2090 S TAMIAMI TRAIL #504 Osprey, FL
$ 4,900,000
Property Attributes
  • MLS#A4482495
  • TypeBusiness Op
  • CountySARASOTA
  • CityOsprey
  • AreaOsprey
  • NeighborhoodBlackburn Bay
  • Zip34229
  • StyleMulti-Family
  • Year Built1983
  • Taxes$ 2287
  • Price$ 4,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage24429
  • Lot Size5.3 Acres
Listing Provided Courtesy Of:
Data Source:
Stellar MLS
Property Description

BLACKBURN BAY- 19 Condo's in Osprey, Florida -This Project Offers Investors the Opportunity to Invest in a Luxury Rental Project, in one of the Best Locations in Sarasota County, Close to Casey Key, Siesta Key Beaches, Venice Beach & Nokomis Beach! The Project can be Sold as Individual Condo Units or Run as a Lucrative Rental Business! The Additional Acreage ia also Included in the Deal! In the Sale Scenario, Developers will have the Potential to Realize a 20-30% Plus Return on Investment! Should they Decide to Keep as a Rental, Annual Cash on Cash Return 6-10% + Range or Higher if they Manage the Property Themselves. The Property Currently has (16) 2-Bedroom, 2-Bath Units, (1) 3-Bedroom, 2-Bath and (2) 3-Bedroom, 3-Bath Units + 25 Garages! Complex Includes: Club House that Offers a Full Kitchen / Baths / Workout Room & Sauna, Swimming Pool & Hot Tub/Spa, Tennis Courts and Elevators too! Complex has a Variety of Spectacular Views!

Price History
3/15/2021 Listed $4,900,000

General Features

Additional Parcels Y/N Yes
Building Features Elevator
Business Type Residential
Complex Development Name Blackburn Bay
Condo Environment Yn Yes
Construction Materials Block, Concrete, Stucco
Cooling Central Air
Flooring Carpet, Ceramic Tile
Heating Central
Levels Three Or More
MLS Area 34229 - Osprey
Other Structures Garage(s)
Parking Features 19 to 30 Spaces
Property SubType Multi-Family
Property Type Business Opportunity
Roof Membrane, Tile
Security Features Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
Sewer Public Sewer
Special Listing Conditions None
Status Active
Subdivision Name BLACKBURN BAY
Terms Cash, Other
Total Num Buildings 2
Total Units 19
Township 38
Unit Number 504
Utilities BB/HS Internet Capable, Electricity Available, Public, Water Connected
Waterfront Features Bay/Harbor
Year Built 1983
Zoning RMF3

Interior Features

Living Area 24429.00

Exterior Features

Building Area Total 39582.00
Foundation Details Slab
Lot Features Cul-De-Sac, Waterfront
Lot Size Acres 5.30
Lot Size Square Feet 137214
Number of Lots 20
Road Frontage Type State Road
Vegetation Mature Landscaping, Trees/Landscaped
Water Frontage Feet Bay Harbor 430
Water View Bay/Harbor - Partial, Creek
Water View Y/N Yes
Waterfront Feet Total 430
Waterfront Y/N Yes


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • 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 $4.9M
AVG $2,287
AVG 196
Year Built
AVG 1983