Address
4520 S Biscayne DRIVE, NORTH PORT, FL
Price
$ 15,000,000
Property Attributes
  • MLS#N6131984
  • TypeIncome
  • CountySARASOTA
  • CityNORTH PORT
  • AreaNorth Port-Venice
  • NeighborhoodPort Charlotte Sub 43
  • Zip34287
  • StyleMulti Family
  • Year Built2008
  • Taxes$ 99908
  • Price$ 15,000,000
  • Bedrooms84
  • Full Bathrooms56
  • Half Bathrooms0
  • Sqr Footage42140
  • Lot Size7.78 Acres
Data Source:
Stellar MLS
Property 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. 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 per 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 aficionados 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, reliable medical facilities. Schedule a showing today and begin envisioning the endless possibilities offered by this remarkable property!

Price History
3/27/2024 Listed $15,000,000

General Features

Interior Features Cathedral Ceiling(s),Ceiling Fan(s),Crown Molding,High Ceilings,Thermostat
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Connected,Electricity Connected,Public,Sewer Connected,Street Lights
Roof Shingle
Exterior Features Balcony,Irrigation System,Lighting,Rain Gutters,Sidewalk,Storage
Zoning RMF
Garage Spaces 28
Pool Features In Ground
Construction Materials Block,Stucco
Year Built 2008
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
County Sarasota
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Attached Garage No
Subdivision Name PORT CHARLOTTE SUB 43
Garage Y/N Yes
Status Active
Directions From I-75,exit 182 Sumter Blvd. Head south on Sumter Blvd. Turn right and head west on Price Blvd. Turn left and head south on Glenallen St. Turn left and head south on S Biscayne Dr. I-75 south,Riv
City NORTH PORT
Buyer Agent Compensation 1.75%
Senior Community Y/N No
Total Units 28
MLS Area 34287 - North Port/Venice
Lot Size Square Feet 339090
Private Pool Yes
Waterfront Y/N No
Carport Y/N No
Street Name Biscayne
Listing Terms Cash,Conventional
Tax Annual Amount 99908
Public Remarks 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 ad
Virtual Tour https://cmsphotography.hd.pics/4520-S-Biscayne-Dr/idx
Days on Market 6
Standard Status Active
Tax Lot 1
Legal Description LOT 1,2,3,4,5,6 & 7,LESS S 39.35 FT OF LOT 7,TOGETHER WITH VACATED 30 FT DRAINAGE R/W BETWEEN LOTS 3 & 4,BLK 29,PORT CHARLOTTE SUB
Water Access Y/N No
Water View Y/N No

Interior Features

Flooring Carpet,Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix DRIVE
Laundry Features Inside
Total Bedrooms 84
LivingAreaSource Public Records
Total Baths 56
Living Area Units Square Feet

Exterior Features

Parking Features Driveway,Garage Door Opener,Guest
Water Source Public
Lot Size Area 7.7844
Foundation Details Slab
Number of Buildings 7
Building Area Total 339090
Lot Size Acres 7.78
Road Surface Type Asphalt,Paved
Lot Size Units Acres
Covered Spaces 28
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 34287

Price
AVG $7.66M
$15M
Taxes
AVG $51,200
$99,908
Visits
AVG 670
709
Data Provided by Inside Real Estate®
Year Built
AVG 1994
2008