$850,000
210 PATTERSON AVE, OSPREY, FL 34229
ActiveProperty details
About this home
Huge Opportunity – Three Homes – Motivated Seller! Outstanding opportunity to acquire three homes in one transaction in a rapidly developing Osprey area. The properties are located close to the proposed Margaritaville Resort, which is expected to become a major destination in the area and has been proposed to include ferry service providing access to Siesta Key. This location is already generating significant attention, with increasing interest in the surrounding area. All three homes are substantially completed, giving a buyer the opportunity to take over the project without starting from the ground up. The homes will require additional construction and finishing work, and a contractor will be needed to complete the remaining items necessary to obtain the required Certificates of Occupancy. For the right buyer, this creates an opportunity to complete all three properties and determine the best strategy moving forward. Finish and sell the homes individually, hold them as investment properties, use them as long-term rentals, or ptentially sell them off separately for what could be a large profit. Much of the heavy lifting has already been done, allowing an experienced investor, builder, or contractor to focus on completing the project and unlocking the potential value of the properties.
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Listings courtesy of Stellar MLS as distributed by MLS GRID. MLS #MFR804529320. Listing brokerage: REALTY ONE GROUP MVP. Status: Active.
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