Treetops Bay

For Sale

2424 Bay Dr, Bradenton, FL 34207

This Bradenton property for sale is located at 2424 Bay Dr. The current listed sale price for Treetops Bay is Subject To Offer. Treetops Bay is situated on a lot that is 1.39 acre in size.

Contacts

broker

Brett Kaplan

Optimus CREIA

(941) 270-3323

Property Details

  • Property Type VacantLand
  • Property Size 4,260 SF
  • Units 2
  • Lot Size 1.39 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1998
  • Year Renovated 2022
  • Date Updated May 6, 2024
Located in the thriving Bradenton-Sarasota-North Port market, the Treetops Bay property offers an attractive investment opportunity for Multifamily and Single Family Rental Portfolio investors. Surrounding the area are vibrant attractions such as the stunning Gulf Coast beaches, Robinson Preserve, and the South Florida Museum. With a variety of dining, entertainment, and recreational options nearby, this location provides a desirable living experience for residents. The property's prime location within this dynamic region makes it a compelling choice for investors seeking to capitalize on the area's strong rental market and growth potential.Introducing an extraordinary investment opportunity in the heart of the highly sought-after Bradenton-Sarasota-North Port area. This remarkable 4,260 SF property, consisting of two fully renovated units, offers exceptional income potential with a projected $1.5M in Gross Income and $1.2M in Net Income. Boasting 400 feet of pristine coastline and five dock slips in place, this waterfront gem is a rare find. Sold with entitlements and permits in place, plus plans for a pool and six additional units, this property is primed for expansion and increased revenue generation, making it an enticing prospect for the savvy Multifamily and Single Family Rental Portfolio investor.

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Highlights

  • - 4,260 SF building with 400 ft of coastline
  • - Two fully renovated and completed units
  • - Potential Gross Income of $1.5M and Net Income of $1.2M
  • - Zoned PD-R and sold with entitlements and permits in place
  • - Plans for pool and six additional units
  • - Five dock slips in place

Getting around

  • 25/100

    Walk Score ®

  • 35/100

    Bike Score ®

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Location

  • City Bradenton, FL
  • Neighborhood Bayshore Gardens
  • Zip Code 34207
  • Market Southwest Florida Coast

Points of Interest

  • Marathon

    0.64 miles

  • Speedway

    0.70 miles

  • Mobil

    1.36 miles

  • 7-Eleven

    1.70 miles

  • Wawa

    2.11 miles

  • Mobil

    2.11 miles

  • Shell

    2.14 miles

  • Citgo

    2.18 miles

  • 7-Eleven

    2.40 miles

  • Citgo

    2.52 miles

  • Overflow Parking

    1.54 miles

  • Rental Car Parking

    2.94 miles

  • Short Term Parking

    2.98 miles

  • Long Term Parking

    3.07 miles

  • Starbucks

    4.37 miles

  • City Centre Parking Garage

    5.56 miles

  • Lewis Park parking lot

    5.65 miles

  • Riverwalk Lot

    5.68 miles

  • Palm Avenue Parking Garage

    6.22 miles

  • State Street Parking Garage

    6.38 miles

  • Quality Inn Bradenton - Sarasota North

    0.72 miles

  • Ramada by Wyndham Sarasota Waterfront

    0.85 miles

  • Hilton Garden Inn

    2.21 miles

  • Legacy Hotel

    2.29 miles

  • Holiday Inn Sarasota-Airport

    2.85 miles

  • Manatee Inn - Best Western

    2.96 miles

  • Knights Inn

    3.22 miles

  • Courtyard by Marriott Sarasota Bradenton Airport

    3.24 miles

  • Hampton Inn & Suites

    3.25 miles

  • Hyatt Place

    3.30 miles

  • Target

    1.09 miles

  • TJ Maxx

    1.14 miles

  • Publix

    1.25 miles

  • Winn-Dixie

    1.50 miles

  • ALDI

    1.63 miles

  • Save-A-Lot

    1.74 miles

  • Acapulco Tropical Supermarket

    1.76 miles

  • India Bazaar

    2.26 miles

  • El Mariachi Loco

    2.49 miles

  • Bradenton Latin Market

    2.58 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Brett Kaplan

Optimus CREIA

(941) 270-3323