303 GULF DRIVE N #A

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.
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!