Local realty services provided by:Better Homes and Gardens Real Estate Synergy
Listed by: sandra osorio, pa
Office: compass florida llc.
MLS#:A4648852
Source:MFRMLS
Price summary
- Price:$4,300,000
- Price per sq. ft.:$539.66
About this home
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.
Contact an agent
Home facts
- Year built:1998
- Listing ID #:A4648852
- Added:224 day(s) ago
- Updated:February 09, 2026 at 01:22 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Living area:1,916 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Metal
- Year built:1998
- Building area:1,916 sq. ft.
- Lot area:1.32 Acres
Schools
- High school:Bayshore High
- Middle school:Electa Arcotte Lee Magnet
- Elementary school:Bayshore Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$4,300,000
- Price per sq. ft.:$539.66
- Tax amount:$23,870 (2024)
New listings near 2424 Bay Drive #2424/2426
- New
$269,000Active3 beds 3 baths1,576 sq. ft.5515 27th Street W, BRADENTON, FL 34207
MLS# A4681781Listed by: AFFORDABLE REAL ESTATE - New
$375,000Active3 beds 3 baths1,968 sq. ft.7224 Ketch Place, BRADENTON, FL 34212
MLS# A4681581Listed by: EXP REALTY LLC - New
$57,000Active0.04 Acres69 W 4th Street W #69-4, BRADENTON, FL 34210
MLS# A4681761Listed by: WAGNER REALTY - New
$385,900Active3 beds 2 baths1,468 sq. ft.308 Timberlake Drive #308, BRADENTON, FL 34210
MLS# A4681586Listed by: WAGNER REALTY - New
$62,000Active1 beds 1 baths756 sq. ft.3275 26th Avenue E #109, BRADENTON, FL 34208
MLS# A4681746Listed by: WAGNER REALTY - New
$329,900Active2 beds 2 baths1,256 sq. ft.4460 Fairways Boulevard #107, BRADENTON, FL 34209
MLS# TB8473266Listed by: EXP REALTY LLC - New
$785,000Active4 beds 3 baths2,546 sq. ft.17619 Blue Ridge Place, BRADENTON, FL 34211
MLS# A4681716Listed by: COLDWELL BANKER REALTY - New
$329,990Active3 beds 2 baths1,307 sq. ft.16911 7th Avenue E, BRADENTON, FL 34212
MLS# W7882831Listed by: MALTBIE REALTY GROUP - New
$165,000Active2 beds 2 baths1,216 sq. ft.5316 53rd Avenue E #K12, BRADENTON, FL 34203
MLS# A4681450Listed by: QUARTZ COAST REALTY INC - New
$269,000Active3 beds 2 baths1,150 sq. ft.1835 6th Avenue E, BRADENTON, FL 34208
MLS# TB8473979Listed by: MAKELY REALTY