(941) 773-9184 Ryan Hoffman
$1,150,000

210 Patterson Avenue Osprey, FL 34229 Residential - Single Family Active

  • 210 Patterson Avenue, Osprey, FL 34229 Main Photo

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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.

Property Highlights

Property Type: Residential - Single Family
Cooling: Wall/Window Unit(s)
Heating: Ductless
Lot Size: 0.41 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $1,115
Year Built: 1950

General Information

Bedrooms: 3
Bathrooms: 1 Full 1 Half
Sqft: 2,084
County: Sarasota
Subdivision: OGBURNS T B
Listed By:
Troy Funk REALTY ONE GROUP MVP 800-896-8790

Amenities

Other
Storage

Room Information

Primary Bedroom: 12x12
Bedroom 1: 10x10
Bedroom 3: 10x10
Living Room: 12x13
Kitchen: 9x10
Bathroom 1: 6x8

Property Features

Appliances: Range, Refrigerator
Directions: From US-41 in Osprey, head east on Bay St. Turn left onto Patterson Ave and continue to 210 Patterson Ave.
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Ceramic Tile, Laminate
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.41
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RSF3
$1,150,000
3beds
1.5baths
2,084sqft
New to the Market Active
BEDS3 BATHS1 full 1 partial SQUARE FEET2,084 MLS#A4704911
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONOGBURNS T B

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210 Patterson Avenue, Osprey, FL 34229.

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Estimated Payment

$ 4,307.09 per month $3,878.76 Principal & Interest $92.92 Property Tax $335.42 Homeowner's Insurance

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