Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1998
Sq.Footage
1,916
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.
Features & Amenities
Interior
-
Other Interior Features
Cathedral Ceiling(s), Elevator, High Ceilings, Walk-In Closet(s)
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Yes
Exterior
-
Garage
Yes
-
Garage spaces
8
-
Construction Materials
Block, Concrete, Stucco, Vinyl Siding
-
Other Exterior Features
Balcony, Rain Gutters, Storage
-
Parking
Circular Driveway, Driveway, Garage Door Opener, Golf Cart Garage, Guest, Open, Oversized, Tandem, Basement, Attached
-
Patio and Porch Features
Covered, Deck, Enclosed, Front Porch, Rear Porch, Screened
-
Pool
No
-
Waterfront YN
YES
-
View
Water
Area & Lot
-
Lot Features
Waterfront
-
Lot Size(acres)
1.32
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$4,300,000
-
Tax Amount
23870.0
-
Sq. Footage
1, 916
-
Price/SqFt
$2,244
HOA
-
Association
No
School District
-
Elementary School
Bayshore Elementary
-
Middle School
Electa Arcotte Lee Magnet
-
High School
Bayshore High
Property Features
-
Accessibility Features
Accessible Entrance, Accessible Approach with Ramp
-
Ownership
Condominium
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
0
-
Water Source
Public
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Location
County
Manatee
Elementary School
Bayshore Elementary
Middle School
Electa Arcotte Lee Magnet
High School
Bayshore High
Listing Courtesy of Sandra Osorio, PA , COMPASS FLORIDA LLC
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