2424 BAY DRIVE UNIT 2424/2426 at

2424 BAY DRIVE UNIT 2424/2426

For sale Days on market 294

$4,300,000

$2244/sq ft

$800,000
Price Increased

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2424 BAY DRIVE UNIT 2424/2426

For sale Days on market 294

$4,300,000

$2244/sq ft

$800,000
Price Increased

Overview

Bedroom

Year Built

1998

Garage

Sqft

1916

Property Description

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

MLS#

A4648852

Garage

Address

2424 BAY

City

Bradenton

State/county

Zip/Postal Code

34207

Area

Treetops Bay Condo

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$23,870

Maint Fee

$--

Tax Year

2024

Built-In Oven

Dishwasher

Disposal

Dryer

Electric Water Heater

Microwave

Range

Refrigerator

Washer

Water

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