4623 3RD AVENUE E
About This Property
What truly sets this property apart is its elevation: one of the very few waterfront parcels in the area that is not located in a flood zone - providing peace of mind without compromising your waterfront lifestyle.
Tucked away on a quiet cul-de-sac, this homesite delivers the best of Florida living. Enjoy magnificent water views from sunrise to sunset, with breathtaking evening skies reflecting across the canals year-round. Whether you're sipping your morning coffee by the water or entertaining guests as the sun dips below the horizon, every day feels like a retreat.
For boating enthusiasts, this property offers direct access to the Manatee River and the open waters of the Gulf of Mexico - no bridges, no barriers, just effortless navigation to world-class fishing, waterfront dining, and endless Gulf adventures.
Freedom is another luxury here:
No HOA. No deed restrictions. Build the home you envision without unnecessary limitations.
Perfectly positioned for convenience, you're just a short drive from the vibrant cultural scene of Sarasota, the waterfront energy of St. Petersburg, and the metropolitan attractions of Tampa - all easily accessible via three major nearby airports. Indulge in world-class shopping, award-winning beaches, championship golf, and an array of fine dining destinations just minutes away.
This is more than a lot - it's a canvas for your dream waterfront estate in one of Florida's most desirable coastal communities.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2026 | Listed by FLORIDA HOMES REALTY & MORTGAGE GVILLE | $450,000 | |
| Listed by FLORIDA HOMES REALTY & MORTGAGE GVILLE | |||
| Jul 1, 2022 | No longer available | - | |
| No longer available | |||
| Jun 29, 2022 | Listed by IMPACT REALTY TAMPA BAY | $590,000 | |
| Listed by IMPACT REALTY TAMPA BAY | |||
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Waterfront Lot is located on a cul de sac in Riverdale Rev. This lot is unique in that it has unrestricted access to the main water canal of the Manatee River. This unique 0.26-acre parcel is on a saltwater canal with direct access to the Manatee River, with no bridges. Located in a quiet neighborhood and featuring 149' of waterfront x 180' x 125' x 106' x 33', this lot offers great views of the river and an easy commute to downtown Bradenton and Tampa. Come build your dream home here. No association fees! With only a few lots available in this area, you can't afford to miss these opportunities as they will not last long.
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| Oct 7, 2021 | Sold | ||
| Sold | |||
| Oct 17, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017