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$1,749,000
HOA: NoneTaxes: $587/yr218d on market

Gulf Reach

1303 GULF DR S #2, BRADENTON BEACH, FL, 34217

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0 Baths

Key Features

Water View
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💡 Price recently reduced — this could be a great opportunity to negotiate.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 13% ($250,000 off original)
  • 218+ days on market — seller may be motivated

Buyer Insights are informational only — always verify with your agent.

"Build to Suit" - R-2 zoning, also known as Residential-2, is intended to accommodate medium-density residential development. It typically allows for single-family homes, duplexes, attached townhomes, and in some cases, multi-family dwellings, while maintaining a residential character and providing adequate open space. This Prime Buildable Lot Across from the Beach Offered strictly for land value, this is a rare opportunity to acquire the entire Gulf Reach Condominium site—three attached units with separate folio numbers, sold together as one redevelopment package in one of Bradenton Beach’s strongest short-term rental and redevelopment corridors. Build your primary home or an investment vacation rental on this lot. Zoning allows for 1–7-day vacation rentals. Don’t miss this great opportunity! This property has historically operated as a successful VRBO/Airbnb location for many years, benefiting from consistent island demand, exceptional walkability, and immediate proximity to the Gulf beaches and the Bridge Street district. The address itself has long proven its desirability as a vacation-rental destination. Seller will consider buyers who obtain appropriate approvals and require a due-diligence period to evaluate redevelopment feasibility, permitting, and design. This allows qualified investors and builders the opportunity to fully underwrite the project prior to closing. A major upside of this site is its future view potential. With elevated new construction, a buyer can achieve full Gulf views as well as Intracoastal Waterway views, with the beach directly across the street and no structures obstructing sightlines—a rare and valuable combination that significantly enhances resale and rental appeal. Additionally, this property is the second-to-last lot on this stretch of the island, offering a uniquely strategic location. It provides quick and convenient access heading north to Anna Maria Island or south toward Longboat Key and St. Armands Circle, making it ideal for both residents and vacationers seeking easy island mobility. Utilities are already in place, and the site is surrounded by beaches, parks, boat ramps, fishing access, dining, shopping, and island amenities. Ideal for builders, developers, 1031 exchange buyers, or experienced short-term rental investors seeking a proven address with significant upside through elevated new construction in a supply-constrained barrier-island market.

Subdivision
GULF REACH
County
Manatee
Zip Code
34217
Community
Cortez Beach

School Report Card

Source: FL Dept. of Education

ABCDF
Elementary
Middle
High

Neighborhood

Map unavailable

Type
Land
Living Area
Construction
Roof
Flooring
Pool
None
HOA
None
  • Buildable
  • Corner Lot
  • Flood Plain/bottom Land
  • Irregular Lot
  • Level
  • Paved
  • Bb/hs Internet Available
  • Bb/hs Internet Capable
  • Cable Available
  • Electricity Available
  • Phone Available
  • Public
  • Sewer Available
  • Sewer Connected
  • Underground Utilities
  • Water Available
  • Water Connected
  • Street Lights
Bedrooms
Bathrooms
0
Year Built
Construction
Flooring
Roof
Garage Spaces
0
Cooling
Heating
Waterfront
No
Pet Restrictions
Lot Size
0.16 acres
Senior Community
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2024
Annual Tax Amount
$587
No HOA fees on this listing.
Down Payment20% — $349,800
Interest Rate6.50%
Loan Term
Est. Mortgage
$8,844
HOA Fee
$0
Est. Property Tax
$49
Est. Insurance
$583
Total Est. Monthly Cost$9,476

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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