2424 Bay Dr Unit 2424/2426 Bradenton, FL 34207
Estimated payment $24,585/month
Highlights
- 50 Feet of Bay Harbor Waterfront
- Assigned Boat Slip
- 1.32 Acre Lot
- White Water Ocean Views
- Boat Lift
- Deck
About This Home
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.
Listing Agent
COMPASS FLORIDA LLC Brokerage Phone: 941-279-3630 License #3106942 Listed on: 04/17/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $23,870
Year Built
- Built in 1998
Lot Details
- 50 Feet of Bay Harbor Waterfront
- Street terminates at a dead end
- Irrigation Equipment
- Additional Parcels
Parking
- 8 Car Attached Garage
- Basement Garage
- Ground Level Parking
- Tandem Parking
- Garage Door Opener
- Circular Driveway
- Guest Parking
- Open Parking
- Golf Cart Garage
Home Design
- Elevated Home
- Tri-Level Property
- Turnkey
- Metal Roof
- Concrete Siding
- Block Exterior
- Vinyl Siding
- Pile Dwellings
- Stucco
Interior Spaces
- 1,916 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Window Treatments
- Sliding Doors
- White Water Ocean Views
Kitchen
- Built-In Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 5 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Access to Bay or Harbor
- Rip-Rap
- Boat Lift
- Assigned Boat Slip
- Balcony
- Deck
- Enclosed Patio or Porch
- Outdoor Storage
- Rain Gutters
Schools
- Bayshore Elementary School
- Electa Arcotte Lee Magnet Middle School
- Bayshore High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Electric Water Heater
- Cable TV Available
Additional Features
- Accessible Approach with Ramp
- Flood Insurance May Be Required
Listing and Financial Details
- Assessor Parcel Number 6791600106
Community Details
Overview
- No Home Owners Association
- 2 Units
- Treetops Bay Condominium Community
- Treetops Bay Condo Subdivision
- Leased Association Recreation
Pet Policy
- Pets up to 100 lbs
Building Details
- Gross Income $175,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,627 | $501,500 | -- | $501,500 |
| 2024 | $8,627 | $569,500 | -- | $569,500 |
| 2023 | $8,800 | $569,500 | $0 | $569,500 |
| 2022 | $5,130 | $530,000 | $0 | $530,000 |
| 2021 | $4,925 | $352,412 | $0 | $0 |
| 2020 | $5,080 | $347,546 | $0 | $0 |
| 2019 | $5,001 | $339,732 | $0 | $0 |
| 2018 | $4,954 | $333,397 | $0 | $0 |
| 2017 | $4,613 | $326,540 | $0 | $0 |
| 2016 | $4,601 | $319,824 | $0 | $0 |
| 2015 | $4,651 | $317,601 | $0 | $0 |
| 2014 | $4,651 | $315,080 | $0 | $0 |
| 2013 | $4,556 | $310,424 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | For Sale | $4,300,000 | 0.0% | $2,244 / Sq Ft |
| 10/31/2025 10/31/25 | Off Market | $4,300,000 | -- | -- |
| 07/01/2025 07/01/25 | For Sale | $4,300,000 | 0.0% | $2,244 / Sq Ft |
| 06/30/2025 06/30/25 | Off Market | $4,300,000 | -- | -- |
| 04/17/2025 04/17/25 | For Sale | $3,500,000 | -- | $1,827 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,725,000 | Attorney | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $290,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Balloon | |
| Previous Owner | $203,500 | Purchase Money Mortgage | |
| Previous Owner | $232,000 | Purchase Money Mortgage |
Source: Stellar MLS
MLS Number: A4648852
APN: 67916-0010-6
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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