Listed by OPTIMUS CREIA
$4,750,000
Treetops Bay
Details
APN 6791600155
Property Type Retail, Land
Sub Type Commercial
Square Footage 4,260
Units 2
Broker Co-Op Yes
Class A
Year Built 1998
Year Renovated 2022
Buildings 4
Stories 3
Acreage 1.390
Zoning PD-R
Investment Type Value Add
ENTITLED/PRICE REDUCTION/SELLER FINANCING: Boutique Waterfront Development with Income
Marketing description
SIGNIFICANT PRICE REDUCTION: Introducing an extraordinary investment opportunity in the heart of the highly sought-after Bradenton- Sarasota-North Port area. This remarkable 4,260 SF property, consisting of two fully renovated units, offers exceptional income potential with a projected $1.5M in Gross Income and $1.2M in Net Income. Boasting 400 feet of pristine coastline and five dock slips in place, this waterfront gem is a rare find. Sold with entitlements and in place, plus plans for a pool and six additional units, this property is primed for expansion and increased revenue generation, making it an enticing prospect for the savvy Multifamily and Single Family Rental Portfolio investor. Seller finanincg available.
Investment highlights
- 4,260 SF building with 400 ft of coastline
- Two fully renovated and completed units
- Potential Gross Income of $1.5M and Net Income of $1.2M
- Zoned PD-R and sold with entitlements in place
- Plans for pool and six additional units
- Five dock slips in place
Listing Contacts
Listed by OPTIMUS CREIA
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