50 W Bay St

$3,680,000, 7 Beds 7 Baths 6,659 Sqft 3.68 Acres

About This Property

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.

Essential Information

MLS® #A4191996
Price$3,680,000
Bedrooms7
Bathrooms7.00
Full Baths7
Square Footage6,659
Acres3.68
Year Built1917
TypeResidential
Sub-TypeSingle Family Home
StatusActive

Community Information

Address50 W Bay St
AreaOsprey
SubdivisionSaunders V A Resub
CityOsprey
CountySarasota County
StateFL
Zip Code34229

Amenities

GaragesNone
Is WaterfrontYes
WaterfrontBay/Harbor
Has PoolYes
PoolInside, Heated Spa

Utilities

Electric, Public Utilities, Sprinkler Well

View

Level, Lot - Oversized, Street Dead-End, Street Paved, Corner Lot, Flood Zone

Interior

Interior FeaturesWasher/Dryer Hookup
AppliancesNone
HeatingCentral
CoolingCentral
FireplaceYes
StoriesTwo Story

Fireplaces

Wood Burning Fireplace, Family Room

Exterior

ExteriorBlock
Lot DescriptionTwo + to Five Acres
RoofMetal
FoundationSlab

Exterior Features

Fenced, Mature Landscaping, Sliding Doors, Trees/Landscaped, Barn, Detached In-Law Apt, Fruit Trees

Additional Information

Days on Market126
ZoningRSF3

Listing Details

OfficeMichael Saunders & Company

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Listing data comes from My Florida Regional MLS.

Listing information last updated on December 18th, 2017 at 3:34pm EST.

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