Description of 50 W BAY STREET, OSPREY, FL 34229
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.
Directions to 50 W BAY STREET, OSPREY, FL 34229
Tamiami Trail - West on Webb - Left on Pine - Right on Bay
Features of 50 W BAY STREET, OSPREY, FL 34229
- Corner lot
- Frontage: 262
- Lot acreage is: 3.68
- Lot dimension is: 564x283
- Lot has water view
- Lot zoned: RSF3
- Present use: Subdivision
- Subdivision: SAUNDERS V A RESUB
- Waterfront lot
- Pets allowed
- Tax year: 2017
Mortgage Payments for 50 W BAY STREET, OSPREY, FL 34229
The approximate monthly Principal & Interest payment for this property would be $18,910. This payment is based on a 30-year loan at a fixed rate of 4.54 % with a down payment of $368,000. Actual lender interest rates and loan programs may vary.
Use our Mortgage Payment Calculator to determine a more exact payment estimate.