Active

$4,300,000

Features:
  • 5 Bedrooms
  • 5 Bathrooms
  • 4260 sq ft
Overview
  • ID: MFRA4682178
  • Bedrooms: 5
  • Bathrooms: 5
  • Size: 4260 sq ft
Property Details
Remarks
RARE BAYFRONT DEVELOPMENT OPPORTUNITY – 1.31 ACRES WITH 438’ OF WATERFRONTAGE, DOCKS & EXPANSION POTENTIAL Exceptional opportunity to own a 1.31-acre bayfront property featuring one existing building with two spacious townhomes and the ability to construct three additional two-townhome structures. Whether you’re a builder seeking strong returns or a family envisioning a private waterfront compound, this property offers unmatched flexibility and upside. The current townhomes are each designed for comfortable coastal living, turnkey furnished with generous layouts and stunning water views. Positioned on a massive lot with 4 private docks, the ability to build 5 additional docks this property is a boater’s dream and provides direct Sarasota Bay access for endless waterfront enjoyment. With substantial development potential and expansive water frontage, this is a rare chance to create a multi-unit investment property or design a legacy family retreat on one of the area’s most desirable bayfront parcels. Architectural drawings are already complete; zoning is in place just bring your contractor. Opportunities like this are few and far between—secure your piece of waterfront potential today.
Financial Considerations
Price:
$4,300,000
HOA Fee:
0
Tax Amount:
$8626.73
Price per SqFt:
$1009.39
Tax Legal Description:
UNIT A TREETOPS BAY CONDO PI#67916.0010/6
Exterior Features
Lot Size:
57331
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
5
Heating:
Electric, Heat Pump
Cooling:
Central Air
Appliances:
Dishwasher, Dryer, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Tile, Wood
Levels:
Three Or More
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
1998
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fire Pit, Lighting
Additional Features 2:
Per County Rules & Regulations
Map
  • Address
    2424 BAY DR #2424/2426
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