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2424 Bay Dr
Bradenton, FL 34207
Treetops Bay Boutique Waterfront Development · Land For Sale
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1.39 AC
Investment Highlights
- 4,260 SF building with 400 ft of coastline
- Potential Gross Income of $1.5M and Net Income of $1.2M
- Plans for pool and six additional units
- Two fully renovated and completed units
- Zoned PD-R and sold with entitlements and permits in place
- Five dock slips in place
Property Facts
| Property Type | Land | Total Lot Size | 1.39 AC |
| Property Subtype | Residential | Parcel Number | 67916-0005-6 |
| Proposed Use | |||
| Zoning | PD-R - planned development residential | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.39 AC |
| Zoning | PD-R - planned development residential |
| Parcel Number | 67916-0005-6 |
Description
Introducing an extraordinary investment opportunity in the heart of the highly sought-after Bradenton-Sarasota-North Port area. This remarkable 4,260 SF property, consisting of two fully renovated units, offers exceptional income potential with a projected $1.5M in Gross Income and $1.2M in Net Income. Boasting 400 feet of pristine coastline and five dock slips in place, this waterfront gem is a rare find. Sold with entitlements and permits in place, plus plans for a pool and six additional units, this property is primed for expansion and increased revenue generation, making it an enticing prospect for the savvy Multifamily and Single Family Rental Portfolio investor.
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