The Neighborhood Report – Riverdale

Pictured: 4519 Shark Drive.

A great community located off SR-64, Riverdale offers a great mix of homes, which were mostly built in the 1980s through 2006 and ranging in size from 1,100 square feet to over 6,000 square feet. Many of these residences are located on canals leading to the Manatee River through a boat lock. For boaters, this is an easy access point to the river and on to the Gulf of Mexico.

Market Activity – Riverdale

There are currently 13 properties for sale in the Riverdale subdivision ranging in price from $189,900 to $1,099,900. The available homes also vary in size from 1,434 square feet and up to 6,205 square feet. Since all the homes are not set on the water, the price per square foot ranges from $120.63 per square foot to $228.10 per square foot.

In the past 60 days, there have been seven homes that have sold in Riverdale ranging in price from $81,055 to $525,000 and in square feet from 1,092 square feet to 3,470 square feet—with a price per square foot of $74.23 to $163.50. The average sold price for the past 60 days is $320,671.

Cindy Pierro of Michael Saunders & Company’s Bradenton office recently sold a property for $385,000. Cindy Pierro was the listing agent of this 2,904-square-foot home that boasted not only a pool and spa, but was situated on a saltwater canal with a 10,000lb boat lift and walk-around dock. Other features included stainless appliances, spacious floor plan and three-car garage.

Why Choose Riverdale?

If you are a boater or love activities on the water, this community is a dream. Saltwater and freshwater canals lead to great fishing and water activities. The diverse homes in the community are available in many price ranges, and the proximity to I-75 is an added feature. The location allows you to be in Sarasota or Tampa in just a matter of minutes.

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