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2424 BAY DRIVE

Lots/Land For Sale
$4,300,000

BTC: 66.15384615

ETH: 2,388.88888889

19 days
Waterfront
0 room(s)

Overview

RARE BAYFRONT DEVELOPMENT OPPORTUNITY – 1.31 ACRES WITH 438’ OF WATERFRONTAGE, DOCKS & EXPANSION POTENTIAL Exceptional opportunity to own a 1.31-acre bayfront property featuring one existing building with two spacious townhomes and the ability to construct three additional two-townhome structures. Whether you’re a builder seeking strong returns or a family envisioning a private waterfront compound, this property offers unmatched flexibility and upside. The current townhomes are each designed for comfortable coastal living, turnkey furnished with generous layouts and stunning water views. Positioned on a massive lot with 4 private docks, the ability to build 5 additional docks this property is a boater’s dream and provides direct Sarasota Bay access for endless waterfront enjoyment. With substantial development potential and expansive water frontage, this is a rare chance to create a multi-unit investment property or design a legacy family retreat on one of the area’s most desirable bayfront parcels. Architectural drawings are already complete; zoning is in place just bring your contractor. Opportunities like this are few and far between—secure your piece of waterfront potential today.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
1.32 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$550,000
$159K – $3.1M
Confidence Low
List vs. estimate
$3.8M above estimate
List $4,300,000 · +681.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,618
2025
Waterfront
Bay/Harbor
All facts and features
  • Lot

    • Lot: 1.32 Acres

    Other Property Information

    • Parcel Number: 6791600106

    • Zoning: PDR

  • Type and style

    • Property Type: Land

  • Utility

    • Cable Available

    • Electricity Available

    • Public

    • Water Available

  • Other financial information

    • Annual tax amount: $7,619

  • Source details

    • MLS ID: A4693459

    Other facts

    • Waterfront: Yes

    • Water Body Name: SARASOTA BAY

    • Water Source: Public

    • Lot Size Dimensions: 272 x 212

    • Subdivision Name: TREETOPS BAY CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX ALLIANCE GROUP