Land for Sale - 303 Gulf Drive N A, Bradenton Beach, FL 34217 - 0.12 acres

0.12 acres in Manatee County, FL

303 Gulf Drive N A, Bradenton Beach, FL | Lat/Lng:  27.4767, -82.7025

$1,500,000
0.12 ac.
02/15/2025
ACTIVE
Main Listing ImageMain Listing Image

Description

303 Gulf Drive North, Bradenton BeachRare Buildable Beachfront Lot Opportunity Bradenton BeachProperty Overview: Land value Opportunity distressedLocation: First buildable beachfront lot on Bradenton Beach, spanning 5,150 sqft. 51.5ft frontageUniqueness: No comparable property highly valuable with unobstructed Gulf views facing due west.Zoning: R3 Multifamily, ideal for development of a 3-4 story residential building. Do own diligence!short term capable. stilt construction multi unit building best use. Presnty having building removed. The new cortez bridge may alter frontage on roadDeeded Transferable Rights: Includes riparian rights and unobstructed Gulf views. In legal description..Condition: Distressed property with two hurricane-damaged structures requiring removal.1 bungalow and 1 two-story, 3+ unit building both unrepairable.Partial deconstruction already initiated by Hurricane Milton easy for a builder to complete.Investment Highlights:Prime Opportunity: The only vacant beach-view lot available on Holmes & Bradenton Beach.Pricing: $1.7M ($330 sqft), priced to reflect demolition costs.Recent highest beach area land sale: $407 sqft.Estimated Market Value (Post-Clearing): $2.1M. based on recent sales.Last Comparable Sale: $950K (sold 4 years, 10 months ago); now a multi-family property generating ~$200K+ annually.Terms of SaleCash purchase, AS-IS No concessions or contingencies.Due diligence period: 7 days.Closing timeline: 10 days.Proof of Funds (POF) required serious buyers only.Ideal Buyers:End-users, contractors, builders, or investors land value sale with debris removal considered responsibility of buyer.Utilities & Development Assistance:Underground power projects underway on Bradenton Beach to move overhead lines to underground power lines. contact FPL construction for project data.Don t miss this rare chance to secure a prime Gulf-front multifamily lot in one of Florida s most sought-after locations!

Details

CountyManatee
Zipcode34217
Property Type OneUndeveloped Land
BrokeragePREFERRED SHORE LLC
Brokerage Linkwww.kwsarasotametro.com
Craig McCoy
PREFERRED SHORE LLC
(941) 212-3590
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