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    135 Bayview Dr Osprey, FL 34229

    Sponsored
    For Sale
    Contact for pricing

    Prime mixed-use, hotel, retail opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.498-acre development site presents a rare opportunity in the thriving Osprey/Sarasota market. Boasting direct Gulf frontage and prime US-41 visibility, this property offers unparalleled access and exposure. The existing zoning permits a mixed-use development, including a proposed four-story, 100,000 square foot, 120-room hotel directly on the Gulf. A planned 12,000 square foot office building and a two-story, 24,000 square foot retail building with drive-thru potential are also included in the development plan. US-41/S. Tamiami Trail provides significant traffic flow, ensuring high visibility and accessibility. The location benefits from proximity to Sarasota, downtown Venice, and easy access to I-75, connecting to major Florida employment centers in Tampa and Miami, as well as the Midwest. Nearby Sarasota-Bradenton International Airport handles nearly 1.26 million passengers annually, and Tampa International Airport is approximately one hour away. The area's robust tourism, healthcare, tech manufacturing, and entrepreneurial sectors contribute to a dynamic and growing economy. This is a truly unique opportunity to capitalize on the burgeoning Sarasota-Osprey market. The current zoning allows for immediate development of hotel, commercial, and retail spaces.

    Property Features for 135 Bayview Dr

    General Information

    Property type
    Individual retail properties

    HighLights

    • Gulf‑front mixed‑use development opportunity in Osprey, FL.
    • 5.498‑acre site with US‑41 frontage.
    • Proposed development includes a 100,000 SF, 120‑room hotel, 12,000 SF office building, and 24,000 SF retail building with drive‑thru potential.
    • High‑traffic location on US‑41, near Sarasota and Venice, with easy access to I‑75.
    • Current zoning allows for hotel, commercial, and retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Evie's at Spanish Point ... Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Osprey
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4905254
    Latitude
    27.1955224

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    FAQs

    What type of property is this?
    Individual retail property - Prime mixed-use, hotel, retail opportunity.
    Where is this individual retail property located?
    The property is located at 135 Bayview Dr Osprey, FL.
    What are key features of this property?
    This property features: Gulf-front mixed-use development opportunity in Osprey, FL.; 5.498-acre site with US-41 frontage.; Proposed development includes a 100,000 SF, 120-room hotel, 12,000 SF office building, and 24,000 SF retail building with drive-thru potential.
    Request Owner's contact information
    135 Bayview Dr Osprey, FL 34229
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    Osprey, FL 34229
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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

    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.

    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
    135 Bayview Dr Osprey, FL 34229
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