Multi-Family Site in Osprey, FL

Vacant Land for Sale
Catylist Listing ID: 30042401
Property Subtypes: Multi-Family
Gross Land Area: 8.17 Acres
Sale Price: $7,700,000
Unit Price: $942,472 Per Acre
Sale Terms: Cash to Seller
Last Updated: 9/27/2021

Overview / Comments

This PUD zoned multi-family location is amazing and features a graded site with the stormwater management system already in place. All offsite work (road widening down Bay St., curbs, gutters and sidewalks) has been completed leaving a beautiful 8 acre track that can easily be developed. All the time, money, energy and brain damage that goes into the horizontal engineering is done. The site offers 251 residential units that can built.

And there are huge benefits to this location. Bay Street is designed as a Lifestyle center, that can provide Breakfast, Lunch and Dinner or enjoy the Day Spa and then buy some clothes or get your teeth cleaned. All this while being directly across the street from the water and minutes from Venice, Sarasota and so much more. This is absolutely one of the areas premiere multifamily sites!

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Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0147020004, 0147020008, a portion of 0147020005
Zoning: PUD
Property Located Between: Located on Bay Street off Tamiami Trail, next to beautiful Bay St. Village
Property Visibility: Excellent
Largest Nearby Street: Tamiami Trail
Traffic/Vehicle Count: 41,000
Highway Access: US-41
Airports: SRQ
Site Description: Classic Florida Hotel Site

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,372 27,157 58,225
Median Age: 56.91 59.98 58.95
Households: 2,464 13,554 29,787
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