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Financial
Distress signals
Property profile

3983 Destination Dr unit A223 & A224 Osprey, FL 34229

FOR SALE
Other commercial real estate
Property ID
US18-7757008
0.98 ac lot
Last sale Apr 2025 · $360,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a two-story restaurant building constructed in 2008, totaling approximately 3,871 square feet, and designed to accommodate seating for up to 150 guests across indoor and outdoor areas. The ground floor includes an indoor bar and dining areas as well as an outdoor bar with wraparound seating. The upper level features a balcony and additional seating for private events or other dining arrangements. Existing furniture, fixtures, and equipment are part of the property, and the site…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026
$12.26M
$11.03M – $13.48M
NOI build-up
Gross scheduled income$51k
Vacancy & credit loss−$3k
Operating expenses−$12k
NOI · 3.42% cap applied$36k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
3.42%
$36k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CG
JurisdictionSARASOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply16.1
Auto Repair Shop16.0
Hair Salon15.4

Location

3983 Destination Dr, Unit unit A223 & A224 Osprey, FL 34229
County assessor · not on file Recorded deeds · 17 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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