$3,680,000 50 W Bay Street Osprey, FL

MLS: A4158305   Type: Land   County: Sarasota   City: Osprey   Neighborhood: Saunders V A Resub   Zip: 34229   Style: Residential     Taxes: $24,603

Mortgage $17,277 /mo



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Discover a once-in-a-lifetime opportunity to RESTORE, BUILD, or DEVELOP on 3.68 acres directly on Sarasota Bay in scenic, historic Osprey just south of The Oaks. Dating back to the late 1800's and known as one of the first properties to be settled, this sweeping site captures a true sense of Old Florida, while offering exciting new possibilities. The options include the creation of a dream principal estate compound to restore the existing homes or to build new. Alternatively, a buyer can opt to develop an enclave of homes, with approval in place to build on 13 individual lots with boat docks already permitted for each site, as well as 10 acres of submerged land on this astounding waterfront location. Osprey, positioned between the world-class destinations of Sarasota and Venice, is the best of both worlds with a small town feeling with tree-lined streets that end with glimpses of Sarasota Bay, and is minutes from vibrant shops, restaurants, arts and culture of downtown Sarasota. This remarkable waterfront property invites you to become the next chapter of its history.

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Price History

7/11/2016 Listed $3,995,000
6/9/2017 8% - $3,680,000

Additional Water Information Privately owned submerged lands 9.9 acres
Current Use Subdivision
For Lease Y/N No
MLS Area 34229 - Osprey
Pet Restrictions leash laws appy
Property SubType Residential
Property Type Land
Subdiv Community Name Not Applicable
Terms Cash, Conventional
Township 38
Zoning RSF3

Interior Features

Pets Allowed Yes
Utilities Electricity Available, Public, Sprinkler Well

Exterior Features

Front Footage 262
Lot Dimensions 564x283
Lot Features Corner Lot, Level/Flat, Oversized Lot, Street Dead-End
Lot Size Acres 3.68
Lot Size Square Feet 160358
View Water
Water Access Type Bay/Harbor
Water Access Y/N Yes
Water Body Name SARASOTA BAY
Water Extras Minimum Wake Zone
Water Extras Yn Yes
Water Frontage Feet Bay Harbor 290
Water View Bay/Harbor - Full
Water View Y/N Yes
Waterfront Features Bay/Harbor
Waterfront Feet Total 290
Waterfront Y/N Yes

Property Schools

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Gallery (15 photos)

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Property vs Zip Code Avg (34229)

Price 3.68M Avg 862K

Taxes $24,603 Avg $8,376

Acres 3.68 Avg 1.33

Visits 529 Avg 455

Days on Site 831 Avg 652

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Listing Provided Courtesy Of: Michael Saunders & Company

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Location & Address

Tampa Market Leaders
109 Harbor Village Ln
Apollo Beach, FL