5000sf vacant lot - steps to Gulf of Mexico! Build an island investment home!

2810 Gulf Dr N, Holmes Beach, FL 34217

$1,750,000 After Repair Value -
$439,000 Asking Price -
$1,000,000 Cost of Repairs =
$311,000 Potential Profit

Property Details

Asking Price $439,000

After Repair Value $1,750,000

Costs of Repairs $1,000,000

Potential Profit $311,000

Living Area 5000 ft2

Property Type Land

Bedrooms 0

Bathrooms 0

Half Bathrooms N/A

Parking 0

Listed with Agent 1

Property Description

WEST OF GULF DR! This 5000sf lot allows short term rentals. New homes in this area can gross six figure rental incomes. Only 2 blocks to the sugar sand beaches of the Gulf of Mexico it is a 50x100 buildable lot so close to everything Anna Maria Island has to offer. Live your best life-island style! Walk to the beach, shops, eateries, or the free trolley! Or build an ideal island rental, and share the beach while making a solid return. Looking for 7500sf instead of 5000sf? Purchase the whole 7500sf northern half of the cleared lot instead of just the 5000sf northern plat. Pick your size and build to your liking! Existing structure had covered 15000sf, and was cleared in February. Your new address and tax ID will be assigned at closing. Take a virtual tour of possibility today: -

Repairs Needed

Build a new ~2000sf custom pool home.

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