2424 Bay Dr, Unit 2424/2426
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...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.
Property Details for 2424 Bay Drive, Unit 2424/2426
Property Details for 2424 Bay Drive, Unit 2424/2426
| Status | Active |
|---|---|
| MLS # | A4648852 |
| Days on Market | 238 |
| Taxes | $23,870 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | - |
| Year Built | 1998 |
| Lot Size | 1.32 AC |
| County | Manatee County |
Location
Listing Courtesy of: .
Building Information for 2424 Bay Drive, Unit 2424/2426
Payment Calculator
$23,237 per month
30 year fixed, 6.28% Interest
$21,248
$1,989
$0
Property Information for 2424 Bay Drive, Unit 2424/2426
- Building Area Source: Public Records
- Building Area Total: 7968.0
- Building Area Units: Square Feet
- Building Name Number: 2424/2426
- Community Features: Association Recreation - Lease
- Directions: Taking Tamiami Trail, head WEST onto 69th Ave W (BAY DRIVE). Home will be all the way at the end of road, on left hand side.
- Elementary School: Bayshore Elementary
- Middle Or Junior School: Electa Arcotte Lee Magnet
- High School: Bayshore High
- Mls Major Change Type: Back On Market
- Major Change Type: Back On Market
- Listing Service: Full Service
- Road Frontage Type: Street Dead-End
- Senior Community: No
- SW Subdiv Community Name: Treetops Bay Condominium
- Unit Number: No
- Street Number: 2424
- Street Name: BAY
- Street Suffix: DRIVE
- Unit Number: 2424/2426
- State: FL
- City: BRADENTON
- Attached Garage: Yes
- Carport: No
- Garage Dimensions: 25x39
- Garage: Yes
- Parking Features: Circular Driveway, Driveway, Garage Door Opener, Golf Cart Garage, Golf Cart Parking, Ground Level, Guest, Open, Oversized, Tandem, Under Building
- Association Approval Required: No
- Association: No
- CDD: No
- Pet Restrictions: County restrictions
- Pet Size: Extra Large (101+ Lbs.)
- Tax Book Number: 1248-3362
- Tax Legal Description: UNIT A TREETOPS BAY CONDO PI#67916.0010/6
- Tax Lot: 0
- Tax Year: 2024
- Virtual Tour URL Unbranded: https://www.compass.com/marketing-center/editor/v2/flipbook/27ce469d-5f36-4a91-b742-73bb26df1122
- Virtual Tour URL Unbranded 2: https://harcourtsauctions.com/properties/2424-bay-drive-bradenton-fl-34207/
- Additional Parcels Description: 6791600205, 6791600254, 6791600106
- Additional Parcels: Yes
- Lot Features: Flood Insurance Required, Oversized Lot, Street Dead-End
- Parcel Number: 6791600106
- Total Acreage: 1 to less than 2
- Total Num Buildings: 1
- Water Access: Bay/Harbor
- Water Access: Yes
- Water Body Name: SARASOTA BAY
- Water Extras: Assigned Boat Slip, Lift, Riprap
- Water Extras: Yes
- Water: Assigned Boat Slip, Lift, Riprap
- Zoning: PDR
- Living Area: 1916
- Year Built Numeric: 1998
- Accessibility Features: Accessible Approach with Ramp
- Flood Zone Code: AE
- Flood Zone Date: 08-10-2021
- Flood Zone Panel: 12081C0312F
- Homestead: No
- New Construction: No
- Number Of Lots: 3
- Property Attached: Yes
- Public Survey Range: 17
- Public Survey Section: 27
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
- Water Source: Public
- Construction Materials: Block, Concrete, Stucco, Vinyl Siding
- Exterior Features: Balcony, Irrigation System, Rain Gutters, Sliding Doors, Storage
- Foundation Details: Stilt/On Piling
- Levels: Three Or More
- Other Structures: Storage
- Patio And Porch Features: Covered, Deck, Enclosed, Front Porch, Rear Porch, Screened
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Metal
- Spa: No
- Waterfront Features: Bay/Harbor
- Waterfront Feet Total: 50
- Bedrooms Total: 6
- Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Cooling: Central Air
- Fireplace: No
- Flooring: Carpet, Ceramic Tile, Laminate
- Heating: Central, Electric
- Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Elevator, High Ceilings, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Laundry Features: Laundry Room
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Water View: Yes
- Window Features: Window Treatments
- Annual Net Income: $1,700,000.00
- Gross Income: $175,000
- Unit Count: 2
- Minimum Lease Period: 0
- Pets Allowed: Yes
- Max Pet Weight: 100
Property History for 2424 Bay Drive, Unit 2424/2426
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 3, 2025 | Listed (Active) MFRMLS #A4648852 | — | |
| Oct 31, 2025 | Expired MFRMLS #A4648852 | $4,300,000 | — |
| Jul 1, 2025 | Listed (Active) MFRMLS #A4648852 | — | |
| Jun 30, 2025 | Temporarily Off Market MFRMLS #A4648852 | $4,300,000 | — |
| Apr 17, 2025 | Listed (Active) MFRMLS #A4648852 | $3,500,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/03/2025 | Listed (Active) MFRMLS #A4648852 | — |
| 10/31/2025 | Expired MFRMLS #A4648852 | $4,300,000 |
| 07/01/2025 | Listed (Active) MFRMLS #A4648852 | — |
| 06/30/2025 | Temporarily Off Market MFRMLS #A4648852 | $4,300,000 |
| 04/17/2025 | Listed (Active) MFRMLS #A4648852 | $3,500,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2424 Bay Drive, Unit 2424/2426
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Bayshore Elementary School PublicPK to 5 | ||
Electa Lee Magnet Middle School Public6 to 8 | ||
Bayshore High School Public9 to 12 | ||
State College Of Florida Collegiate School Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Explore Nearby Homes
- Bayshore Gardens Homes for Sale
- Oneco Homes for Sale
- South Bradenton Homes for Sale
- Whitfield Homes for Sale
- Villages of Lakeside Homes for Sale
- West Samoset Homes for Sale
- DeSoto Square Villas Homes for Sale
- West Bradenton Homes for Sale
- Glenn Lakes Homes for Sale
- Sandpoints Homes for Sale
- High Point Homes for Sale
- Terminal Park Homes for Sale
- Edgewood Homes for Sale
- Paradise Garden Homes for Sale
- Samoset Homes for Sale
- Bradenton Homes for Sale
- Sarasota Homes for Sale
- Longboat Key Homes for Sale
- Palmetto Homes for Sale
- Ellenton Homes for Sale
- Cortez Homes for Sale
- University Park Homes for Sale
- Bradenton Beach Homes for Sale
- Parrish Homes for Sale
- Terra Ceia Homes for Sale
- Holmes Beach Homes for Sale
- Lakewood Ranch Homes for Sale
- Anna Maria Homes for Sale
- St. Petersburg Homes for Sale
- Osprey Homes for Sale
- 34243 Homes for Sale
- 34210 Homes for Sale
- 34205 Homes for Sale
- 34203 Homes for Sale
- 34208 Homes for Sale
- 34209 Homes for Sale
- 34260 Homes for Sale
- 34234 Homes for Sale
- 34221 Homes for Sale
- 34228 Homes for Sale
- 34222 Homes for Sale
- 34236 Homes for Sale
- 34201 Homes for Sale
- 34235 Homes for Sale
- 34215 Homes for Sale
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.
