Listing Details for MLS #A4634855
514 Riverside Drive E, Bradenton, Fl

Residential Property - Single Family Residence in Bradenton

Listing Price: $899,000 (Mortgage Calculator →)Days on Market: 1

Description of Property

Location, location, location is everything at this waterfront oasis on beautiful Tarpon Pointe, in the heart of the downtown core (one of the last remaining waterfront properties in Bradenton). This fully restored 1939 Key West cottage has NEVER received any storm damage in its long history (including recent hurricanes Helene and Milton) and occupies a spacious corner lot directly on the popular Riverwalk. A rare gem (within the historic district), this unique property is both residential and T-5 commercial (with no deed restrictions and no HOA) – offering optimal opportunity and value. Available furnished or unfurnished, it is currently a successful Airbnb/VRBO and Airbnb ‘Guest Favorite.’ With water views from three sides of the home, this 3-bedroom, 2-bath house sits on the lovely Manatee River (near Tarpon Pointe Marina) with its convenient access to the Intracoastal Waterway, Gulf of Mexico and Tampa Bay -- and the sandy white beaches of the Gulf of Mexico – and its central location offers easy access to the airports in Sarasota, Tampa and St. Petersburg. With an abundance of natural light and stunning water views, it is the ideal space for hosting, entertaining or running your own business. Quality is everywhere you look with elegant crown molding, wood, and ceramic tile flooring throughout. Upgrades include a metal roof (installed in 2010), an HVAC system (installed in 2019). All the rooms have ceiling fans. All original, double-hung windows were restored in 2018. A stand-up attic runs the full length of the house offers great potential to add a loft or complete second floor. The covered lanai is a favorite spot to enjoy the natural, year-round river breezes. This spacious property is lush with mature trees and shrubs and has two tropical rain gardens that support the natural ecosystem. The sizable backyard is a blank slate and is the perfect setting for yard games, fire pit, trailer/boat storage with room for one or more ADUs with opportunities for a pool, a place for your pets to run around or decorative fencing. A Clusia Rosea hedge was planted along the north and east sides of the property in Spring 2024. There is also the possibility of adding a private dock and boat lift just across the street with the included riparian rights (permits available through the City of Bradenton).The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $555,002. This single family residence is listed at about 162% of the average asking price. There are 10 3 bedroom/2 bath homes between $800,000 and $1,000,000 currently listed for sale in this Zip code. See other listings like this one »