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
Status
ACTIVE
Days on Market
1
MLS#
A4704911
Subtype
Residential
Style
One Story
Year Built
1950
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
2,084
Lot Size
17,748
Acres
0.41
Subdivision
Ogburns T B Add To Town Of Osprey
MLS Area Major
Osprey

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

Interior Features
Other
Exterior Features
Storage
Financing
Cash, Conventional
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RSF3
Appliances
Range, Refrigerator
Heating
Ductless
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block, Stucco
Exterior Features
Storage
Levels
One
Roof
Shingle
Foundation
Slab

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

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