Bought with
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,916 sqft
Price per Sqft $2,244
Subdivision Treetops Bay Condo
MLS Listing ID A4648852
Bedrooms 6
HOA Y/N No
Year Built 1998
Annual Tax Amount $24,500
Lot Size 1.320 Acres
Acres 1.32
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
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.
Location
State FL
County Manatee
Community Treetops Bay Condo
Area 34207 - Bradenton/Fifty Seventh Avenue
Zoning PDR
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fans(s), Elevator, High Ceilings, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Ceramic Tile, Laminate
Furnishings Turnkey
Fireplace false
Appliance Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Laundry Room
Exterior
Exterior Feature Balcony, Rain Gutters, Sliding Doors, Storage
Parking Features Circular Driveway, Driveway, Garage Door Opener, Golf Cart Garage, Golf Cart Parking, Ground Level, Guest, Open, Oversized, Tandem, Basement
Garage Spaces 8.0
Community Features Association Recreation - Lease
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
Waterfront Description Bay/Harbor
View Y/N Yes
Water Access Yes
Water Access Desc Bay/Harbor
View Water
Roof Type Metal
Porch Covered, Deck, Enclosed, Front Porch, Rear Porch, Screened
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Flood Insurance Required, Oversized Lot, Street Dead-End
Entry Level Three Or More
Foundation Stilt/On Piling
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Stucco,Vinyl Siding
New Construction false
Schools
Elementary Schools Bayshore Elementary
Middle Schools Electa Arcotte Lee Magnet
High Schools Bayshore High
Others
Pets Allowed Yes
Senior Community No
Pet Size Extra Large (101+ Lbs.)
Ownership Condominium
Acceptable Financing Cash, Conventional, Owner Financing
Listing Terms Cash, Conventional, Owner Financing
Special Listing Condition None
Virtual Tour https://www.compass.com/marketing-center/editor/v2/flipbook/27ce469d-5f36-4a91-b742-73bb26df1122
