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    4520 S Biscayne Dr North Port, FL 34287

    For Sale
    $11,000,000

    Multi Family - NORTH PORT, FL

    Property size:
    42,140 SF
    Lot size:
    7.78 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 4520 S Biscayne Dr

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    RMF
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    84
    APN
    0996002904
    Parking features
    Driveway, Garage, Guest
    Pool private
    1
    Interior features
    Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceilings, Thermostat
    Exterior features
    Balcony, Lighting, Rain Gutters, Sidewalk, Storage, Pool
    Size
    42,140 SF
    Lot size
    7.78 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2008
    Number of units
    28
    Flooring type
    Carpet, Tile
    Building materials
    Block, Stucco
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    RE/MAX Palm Realty (941) 743-5525 [email protected]

    Listing agent Regina Melman (941) 451-2025 License #3455400

    Listing date Nov 12, 2025

    MLS# N6131984 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Luxury Condominium Homes Investment Opportunity

    This property presents an opportunity to own 28 luxury condominium homes in North Port, Sarasota County. Infrastructure is in place, including underground utilities for developing an additional 13 lots into 78 condo units. The complex features a large community pool and no HOA or CDD fees. The property is situated near Warm Mineral Springs, offering access to amenities and attractions. All units have new metal roofs installed in 2022 with a 10-year installation warranty and a 25-year metal alliance warranty. The complex, spanning almost 8 acres, has two entries and includes luxury apartments with tenants in place. Each unit features 1,852 square feet of living area under the roof, with 3 bedrooms and 2 bathrooms. The structures are fully enclosed with hurricane-resistant windows and doors rated for 130 mph winds. Each unit includes a detached single-car, oversized garage for parking and storage, a complete GE appliance package, raised panel cabinets, granite countertops in kitchens and baths, ceiling fans and lighting fixtures, a security system with optional monitoring, 9.4-foot ceilings, a screened lanai, a covered and lighted entry, a stacked washer and dryer, crown molding, colonial trim, and a tankless water heater. There are 79 parking spaces and one car oversized garage each unit. The property also includes an approximately 3,600-square-foot recreation/meeting building with a wet bar in the kitchen. The location provides access to Gulf beaches, marinas, fishing opportunities, and golf courses. The area features a shopping and dining scene with retail centers, boutiques, and restaurants, as well as cultural events and festivals. Nearby natural attractions include Charlotte Harbor Preserve State Park and Myakka River State Park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    North Port
    County
    Sarasota
    State
    Florida
    Longitude
    -82.24647198
    Latitude
    27.05276067

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    FAQs

    What type of property is this?
    Apartment building - Luxury condominiums in North Port, Sarasota County, with development potential.
    Where is this apartment building located?
    The property is located at 4520 S Biscayne Dr North Port, FL.
    What is the asking price?
    The asking price for this property is $11,000,000.
    What are key features of this property?
    This property features: - Opportunity to develop an additional 78 condo units with existing infrastructure (underground utilities for 13 lots).; - No HOA or CDD fees, reducing owner costs.; - Hurricane-resistant windows and doors (130 mph wind rating) and new metal roofs with warranties, ensuring safety.
    (941) 451-2025
    Request Owner's contact information
    4520 S Biscayne Dr North Port, FL 34287
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    Realmo Value Estimation

    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

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    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.

    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
    4520 S Biscayne Dr North Port, FL 34287
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