• Listing status icon

    $3,680,000

  • Active | MLS#: A4158305
  • 3.68Acre

50 W BAY ST OSPREY, FL 34229

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Overview

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.

Listing provided courtesy of: Michael Saunders & Company

General Features

  • Property Style Residential Development
  • Township 38
  • Taxes 28638
  • Tax Year 2016
  • MLS Area Major Osprey
  • Current Adjacent Use Multi-Family, Residential
  • Financing Available Cash, Conventional
  • County Or Parish Sarasota

Building Features

  • Pets Allowed 1
  • Pet Restrictions leash laws appy

Property Features

  • Total Acreage Two + to Five Acres
  • Road Frontage Ft 262
  • Lot Size Sq Ft 160358
  • Lot Size Acres 3.68
  • Lot # 1-10
  • Lot Dimensions 564x283
  • Location Corner Lot/Unit, Level, Lot - Oversized, Street Dead-End
  • Front Footage 262
  • Waterfront Feet 290
  • Water View Bay/Harbor - Full
  • Water Name SARASOTA BAY
  • Water Frontage Bay/Harbor
  • Water Access Bay/Harbor
  • Utilities Electric Avail on Site, Public Utilities, Public Water, Sprinkler Well

Schools

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Price & Status History

Days on Market

  • This property has been listed on the market for 500 days

Location

The property map location is: Accurate, based on Google's address match.

Walk Score

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Home Valuation

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Community Demographics for Zip Code 34229 (OSPREY)

Housing Occupancy
  • Home Owners: 3,469 (69%)
  • Renters: 456 (9%)
  • Vacant: 1,100 (22%)
  • Total Housing Units: 5,025
Households
  • Average Household Size: 2.15
  • Housing Density (People per square mile): 1,408
Age Range (number of people)
  • Age 0-14: 966
  • Age 15-24: 703
  • Age 25-39: 1,152
  • Age 40-59: 1,703
  • Age 60-79: 2,350
  • Age 80+: 1,573
  • Total: 8,447

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 34229 (OSPREY)

Public Schools in Zip Code 34229 (OSPREY)

* This list of schools may not match the property above.

PINE VIEW SCHOOL 1 PYTHON PATH OSPREY, FL 34229 Phone: 9414862001 K-12th
Grade Size Distribution
  • 2nd: 80
  • 3rd: 143
  • 4th: 166
  • 5th: 174
  • 6th: 286
  • 7th: 265
  • 8th: 266
  • 9th: 182
  • 10th: 193
  • 11th: 185
  • 12th: 175
School Population
  • Teachers: 122
  • Students per Teacher: 17.3
  • Students: 2115
  • Male/Female: 924/1078
School District
  • SARASOTA
  • 1960 LANDINGS BLVD SARASOTA, FL 34231
  • Phone: 9419279000
District Population
  • Schools: 67
  • Full-Time Teachers: 2683
  • Students per Teacher: 15.3
  • Staff: 5408
  • Students: 41070

* School data provided by US Department of Education


Listing information provided in part by the IDX Program of My Florida Regional MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 11/24/2017 5:22 PM PST.

Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.



* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional