Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    480 Blackburn Point Rd Osprey, FL 34229

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $299,000

    Boat slip with amenities, Intercoastal access, and owner financing.

    Lot size:
    0.32 Acres

    Property Features for 480 Blackburn Point Rd

    General Information

    Standard status
    Active
    Lot size
    0.32 Acres

    Building Details

    Year built
    2006

    We can help!

    Listing Contact
    Mariah Yoskowitz
    Source: Exitrealty

    Listing Agency: YORKSHIRE INTERNATIONAL R.E. Listing Agent: Mariah Yoskowitz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Covered Boat Slip Near Gulf

    This covered boat slip is located in a well-known marina near Bellagio, Blackburn Point, and Casey Key. Situated on the Intercoastal Waterway, it provides quick access to the Gulf of Mexico. The marina offers fuel and pump-out services, along with an on-site bait shop that also sells sandwiches, soft drinks, and beer. The dock includes access to electricity and water. The location is near a gas station, Publix, CVS, Dollar Tree, and ACE Hardware. Owners can use the pool, amenities, and restrooms of Bellagio. There are no bridges to cross to reach the slip.
    Location Intelligence

    Current Use by Public Records

    Osprey Marina Marina

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Osprey
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4914376
    Latitude
    27.1800138

    Nearby Similar for Sale

    • $1,400,000
      1 SF

      Osprey Mixed-Use Development Opportunity

      2.5-acre lot on Tamiami Trail, ideal for mixed-use development.
      2099 S Tamiami Trl N, Osprey, FL 34229
      View Details
    • $350,000

      Osprey Office Condo on Tamiami

      Sophisticated office condo in a prime Osprey location.
      436 S Tamiami Trl, Osprey, FL 34229
      View Details
    • $439,000
      1,050 SF

      Upscale Waterfront Retail-Office Condominium

      Turn-key retail-office condominium in a growing waterfront community.
      3976 Destination Dr, Osprey, FL 34229
      View Details
    • $700,000
      1,741 SF

      Bay Street Commercial Space Available

      Premier commercial space in a vibrant, high-traffic location.
      3983 Destination Dr, Osprey, FL 34229
      View Details
    • $1,600,000

      Restaurant-Ready Space in Osprey

      Turnkey restaurant opportunity in a high-traffic, growing area.
      3983 Destination Dr, Osprey, FL 34229
      View Details
    • $397,800
      Pending

      Osprey Office Condo For Sale

      Professionally built-out office condo with convenient US-41 access.
      428 S Tamiami Trl, Osprey, FL 34229
      View Details
    • $1,050,000
      2,030 SF

      Turnkey Restaurant Space in Osprey

      Ready-to-operate restaurant space in a high-traffic area.
      3983 Destination Dr, Osprey, FL 34229
      View Details
    • $1,600,000
      3,871 SF

      Restaurant-Ready Space in Osprey

      Turnkey restaurant opportunity in a vibrant, high-growth location.
      3983 Destination Dr, Osprey, FL 34229
      View Details
    • $769,000

      Freestanding Building on Tamiami Trail

      Highly visible 525 SF building on US-41 in Osprey, FL.
      240 N Tamiami Trl, Osprey, FL 34229
      View Details
    • $749,000
      2,568 SF

      Osprey Office Condo for Sale

      Prime Osprey Office, 2,568 SF
      420 Tamiami Trl, Osprey, FL 34229
      View Details
    • Contact for pricing
      1,272 SF

      Osprey Office Condo For Sale

      Well-maintained office condo with private offices and conference room.
      430 S Tamiami Trl, Osprey, FL 34229
      View Details
    • $7,499,000
      4,000 SF

      Osprey Office Building & Land

      10-Acre Commercial Property, Prime Location
      505 Luminary Blvd, Osprey, FL 34229
      View Details

    FAQs

    What type of property is this?
    Marina - Boat slip with amenities, Intercoastal access, and owner financing.
    Where is this marina located?
    The property is located at 480 Blackburn Point Rd Osprey, FL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Covered boat slip in a prime location on the Intercoastal Waterway with quick Gulf access.; - No bridges to cross for boating access.; - Marina amenities include fuel, pump-out, bait shop, and convenience items.
    (941) 366-0000
    Request Owner's contact information
    480 Blackburn Point Rd Osprey, FL 34229
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    480 Blackburn Point Rd
    Osprey, FL 34229
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    480 Blackburn Point Rd Osprey, FL 34229
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mariah Yoskowitz
    Real Estate License ID: 3245878
    (941) 366-0000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!