Beds
—
Baths
0
Sq Ft
—
Year Built
—
Lot Size
22.00 acres
Garage
—
About This Property
Extraordinary bayfront land development opportunity in South Sarasota/Osprey. Approximately 22 contiguous acres (24 with vacated road) at the end of Sarabay Road creating the perfect gated waterfront community opportunity. Convenient access to US 41 andeasy access to I75. Approximately 600 feet on Little Sarasota Bay with existing dockage and boat slips as well as a boat launching well. Exceptional wide bay views complimented by extraordinary sunsets and exclusive Casey Key in the distance. Newer condominium community with marina capacity as well as marina development adjacent to the property. Current zoning would allow approximately 72 units based on estimated acreage. Future Land Use map is Moderate Density Residential (up to 5 dwelling units peracre) allowing approximately 120 units based on estimated acreage. A rare opportunity for development in market that is rapidly engaging. Price, terms and structure flexible depending on strength and credentials of purchaser.
Property Overview
Interior Features
Exterior & Lot
Waterfront
Utilities
Parking
HOA & Community
Financial Details
Schools
Directions
US 41 to Sarabay Road. West (Southwest on Sarabay Road)
Location
SARABAY ROAD, OSPREY, FL 34229
Listing Information
Schedule a Showing
How to Buy This Home
Multiple financing options available for this $8,250,000 home in OSPREY.
🏛️
FHA Loan
$288,750 Down
Government-backed, low down payment. Credit scores as low as 580.
🎖️
VA Loan
$0 Down
Zero down for eligible veterans, active duty, and military families.
🏦
Conventional
$412,500 Down
Traditional financing. As low as 3-5% down with good credit.
🌾
USDA Loan
$0 Down
Zero down for eligible rural areas. Income limits apply.
Florida Down Payment Assistance Programs
You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.
Florida Hometown Heroes
Up to $35,000
First-time buyers working in FL
FL Assist
Up to $10,000
FHA, VA, or USDA borrowers
FL HLP Second Mortgage
Up to $10,000
First-time buyers, 0% deferred
Sarasota County SHIP
Varies
Income-qualifying Sarasota residents
Can You Afford This Home?
Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.
Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: February 25, 2024.