303 Gulf Drive N Unit A, Bradenton Beach, FL 34217
- $1,050,000
- Sold Price
- $1,050,000
- List Price
- $1,500,000
- Status
- Sold
- Days on Market
- 113
- Closing Date
- Aug 01, 2025
- MLS#
- A4640136
- Lot Size
- 5,150
- Acres
- 0.12
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Corrected Of Azure Shores
- Community Name
- Azure Shores
- MLS Area Major
- Holmes Beach/Bradenton Beach
Property Description
303 Gulf Drive North, Bradenton Beach Rare Buildable Beachfront Lot Opportunity – Bradenton Beach Property Overview: Land value Opportunity distressed Location: First buildable beachfront lot on Bradenton Beach, spanning 5,150 sqft. 51.5ft frontage Uniqueness: 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 road Deeded 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 Sale Cash 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!
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Additional Information
- Taxes
- $5628
- Location
- Buildable, Flood Plain/Bottom Land, Level, Near Marina, Sidewalk, Paved
- Community Features
- No Deed Restriction
- Zoning
- R3
- Utilities
- Electrical Nearby, Other, Sewer Connected, Sewer Nearby, Telephone Nearby, Water Connected, Water Nearby
- Pool
- No Pool
- Elementary School
- Anna Maria Elementary
- Middle School
- Martha B. King Middle
- High School
- Bayshore High
- Fences
- Partial
- Water View
- Gulf/Ocean - Partial
- Water Frontage
- Riparian Rights
- Pets
- Allowed
- Flood Zone Code
- AE
- Parcel ID
- 7727100005
- Legal Description
- LOT 2 BLK F AZURE SHORES RIP RTS PI#77271.0000/5
Listing courtesy of PREFERRED SHORE LLC. 941-999-1179
Selling Office: REAGAN REALTY, LLC.Mortgage Calculator
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