210 PATTERSON AVE Osprey, FL 34229
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,084 sqft
Price per Sqft $551
Subdivision Ogburns T B Add
MLS Listing ID A4704911
Bedrooms 3
Full Baths 1
Half Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1950
Annual Tax Amount $1,115
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
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.
Location
State FL
County Sarasota
Community Ogburns T B Add
Area 34229 - Osprey
Zoning RSF3
Interior
Interior Features Other
Heating Ductless
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile, Laminate
Furnishings Unfurnished
Fireplace false
Appliance Range, Refrigerator
Laundry Other
Exterior
Exterior Feature Storage
Utilities Available Public
View Y/N No
Water Access No
Roof Type Shingle
Exposure West
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Fixer
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Schools and Properties Nearby
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