Off-Market~$1.02M Spread

3BR / 3.5BA Open Bay Front — 5,080 Sq Ft

Gulf Coast · Bradenton
Starting at $980,000

An open-bay-front estate with over a million dollars of spread to its after-repair estimate provided by the seller. Budget the $32,000/yr HOA into your hold.

About This Property

A 5,080 sq ft bay-front residence built in 1985 in a guard-gated Bradenton enclave, with open water frontage — the kind of setting the luxury resale market pays for and the reason this deal carries a seven-figure spread.

The critical majors are recent: roof 2021, AC 2023. The home is vacant at close and sold as-is; plan a high-end renovation befitting the $2M comp set.

Carry cost is real here. The community HOA is $32,000 per year (about $2,667/mo) and covers the 24-hour guard, community pool, cable and internet, exterior and grounds maintenance, reserves, manager and the private road. It buys genuine amenity — but it belongs in your hold math from day one. Flood zone AE, as expected on open water.

Property Details

  • Property typeSingle-family — bay front
  • Bedrooms3
  • Bathrooms3.5
  • Living area5,080 sq ft
  • Year built1985
  • WaterOpen bay frontage
  • HOA$32,000/yr (~$2,667/mo) — guard, pool, cable/internet, exterior & grounds, reserves, private road
  • Flood zoneAE
  • Street addressOn record — released to registered buyers

Condition & Scope

  • Scope of workHigh-end interior renovation to the $2M comp set
  • Roof2021
  • AC2023
  • Water heater6–10 yrs
  • OccupancyVacant at close
  • ConditionSold as-is

Comparables

  • Seller-provided after-repair value of $2,000,000 — not independently verified by us
  • Bay-front product at this basis rarely reaches the open market

Ask and we will pull county sold comps and underwrite this deal with you before you offer.

Offer Terms

  • Accepted financingCash · hard-money / private
  • Proof of fundsRequired with offer
  • Earnest moneyDue at contract signing
  • Closing costsTypically buyer-paid
  • TimelineQuick close preferred
  • Seller's target closingFast close preferred

Terms are typical for these opportunities — exact figures and title company confirmed with your offer.

How It Works

Is this property on the MLS?

No. These are off-market opportunities shared privately with our buyer network before they ever hit the open market — so you avoid bidding wars and retail competition.

Can I walk the property before I offer?

Yes — walkthroughs are by appointment. Reach out and we'll coordinate access or share a walkthrough video where one is available.

What do I need to lock it up?

A signed agreement, proof of funds, and an earnest-money deposit. Cash or hard-money / private financing moves fastest.

Do you have comps and a full numbers breakdown?

ARV and rehab figures on most listings come from the seller, and we label them that way rather than presenting them as our own analysis. Ask, and we will pull county sold comps and underwrite the deal with you before you make an offer. On some listings that work is already done.

How quickly can we close?

As fast as title allows. Quick, clean closings are preferred and often part of securing the best price.

To schedule a walkthrough or submit an offer, contact:
Stephen Tilton — FLA Private Deals
📲 407-955-2759  |  📧 StephenLifeFL@gmail.com
Unlock Address & Numbers

All figures (after-repair value, rehab estimates, rents, and spreads) are estimates provided for investor convenience and are not guaranteed. Buyers should perform their own due diligence and verify all numbers, condition, square footage, and zoning independently. Property offered for off-market sale; details subject to change or prior sale.