210 Patterson Avenue, Osprey/Nokomis, FL 34229

$1,150,000
3
BD
2
BA
2,084
SqFt

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List Price
$1,150,000
MLS#
A4704911
Bedrooms
3
Bathrooms
2
Baths Half
1
Sq. Ft
2,084
Lot Size
17,748
Subtype
Single Family
County
Sarasota
Community
No Deed Restriction
Subdivision
Ogburns T B Add To Town Of Osprey
Region
Osprey
Year Built
1950

Property Description

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.

Additional Information

Heating
Ductless
Cooling
Wall/Window Unit(s)
Roof
Shingle
Sewer
Public Sewer
Exterior Features
Storage
Construction
Block, Stucco
Living Area
2,084

Listing courtesy of REALTY ONE GROUP MVP. Contact: 800-896-8790

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