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2424 Bay Drive 2424-2426
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PRICED AT ONLY: $4,300,000

Address: 2424 Bay Drive 2424-2426, BRADENTON, FL 34207

Description

One or more photo(s) has been virtually staged. Income Producing Property with Full Development Plans & Permits Ready Invest in one of Southwest Floridas most sought after waterfront corridorsSarasota Bradenton, where luxury new construction and high end townhome developments are in record demand. This prime corner bayfront lot offers both immediate rental income and exceptional redevelopment potential, making it a rare find for real estate investors and developers seeking a fast track project with all approvals in place. Property Highlights Premier Waterfront Location Bay frontage with an 18 ft deep canal providing direct boating access to Sarasota Bay Development Ready Includes approved permits, architectural plans, and professional renderings Project Scope Plans call for three boutique buildings, each featuring two luxury waterfront townhomes Private Dockage Four existing docks with the potential to add up to five more Turnkey Income Two existing waterfront townhomes currently generating rental income for immediate cash flow Investment Appeal Fast Track Development Save time and costs with permits and designs already completed Rare Bayfront Lot Corner site offering panoramic water views and deep water access Strong ROI Potential Luxury townhomes in this area sell pre construction at premium price points Zoned, Designed, and Ready to Build Ideal for builders, developers, and real estate investment groups Why Sarasota Bradenton? Located in one of Floridas fastest growing coastal markets, Sarasota Bradenton attracts affluent buyers seeking modern waterfront living, boating access, and proximity to beaches, dining, and culture. Investor demand and low inventory continue to drive strong appreciation and rental performance across the region.

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  • MLS#: A4648852 ( Residential Income )
  • Street Address: 2424 Bay Drive 2424-2426
  • Viewed: 330
  • Price: $4,300,000
  • Price sqft: $540
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Bay/Harbor
  • Year Built: 1998
  • Bldg sqft: 7968
  • Bedrooms: 6
  • Total Baths: 5
  • Garage / Parking Spaces: 8
  • Days On Market: 274
  • Acreage: 1.32 acres

Description

One or more photo(s) has been virtually staged. Income Producing Property with Full Development Plans & Permits Ready Invest in one of Southwest Floridas most sought after waterfront corridorsSarasota Bradenton, where luxury new construction and high end townhome developments are in record demand. This prime corner bayfront lot offers both immediate rental income and exceptional redevelopment potential, making it a rare find for real estate investors and developers seeking a fast track project with all approvals in place. Property Highlights Premier Waterfront Location Bay frontage with an 18 ft deep canal providing direct boating access to Sarasota Bay Development Ready Includes approved permits, architectural plans, and professional renderings Project Scope Plans call for three boutique buildings, each featuring two luxury waterfront townhomes Private Dockage Four existing docks with the potential to add up to five more Turnkey Income Two existing waterfront townhomes currently generating rental income for immediate cash flow Investment Appeal Fast Track Development Save time and costs with permits and designs already completed Rare Bayfront Lot Corner site offering panoramic water views and deep water access Strong ROI Potential Luxury townhomes in this area sell pre construction at premium price points Zoned, Designed, and Ready to Build Ideal for builders, developers, and real estate investment groups Why Sarasota Bradenton? Located in one of Floridas fastest growing coastal markets, Sarasota Bradenton attracts affluent buyers seeking modern waterfront living, boating access, and proximity to beaches, dining, and culture. Investor demand and low inventory continue to drive strong appreciation and rental performance across the region.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Rain Gutters, Sliding Doors, Storage
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 1916.00
  • Other Structures: Storage
  • Roof: Metal
Land Information
  • Lot Features: Flood Insurance Required, Oversized Lot, Street Dead-End
School Information
  • High School: Bayshore High
  • Middle School: Electa Arcotte Lee Magnet
  • School Elementary: Bayshore Elementary
Garage and Parking
  • Garage Spaces: 8.00
  • Open Parking Spaces: 0.00
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Golf Cart Garage, Golf Cart Parking, Ground Level, Guest, Open, Oversized, Tandem, Basement
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Accessibility Features: Accessible Approach with Ramp
  • Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Country: US
  • Furnished: Turnkey
  • Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Elevator, High Ceilings, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Legal Description: UNIT A TREETOPS BAY CONDO PI#67916.0010/6
  • Levels: Three Or More
  • Area Major: 34207 - Bradenton/Fifty Seventh Avenue
  • Occupant Type: Owner
  • Parcel Number: 6791600106
  • Possession: Close Of Escrow
  • Unit Number: 2424/2426
  • View: Water
  • Views: 330
  • Zoning Code: PDR
Nearby Subdivisions
Holiday Heights First Addition   Mccollums Lake   Patrison   Prideaux Terrace   Treetops Bay Condo  

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