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NEW PRICE !! Seller motivated Bring Offers!! BLACKBURN BAY- 19 Condo's in Osprey, Florida -This Project Offers Investors the Opportunity to Invest in a Luxury Rental Project, in one of the Best Locations in Sarasota County, Close to Casey Key, Siesta Key Beaches, Venice Beach & Nokomis Beach! The Project can be Sold as Individual Condo Units or Run as a Lucrative Rental Business! The Additional Acreage ia also Included in the Deal! In the Sale Scenario, Developers will have the Potential to Realize a 20-30% Plus Return on Investment! Should they Decide to Keep as a Rental, Annual Cash on Cash Return 6-10% + Range or Higher if they Manage the Property Themselves. The Property Currently has (16) 2-Bedroom, 2-Bath Units, (1) 3-Bedroom, 2-Bath and (2) 3-Bedroom, 3-Bath Units + 25 Garages! Complex Includes: Club House that Offers a Full Kitchen / Baths / Workout Room & Sauna, Swimming Pool & Hot Tub/Spa, Tennis Courts and Elevators too! Complex has a Variety of Spectacular Views!
DAYS ON MARKET | 339 | LAST UPDATED | 6/27/2022 |
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TRACT | BLACKBURN BAY | YEAR BUILT | 1983 |
COMMUNITY | 34229 - Osprey | COUNTY | Sarasota |
STATUS | Sold | PROPERTY TYPE(S) | Commercial |
PRICE HISTORY | |
Prior to Sep 5, '21 | $4,900,000 |
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Sep 5, '21 - Today | $4,800,000 |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | 34229 - Osprey |
CONSTRUCTION | Block, Concrete, Stucco |
GARAGE | 19 to 30 Spaces, Garage |
HEAT | Central |
LOT | 3.15 acre(s) |
LOT DESCRIPTION | Cul-de-sac, Waterfront, WaterFront - Bay/Harbor |
STORIES | 3+ |
STYLE | Multi-Family |
SUBDIVISION | BLACKBURN BAY |
TAXES | $2287.64 |
UTILITIES | BB/HS Internet Capable,Electricity Available,Public,Water Connected |
VIEW | Yes |
VIEW DESCRIPTION | Bay/Harbor - Partial,Creek |
WATERFRONT | Yes |
WATERFRONT DESCRIPTION | Bay/Harbor |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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