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    1101 Gulf Dr N Bradenton Beach, FL 34217

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    For Sale
    $6,750,000

    Prime location for multifamily development in a thriving market.

    Lot size:
    0.70 Acres

    Property Features for 1101 Gulf Dr N

    General Information

    Lot size
    0.70 Acres

    Source: Coldwell Banker Realty | Sarasota Downtown Agent David J Neff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bradenton Beach Multifamily Development Opportunity

    Located at 1101 Gulf Drive North, Bradenton Beach, FL, this property presents an investment opportunity in the Sarasota Bradenton area. Zoned BB_R3, 18 UPA, the property's versatile zoning allows for a range of possibilities, making it an attractive prospect for multifamily development. The location is near the beaches of Anna Maria Island, Lido Key and Siesta Key and within easy reach of Sarasota's cultural attractions. The property is near major economic hubs, such as Anna Maria Island, Cortez Fishing Village, Downtown Sarasota and Downtown Bradenton and a short drive to Sarasota-Bradenton International Airport. The area provides a blend of work, leisure, and coastal living for developers, investors or builders seeking a multifamily or condominium location. This property has a .02A parcel deeded access on the beach.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Queen's Gate Resort Resort Hotel

    Suggested Use

    Law Firm Restaurant Spa & Massage Realty agency Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton Beach
    County
    Manatee
    State
    Florida
    Longitude
    -82.70035
    Latitude
    27.4717343

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    FAQs

    What type of property is this?
    Multifamily property - Prime location for multifamily development in a thriving market.
    Where is this multifamily property located?
    The property is located at 1101 Gulf Dr N Bradenton Beach, FL.
    What is the asking price?
    The asking price for this property is $6,750,000.
    What are key features of this property?
    This property features: - Prime location in the sought-after Sarasota/Bradenton area near Anna Maria Island, Lido Key and Siesta Key beaches; - Zoned BB_R3, 18 UPA, allowing for multifamily development; - Versatile zoning offers a range of development possibilities
    (941) 448-1500
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    1101 Gulf Dr N Bradenton Beach, FL 34217
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    Bradenton Beach, FL 34217
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1101 Gulf Dr N Bradenton Beach, FL 34217
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