Price Reduction - Water Front
50 W BAY ST Osprey, FL
$ 3,680,000
Property Attributes
  • MLS#A4158305
  • TypeLand
  • CountySARASOTA
  • CityOsprey
  • AreaOsprey
  • NeighborhoodSaunders V A Resub
  • Zip34229
  • StyleResidential Development
  • Taxes28638
  • Price$ 3,680,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.68 Acres
Listing Provided Courtesy Of:
Michael Saunders & Company
Property Description

Discover a once-in-a-lifetime opportunity to RESTORE, BUILD, or DEVELOP on 3.68 acres directly on Sarasota Bay in scenic, historic Osprey just south of The Oaks. Dating back to the late 1800's and known as one of the first properties to be settled, this sweeping site captures a true sense of Old Florida, while offering exciting new possibilities. The options include the creation of a dream principal estate compound to restore the existing homes or to build new. Alternatively, a buyer can opt to develop an enclave of homes, with approval in place to build on 13 individual lots with boat docks already permitted for each site, as well as 10 acres of submerged land on this astounding waterfront location. Osprey, positioned between the world-class destinations of Sarasota and Venice, is the best of both worlds with a small town feeling with tree-lined streets that end with glimpses of Sarasota Bay, and is minutes from vibrant shops, restaurants, arts and culture of downtown Sarasota. This remarkable waterfront property invites you to become the next chapter of its history.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
7/11/2016 Listed $3,995,000
6/9/2017 8% - $3,680,000

General Features

Financing Available Cash, Conventional
Hoa Common Assn None
Legal Subdivision Name SAUNDERS V A RESUB
Location Corner Lot/Unit, Level, Lot - Oversized, Street Dead-End
Lot Number 1-10
MLS Area Osprey
Pet Restrictions leash laws appy
Special Sale None
Taxes 28638
Utilities Electric Avail on Site, Public Utilities, Public Water, Sprinkler Well
Water Access Y/N Yes
Zoning RSF3

Interior Features

Pets Allowed Yes

Exterior Features

Front Footage 262
Lot Dimensions 564x283
Lot Sq Ft 160358
Property Style Residential Development
Road Frontage Ft 262
Water Access Type Bay/Harbor
Water Extras Minimum Wake Zone
Water Extras Yn Yes
Water Frontage Bay/Harbor
Water Frontage Yn Yes
Water View Bay/Harbor - Full
Water View Yn Yes
Waterfront Feet 290


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 34229

AVG $940K
AVG $8,714
AVG 245

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