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1801 GULF DRIVE N UNIT 248

Condo/Co-op For Sale
$540,000

BTC: 9.17859246

ETH: 338.62380776

New
Waterfront
2 bds
2 ba
1,080 sqft

Overview

Runaway Bay Unit 248 – Investor Opportunity with Waterfront View- SEE LIST OF IMPROVEMENTS! Welcome to Unit 248 at Runaway Bay, a desirable 2-bedroom, 2-bath condominium ideally positioned on the second level with relaxing canal waterfront views. This property is located in one of Bradenton Beach's most sought-after resort-style communities and offers excellent potential as a **short-term rental investment, vacation getaway, or personal beach retreat. Enjoy peaceful water views from your private living space while being directly across the street from the beach with deeded beach access. You'll also be conveniently close to local restaurants, shops, and area attractions, making this an ideal destination for vacationers. The spacious floor plan provides comfortable accommodations for guests and owners alike, creating strong appeal for those seeking rental income in a prime island location. Whether you're looking to generate vacation rental revenue or secure your own piece of paradise, Unit 248 offers the perfect combination of location, waterfront ambiance, and investment potential. Features: 2 Bedrooms | 2 Bathrooms Second-Floor Location Canal Waterfront Views Short-Term Rental Friendly Directly Across the Street from the Beach Deeded Beach Access Resort-Style Community Amenities Close to Restaurants, Shopping & Entertainment Excellent Investment or Vacation Property Opportunity Rental projections available upon request.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1978
Lot:
10.81 Acres
Heating:
Electric
Price/sqft:
$500
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$525,000
$497K – $602K
Confidence Medium
List vs. estimate
$15K above estimate
List $540,000 · +2.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$500
-19.8% vs. city median $623
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,140
2025
Pool
Deck
View
Water
Waterfront
Bay/Harbor Front, Canal Front
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Laminate

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Living Room/Dining Room Combo

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: Two

    • Exterior Features: Garden / Sidewalk / Sliding Doors / Storage

    Lot

    • Lot: 10.81 Acres

    Other Property Information

    • Parcel Number: 7693306008

    • Zoning: R3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Public

  • Other financial information

    • Annual tax amount: $3,141

  • Source details

    • MLS ID: A4697381

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Closet

    • Patio And Porch Features: Rear Porch / Screened

    • Pool Features: Deck / Gunite / Heated / In Ground / Lighting

    • Direction Faces: South

    • Architectural Style: Coastal

    • Waterfront: Yes

    • Living Area: 1080

    • Water Source: Public

    • Subdivision Name: RUNAWAY BAY

Private inquiry
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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