1303 GULF DRIVE S UNIT 2 at

1303 GULF DRIVE S UNIT 2

$1,749,000

$250,000
Price Decreased

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Overview

0.16 acres

Property Description

"Build to Suit" - R-2 zoning, also known as Residential-2, is intended to accommodate medium-density residential development. It typically allows for single-family homes, duplexes, attached townhomes, and in some cases, multi-family dwellings, while maintaining a residential character and providing adequate open space. This Prime Buildable Lot Across from the Beach Offered strictly for land value, this is a rare opportunity to acquire the entire Gulf Reach Condominium site—three attached units with separate folio numbers, sold together as one redevelopment package in one of Bradenton Beach’s strongest short-term rental and redevelopment corridors. Build your primary home or an investment vacation rental on this lot. Zoning allows for 1–7-day vacation rentals. Don’t miss this great opportunity! This property has historically operated as a successful VRBO/Airbnb location for many years, benefiting from consistent island demand, exceptional walkability, and immediate proximity to the Gulf beaches and the Bridge Street district. The address itself has long proven its desirability as a vacation-rental destination. Seller will consider buyers who obtain appropriate approvals and require a due-diligence period to evaluate redevelopment feasibility, permitting, and design. This allows qualified investors and builders the opportunity to fully underwrite the project prior to closing. A major upside of this site is its future view potential. With elevated new construction, a buyer can achieve full Gulf views as well as Intracoastal Waterway views, with the beach directly across the street and no structures obstructing sightlines—a rare and valuable combination that significantly enhances resale and rental appeal. Additionally, this property is the second-to-last lot on this stretch of the island, offering a uniquely strategic location. It provides quick and convenient access heading north to Anna Maria Island or south toward Longboat Key and St. Armands Circle, making it ideal for both residents and vacationers seeking easy island mobility. Utilities are already in place, and the site is surrounded by beaches, parks, boat ramps, fishing access, dining, shopping, and island amenities. Ideal for builders, developers, 1031 exchange buyers, or experienced short-term rental investors seeking a proven address with significant upside through elevated new construction in a supply-constrained barrier-island market.

Property Details

MLS#

TB8466465

Address

1303 GULF

City

BRADENTON BEACH

State/county

Zip/Postal Code

34217

Area

Gulf Reach

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$587

Maint Fee

$--

Tax Year

2024

Water

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