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Property
Beds
3
Full Baths
1
1/2 Baths
1
Year Built
1950
Sq.Footage
2,084
Huge Opportunity – Three Homes – Motivated Seller! Outstanding opportunity to acquire three homes in one transaction in a rapidly developing Osprey area. The properties are located close to the proposed Margaritaville Resort, which is expected to become a major destination in the area and has been proposed to include ferry service providing access to Siesta Key. This location is already generating significant attention, with increasing interest in the surrounding area. All three homes are substantially completed, giving a buyer the opportunity to take over the project without starting from the ground up. The homes will require additional construction and finishing work, and a contractor will be needed to complete the remaining items necessary to obtain the required Certificates of Occupancy. For the right buyer, this creates an opportunity to complete all three properties and determine the best strategy moving forward. Finish and sell the homes individually, hold them as investment properties, use them as long-term rentals, or ptentially sell them off separately for what could be a large profit. Much of the heavy lifting has already been done, allowing an experienced investor, builder, or contractor to focus on completing the project and unlocking the potential value of the properties.
Features & Amenities
Interior
-
Other Interior Features
Other
-
Total Bedrooms
3
-
Bathrooms
1
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Ductless
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Stucco
-
Other Exterior Features
Storage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.41
-
Lot Size(square feet)
17,748
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$1,150,000
-
Tax Amount
$1,115
-
Sq. Footage
2,084
-
Price/SqFt
$551
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
148
-
Water Source
Public
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Location
County
Sarasota
Elementary School
Middle School
High School
Listing Courtesy of Troy Funk, REALTY ONE GROUP MVP
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Business Coach | Executive Sales Associate | Realtor®
Michael Graf
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