2424 BAY DR #2424/2426, BRADENTON, FL, 34207
$4,300,000
Residential Income
|
Bedrooms
6
|
Bathrooms
5
|
Living Area
1,916 Sqft
|
Lot Size
57,297 Sqft
|
One or more photo(s) has been virtually staged. Income-Producing Property with Full Development Plans & Permits Ready
Invest in one of Southwest Florida’s most sought-after waterfront corridors—Sarasota-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 Florida’s 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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRA4648852 | Year Built: | 1998 | |
| Accessibility Features: | Accessible Approach with Ramp | Appliances: | Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer | |
| Community Features: | Association Recreation - Lease | Construction Materials: | Block, Concrete, Stucco, Vinyl Siding | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Manatee | Exterior Features: | Balcony, Rain Gutters, Sliding Doors, Storage | |
| Flooring: | Carpet, Ceramic Tile, Laminate | Foundation Details: | Stilt/On Piling | |
| Furnished: | Turnkey | Heating: | Central, Electric | |
| Laundry Features: | Laundry Room | Levels: | Three Or More | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional, Owner Financing | |
| Lot Features: | Flood Insurance Required, Oversized Lot, Street Dead-End | Occupant Type: | Owner | |
| Other Equipment: | Irrigation Equipment | Other Structures: | Storage | |
| Parking Features: | Circular Driveway, Driveway, Garage Door Opener, Golf Cart Garage, Golf Cart Parking, Ground Level, Guest, Open, Oversized, Tandem, Basement | Patio And Porch Features: | Covered, Deck, Enclosed, Front Porch, Rear Porch, Screened | |
| Pets Allowed: | Yes | Possession: | Close Of Escrow | |
| Property Sub Type: | Multi-Family 5+ | Property Type: | Residential Income | |
| Road Surface Type: | Concrete | Roof: | Metal | |
| Sewer: | Public Sewer | Showing Requirements: | 24 Hour Notice, Appointment Only, Call Listing Agent, Listing Agent Must Accompany, Lock Box Electronic, ShowingTime | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Cable Available, Electricity Connected, Sewer Connected, Water Connected | |
| View: | Water | Water Source: | Public | |
| Waterfront Features: | Bay/Harbor | Window Features: | Window Treatments | |
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