This Multifamily Property is Off-Market.

785 N. Osprey Avenue
Sarasota, FL 34236 ·

23 Units · Multifamily For Sale

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Parkside East

Price N/A Property Sub-type Garden/Low-Rise
No. Units 23 Property Use Type Investment
Building Size 16,434 SF Year Built 1975
Property Type Multifamily Lot Size 0.92 AC
Listing ID: 17229676 Date Created: 07/01/2011 Last Updated: 11/08/2012

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 sellingthem 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.

The proximity of the property to Gillespie Park and downtown Sarasota make this an attractiveproperty for buyers who are looking for convenience and location. The neighboringpark boasts walking trails, a small lake, is pet friendly and heavily forested. The parkalso houses a local police office adding to the safety and security of the overall area. Thearea itself is slowly changing as property values have made renovations and new constructionviable in the area, adding to the overall allure and attraction.

Highlights

  • Beautiful Park Across Street
  • Walking Trails
  • Close to Downtown Sarasota
  • Updated 2011

Research

785 N. Osprey Avenue, Sarasota, FL 34236 (Sarasota County)

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