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$950,000

3 Beds 1 / 1 Full / Half Baths 2,084 SQFT 0.41 Acres
Type: Single Family

210 PATTERSON AVENUE
OSPREY, FL 34229

MLS#: A4704911
Jeff Lundquist
Jeff Lundquist
The Real Estate Advantage
Phone: 612.598.2415
Office: 320.264.9240
Presented by: REALTY ONE GROUP MVP with 800-896-8790. - 800-896-8790

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.


 

Interior Features

Bedrooms

Total Bedrooms3

Bathrooms

Half Baths1
Total Baths2

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCeramic Tile, Laminate
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesOther
Laundry FeaturesOther

General

Additional Parcels Description0143100039, 0143100041
Additional Parcels Y/NYes
AppliancesRange, Refrigerator
Building Area Units0 sqft
Carport Y/NNo
CityOSPREY
Construction MaterialsBlock, Stucco
CoolingWall/Window Unit(s)
CountySarasota
DirectionsFrom US-41 in Osprey, head east on Bay St. Turn left onto Patterson Ave and continue to 210 Patterson Ave.
Facing DirectionWest
Flood Zone CodeX
Flood Zone Code XY
Full Baths1
Garage Y/NNo
HeatingWall Units / Window Unit
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionLOTS 148 149 & 150 OGBURNS T B ADD TO TOWN OF OSPREY
LevelsOne
Listing TermsCash, Conventional
Living Area Units0 sqft
Lot Size Square Feet17,748 sqft
Lot Size UnitsSquare Feet
MLS Area34229 - Osprey
Minimum Lease1 Week
New ConstructionNo
Occupancy TypeVacant
OwnershipFee Simple
Property ConditionFixer
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameOGBURNS T B ADD
Tax Annual Amount$1,115
Tax Lot148
Tax Year2025
Total Rooms6
UtilitiesPublic
Water Access Y/NNo
Water View Y/NNo
Year Built1950
ZoningRSF3

Exterior

Building Area Total2,084 sqft
Exterior AmenitiesStorage
Foundation DetailsSlab
Lot Size Acres0.41
Lot Size Area17,748 sqft
Number of Lots3
Private PoolNo
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$950,000

3 Beds 1 / 1 Full / Half Baths 2,084 SQFT 0.41 Acres
Type: Single Family

210 PATTERSON AVENUE
OSPREY, FL 34229

MLS#: A4704911
Jeff Lundquist
Jeff Lundquist
The Real Estate Advantage
Phone: 612.598.2415
Office: 320.264.9240