Bradenton Beach - Beach Property For Sale #5812503

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!