$12,750,000
For Sale

4520 S BISCAYNE DRIVE

North Port, FL 34287
339090 sqft | 84 beds | 7.78 acres | #N6131984
Browse 100 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Welcome to a great opportunity to own the Luxury 28 Condominium Homes in the desirable city of North Port, Sarasota County. Infrastructure is already in place, including underground utilities for an additional 13 lots to be developed into an additional 78 condo units. See the attached plot site plan.SELLER FINANCING AVAILABLE (ask for terms).
Large community pool. NO HOA OR CDD. Situated in a vibrant and thriving community minutes away from Warm Mineral Springs, this property promises a lifestyle filled with abundant sunshine, natural beauty, and coastal charm. This complex benefits from its prime location, offering easy access to an array of amenities and attractions. These are the many upgrades and meticulous upkeeps of this spectacular complex. A new metal roof was installed on all units in 2022 . Public water and Public sewer. Luxury apartments with tenants already in place. Almost 8-acre limited-access complex with two entries. Living area: total under the roof: 1852 square feet; 3 bedrooms; 2 bathrooms. Fully enclosed structures with hurricane-resistant windows and doors (130 mph wind rating).All buildings on property have new metal roofs completed on 12-21-2022 with a 10-year installation warranty and a 25-year metal alliance warranty. Detached Single-car, oversized garage for parking and storage.Complete GE brand appliance package.
Raised panel cabinets.Granite countertops in kitchens and baths. All ceiling fans and lighting fixtures are included. Approximately 3600 square foot recreation/meeting building with a wet bar in the kitchen. Security system, with optional monitoring. 9.4 ceilings. Screened lanai. Covered/lighted entry. Stacked washer and dryer in the units.Crown molding. Colonial trim. Tankless water heater. 79 parking spaces and one car oversized garage each unit. Do not miss out on this exceptional opportunity to craft your dream investment in a prime location. Schedule a showing today and begin envisioning the endless possibilities offered by this remarkable property in Sarasota County! Discover the nearby pristine Gulf beaches, where you can bask in the sun, partake in water activities, or simply relish the tranquility of the ocean. Embark on nautical adventures from the conveniently located marinas, allowing you to explore the region's captivating waterways and nearby islands. Fishing enthusiasts will delight in the world-class fishing opportunities, while golf enthusiasts can indulge in a variety of renowned golf courses. North Port is known for its thriving shopping and dining scene, featuring a diverse range of retail centers, boutiques, and restaurants. Immerse yourself in the vibrant downtown area, boasting charming shops, art galleries, and entertainment venues. The city hosts numerous cultural events, festivals, and community gatherings throughout the year, ensuring there's always something exciting happening. Lose yourself in the beauty of Charlotte Harbor Preserve State Park, where scenic trails, wildlife sightings, and peaceful waterways await exploration. Myakka River State Park is another nearby gem, enchanting visitors with its stunning landscapes and diverse flora and fauna. Nature enthusiasts will find endless opportunities to connect with the outdoors just moments away from this property. North Port also boasts excellent educational institutions and reliable medical facilities. Schedule a showing today and begin envisioning the endless possibilities offered by this remarkable property!

  • Interior Details
      • InteriorCathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceilings, Thermostat
    • Beds & Baths
      • Bedrooms84
  • Property Details
      • Exterior MaterialsBalcony, Irrigation System, Lighting, Rain Gutters, Sidewalk, Storage
    • Measurements
      • Square Feet339090
      • Acres7.78
    • Parking
      • Parking Spaces28
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built2008
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesCable Connected, Electricity Connected, Public, Sewer Connected, Street Lights
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionPORT CHARLOTTE SUB 43
    • Location
      • CountySarasota
  • Financial Details
      • Original List Price$15,000,000
      • Taxes Annual$99,908
      • Days on Market (Cumulative)230
  • Other
      • MLS #N6131984

Location

Stephanie LeFew | Keys to Castles GroupReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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