Property Listing No Longer Available for Sale

785 N. Osprey Avenue, Sarasota, FL

Multi-family for Sale - $1,495,000 - 16,434 Sq. Ft.


Property Info

CIMLS#464252
Location
  785 N. Osprey Avenue
  Sarasota FL 34236
UpdatedJune 22nd, 2012
TypeMulti-family
Price$1,495,000
Building16,434 Sq. Ft.

Property Description

PARKSIDE EAST is currently owned by Pearl Partners, a consortium of investors who purchased the property in February 2006 from a trust when the original owner passed away. The previous owner had converted the units to condos in anticipation of selling

them individually. However, this concept was never executed.THE PROPERTY is 40,210 SF which is 0.92 acres containing one ?L? shaped 2-story concrete block building consisting of 23 units. There are twenty-two (22) 2 bedroom, 1 bath units with 697 SF and one (1) unit that is 2 bedrooms, 2 baths with 1,100 SF.

Location Description:

The proximity of the property to Gillespie Park and downtown Sarasota make this an attractive

property for buyers who are looking for convenience and location. The neighboring

park boasts walking trails, a small lake, is pet friendly and heavily forested. The park

also houses a local police office adding to the safety and security of the overall area. The

area itself is slowly changing as property values have made renovations and new construction

viable in the area, adding to the overall allure and attraction.

Highlights:

>> Beautiful Park Across Street

>> Walking Trails

>> Close to Downtown Sarasota

>> Updated 2011

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