118 18th Street E, BRADENTON, FL

About 118 18th Street E

A vacant lot spanning 0.284 acres (12,371 square feet). It boasts partial ownership in a 1.6-acre private waterfront park, rendering it a unique and unparalleled waterfront property. Although there is no homeowners association (HOA), a corporate structure facilitates shared ownership among 14 property owners, enabling open access to the 1.6 acres of sea walled waterfront property inclusive of riparian rights and a boat launch. There is a one time buy in fee of $1000 for membership in the corporation. Yearly maintenance fees for the park are currently $385 per year, per lot owner. The park is interconnected with and encompassed by the 14 lots. The lot itself has been cleared, filled, and equipped with meters and backflow preventers, positioning it for immediate construction. The property is zoned for an 800-square-foot accessory unit alongside the primary structure. The property also benefits from custom plans and designs provided by a leading Sarasota architectural and engineering firm. The proposed home promises open views of the Manatee River, with all necessary permits currently secured. Survey and land documents available upon request. Owner will consider financing at a competitive rate contingent on terms.

Listing Map