Description
BLACKBURN BAY- 19 Condo's in Osprey, Florida -This Project Offers Investors the Opportunity to Invest in a Luxury Rental Project, in one of the Best Locations in Sarasota County, Close to Casey Key, Siesta Key Beaches, Venice Beach & Nokomis Beach! The Project can be Sold as Individual Condo Units or Run as a Lucrative Rental Business! There is Also the Possibility to Build an Additional Group of New Condo's on the Additional Acreage! In the Sale Scenario, Developers will have the Potential to Realize a 20-30% Plus Return on Investment! Should they Decide to Keep as a Rental, Annual Cash on Cash Return 6-10% + Range or Higher if they Manage the Property Themselves. The Property Currently has (16) 2-Bedroom, 2-Bath Units, (1) 3-Bedroom, 2-Bath and (2) 3-Bedroom, 3-Bath Units + 25 Garages! Complex Includes: Club House that Offers a Full Kitchen / Baths / Workout Room & Sauna, Swimming Pool & Hot Tub/Spa, Tennis Courts and Elevators too! Complex has a Variety of Spectacular Views!
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0BEDS
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5.3ACRES
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0BATHS
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01/2 BATHS
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24,429SQFT
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$201$/SQFT
School Ratings & Info
Description
BLACKBURN BAY- 19 Condo's in Osprey, Florida -This Project Offers Investors the Opportunity to Invest in a Luxury Rental Project, in one of the Best Locations in Sarasota County, Close to Casey Key, Siesta Key Beaches, Venice Beach & Nokomis Beach! The Project can be Sold as Individual Condo Units or Run as a Lucrative Rental Business! There is Also the Possibility to Build an Additional Group of New Condo's on the Additional Acreage! In the Sale Scenario, Developers will have the Potential to Realize a 20-30% Plus Return on Investment! Should they Decide to Keep as a Rental, Annual Cash on Cash Return 6-10% + Range or Higher if they Manage the Property Themselves. The Property Currently has (16) 2-Bedroom, 2-Bath Units, (1) 3-Bedroom, 2-Bath and (2) 3-Bedroom, 3-Bath Units + 25 Garages! Complex Includes: Club House that Offers a Full Kitchen / Baths / Workout Room & Sauna, Swimming Pool & Hot Tub/Spa, Tennis Courts and Elevators too! Complex has a Variety of Spectacular Views!
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