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Gelfand Realty Miami Properties - Multi Family

HIDDEN BAY, OSPREY, FL 34229

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Multi Family -

HIDDEN BAY, OSPREY, FL 34229

Sold Price$1,612,500 Asking Price$1,775,000

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  • Days on market:

    124 day(s)
  • Original Price:

    $1,775,000
  • Tax Legal Description:

    DEVELOPMENT PARCEL 1 AS DESC IN ORI 2006205427, SARABAY ACRES, CONTAINING 2.1 C-AC M/L
  • Tax Year:

    2014
  • Property Type:

    Multi Family
  • Parking:

    Common
  • Waterfront:

    Yes
  • Waterfront Description:

    Bay/Harbor Intracoastal Waterway
  • View:

    Water
  • Special Listing Conditions:

    None
  • Lot Features:

    Oversized Lot Out Parcel Neighbourhood

Description

$1,775,000 • waterfront access

At hidden bay, an already existing gated waterfront community; this is an incredible opportunity to build 54 waterfront condominiums! this expansion project in hidden bay has been entitled to build 54 units - most of the units will have full bay views. this sale will include 2 parcels (tax id#0147-06-0007 & tax id#0147-06-0008). these will be additions to the already gated, waterfront community at hidden bay which currently consists of seven condominium buildings. the development has all infrastructure in place: water, sewer, all public utilities, already existing club house (saving the developer $$100k++). this gated waterfront community boasts an incredible 500-yard walking dock to a fishing pier overlooking the intracoastal waterway on little sarasota bay. take advantage of the existing upscale clubhouse with full kitchen, library, dining, conference area, heated pool, spa, bbq area and tennis courts. these projected additions to hidden bay were determined by a study conducted by owner into sarasota county zoning and density requirements. listing agent makes no representations with respect thereto. during "due diligence" purchaser will need to verify these projections with sarasota county and other governmental agencies as to height and zoning restrictions, impact fees, other costs and requirements. owner may consider short term financing, but will not subordinate.

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