2424 Bay Drive 2424/2426, BRADENTON, FL

$4,300,000

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6

Beds

5

Baths

1,916

Square feet

1.32

Acres

About 2424 Bay Drive 2424/2426

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.

Residential Income home for sale in BRADENTON, FL at 2424 Bay Drive 2424/2426. This 6 bedroom Residential Income home is priced at $2,244/sqft

Features of 2424 Bay Drive 2424/2426

MLS® # A4648852
Price $4,300,000
Bedrooms 6
Bathrooms 5.00
Square Footage 1,916
Acres 1.32
Year Built 1998
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information: Bradenton

Address 2424 Bay Drive 2424/2426
Area Bradenton/Fifty Seventh Avenue
Subdivision TREETOPS BAY CONDO
City BRADENTON
County Manatee
State FL
Zip Code 34207

Amenities of 2424 Bay Drive 2424/2426

Parking Circular Driveway, Driveway, Garage Door Opener, Golf Cart Garage, Golf Cart Parking, Ground Level, Guest, Open, Oversized, Tandem, Under Building
# of Garages 8
View Water
Is Waterfront Yes
Waterfront Bay/Harbor
Has Pool No
Senior Community No

Interior of 2424 Bay Drive 2424/2426

Interior Features Cathedral Ceiling(s), Ceiling Fan(s), Elevator, High Ceilings, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Appliances Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Heating Central, Electric
Cooling Central Air
Fireplace No
Furnished Turnkey

Exterior of 2424 Bay Drive 2424/2426

Exterior Features Balcony, Irrigation System, Rain Gutters, Sliding Doors, Storage
Lot Description Flood Insurance Required, Oversized Lot, Street Dead-End
Roof Metal
Foundation Stilt/On Piling

School Information

Elementary Bayshore Elementary
Middle Electa Arcotte Lee Magnet
High Bayshore High

Additional Information On 2424 Bay Drive 2424/2426

Date Listed April 17th, 2025
Days on Market 196
Zoning PDR
Flood Zone Code AE
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCOMPASS FLORIDA LLC

Map To 2424 Bay Drive 2424/2426, BRADENTON

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