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$540,000

1801 GULF DRIVE N UNIT 248, BRADENTON BEACH, FL 34217

3D Tour

Active13 days on market

Beds

Baths

Sq Ft

1,080 sq ft

Year Built

1978

Lot Size

10.81 acres

Garage

—

About This Property

Runaway Bay Unit 248 – Investor Opportunity with Waterfront View- SEE LIST OF IMPROVEMENTS! Welcome to Unit 248 at Runaway Bay, a desirable 2-bedroom, 2-bath condominium ideally positioned on the second level with relaxing canal waterfront views. This property is located in one of Bradenton Beach's most sought-after resort-style communities and offers excellent potential as a **short-term rental investment, vacation getaway, or personal beach retreat. Enjoy peaceful water views from your private living space while being directly across the street from the beach with deeded beach access. You'll also be conveniently close to local restaurants, shops, and area attractions, making this an ideal destination for vacationers. The spacious floor plan provides comfortable accommodations for guests and owners alike, creating strong appeal for those seeking rental income in a prime island location. Whether you're looking to generate vacation rental revenue or secure your own piece of paradise, Unit 248 offers the perfect combination of location, waterfront ambiance, and investment potential. Features: 2 Bedrooms | 2 Bathrooms Second-Floor Location Canal Waterfront Views Short-Term Rental Friendly Directly Across the Street from the Beach Deeded Beach Access Resort-Style Community Amenities Close to Restaurants, Shopping & Entertainment Excellent Investment or Vacation Property Opportunity Rental projections available upon request.

Property Overview

Property TypeResidential

Sub TypeCondominium

MLS #A4697381

StatusActive

Year Built1978

Stories1

Total Rooms6

ConstructionBlock, Stucco

RoofMembrane

FoundationSlab

FacesSouth

SubdivisionRUNAWAY BAY

CountyManatee

OwnershipCondominium

FurnishedFurnished

Interior Features

InteriorLiving Room/Dining Room Combo, Open Floorplan

FlooringCeramic Tile, Laminate

AppliancesDishwasher, Microwave, Range, Refrigerator, Washer

LaundryInside, Laundry Closet

CoolingCentral Air

HeatingElectric

Exterior & Lot

ExteriorGarden, Sidewalk, Sliding Doors, Storage

Lot Size10.81 acres (470,695 sq ft)

Road SurfacePaved

ViewWater

Waterfront

WaterfrontYes

FeaturesBay/Harbor Front, Canal Front

Utilities

WaterPublic

SewerPublic Sewer

UtilitiesBB/HS Internet Available, Public

Parking

GarageNo

HOA & Community

HOANo

Senior CommunityNo

Financial Details

List Price$540,000

Annual Taxes$3,141 (2025)

FinancingCash, Conventional

ZoningR3

Parcel #7693306008

Schools

ElementaryAnna Maria Elementary

MiddleMartha B. King Middle

HighManatee High

Directions

manatee or Cortez Road to Gulf Across from the beach you will find the entrance to Runaway Bay

Location

1801 GULF DRIVE N UNIT 248, BRADENTON BEACH, FL 34217

Listing Information

OfficeRE/MAX ALLIANCE GROUP

ListedJune 29, 2026

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Home Price

$540,000

Down Payment20% ($108,000)

Interest Rate6.75%

Loan Term

Principal & Interest$2,802

Property Tax (est.)$495

Insurance (est.)$150

Total Monthly$3,447

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Nearby Schools

Elementary School

Anna Maria Elementary

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Middle School

Martha B. King Middle

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High School

Manatee High

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How to Buy This Home

Multiple financing options available for this $540,000 home in BRADENTON BEACH.

🏦

Conventional

$27,000 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Manatee County SHIP

Varies

Income-qualifying Manatee residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: July 12, 2026.