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2090 S TAMIAMI TRL #504 Osprey, FL 34229
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Key Details
Sold Price $4,710,000
Property Type Commercial
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 24,429 sqft
Price per Sqft $192
Subdivision Blackburn Bay
MLS Listing ID A4482495
Sold Date 11/02/21
Construction Status Inspections
HOA Y/N No
Year Built 1983
Annual Tax Amount $2,287
Lot Size 5.300 Acres
Acres 5.3
Property Description
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!
Location
State FL
County Sarasota
Community Blackburn Bay
Zoning RMF3
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile
Exterior
Parking Features Parking Spaces - 19 to 30
Utilities Available BB/HS Internet Capable, Electricity Available, Public, Water Connected
Waterfront Description Bay/Harbor
View Y/N 1
Roof Type Membrane,Tile
Building
Lot Description Cul-De-Sac, Waterfront
Story 6
Entry Level Three Or More
Foundation Slab
Lot Size Range 5 to less than 10
Sewer Public Sewer
Structure Type Block,Concrete,Stucco
New Construction false
Construction Status Inspections
Others
Ownership Condominium
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition None
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Bought with COLDWELL BANKER REALTY
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095