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1423 GULF DRIVE N, Bradenton Beach, FL, 34217 | $1,150,000
Positioned in the highly desirable Bermuda Bay Club on sought-after Gulf Drive in Bradenton Beach, this exceptional 3-bedroom, 2. 5-bath condominium offers a rare opportunity for investors seeking strong income potential combined with long-term value appreciation. Located just steps from the Gulf beaches with both beach and bay views from the private deck, this property delivers the island lifestyle vacation renters actively seek.
This property presents an attractive investment profile with major improvements already completed, helping minimize future capital expenses. Features include hurricane-impact windows and doors, metal roof, HVAC (2021), water heater (2025), milestone inspection completed, and all building inspections current and up to date within a healthy, well-maintained condominium community. Community pool and Fishing pier to Bay side. Walk across the street to the beach.
The updated kitchen features custom cabinetry, quartz countertops, and newer appliances, while all bathrooms have been completely remodeled with quality finishes and modern design. One of the most unique features is the oversized garage with an extra-high garage door and tandem parking capability for a third vehicle an increasingly valuable amenity for beach properties. The expansive garage offers room for multiple vehicles, golf carts, bikes, kayaks, and beach equipment, enhancing guest appeal and rental desirability.
Bermuda Bay Club amenities include a heated pool, barbecue area, private bayfront access path, and deeded beach access directly across the street providing the resort style experience today's vacation guests are searching for.
An additional benefit: this residence has never been a rental, offering investors exceptional owner care and pride of ownership. Rental projections are available upon request for buyers seeking income potential and return-on-investment analysis.
Investment opportunities with updated systems, reduced deferred maintenance concerns, oversized garage space, beach access, water views, and prime island location are increasingly difficult to find. Secure your opportunity to own a high-demand coastal property in one of Bradenton Beach's most desirable communities. Sold with most furniture to convey with sale. See exclusion list and exclude personal items.
Investor Highlights:
• 3 Bedrooms | 2. 5 Bathrooms
• Rental Projections Available Upon Request
• Beach & Bay Views
• Steps to Gulf Beaches
• Hurricane Windows & Doors
• Metal Roof
• HVAC 2021
• Water Heater 2025
• Completely Remodeled Bathrooms
• Updated Kitchen with Granite & Custom Cabinetry
• High Garage Door with Tandem Third Vehicle Parking
• Oversized 2–3 Car Garage tandem
• Heated Community Pool
• Milestone Inspection Complete
• Healthy, Well-Maintained Community
• Never Previously Used as a Rental
Features
- Amenities: Pool
- Rooms: 8
- Bedrooms: 3
- Baths: 2 full / 1 half
- Laundry: Inside, Laundry Closet
- Style: Coastal, Traditional
- Year Built: 1999
- Garage: 3-car Driveway, Garage Door Opener, Golf Cart Parking, Ground Level, Guest, Off Street, Oversized, Tandem, Under Building
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,524
- Acreage: 0.25
- Est. Taxes: $13,052
- Condo Fee: $3,251 Quarterly
- Lot Desc: Cul-De-Sac, Landscaped, Near Public Transit
- View: Water
- Water Front: Yes
- Elem. School: Anna Maria Elementary
- Middle School: Martha B. King Middle
- High School: Manatee High
- Pet Policy: Yes
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
- MLS#: A4693688
- Days on Market: 3 days
- Website: https://www.raveis.com
/eprop/A4693688/1423gulfdriven_bradentonbeach_fl?source=qrflyer
Listing courtesy of RE/MAX ALLIANCE GROUP Phone: 941-778-7777
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1423 GULF DRIVE N, Bradenton Beach, FL, 34217
$1,150,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $920,000 | $920,000 | $920,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $1,088 | $1,088 | $1,088 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,516 | $5,665 | $7,763 |
| Total Monthly Payment | $6,729 | $6,878 | $8,976 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388