Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    480 Blackburn Point Rd Osprey, FL 34229
    Back to Search
    Property profile & analytics

    480 Blackburn Point Rd Osprey, FL 34229

    View on Map
    • Commercial real estate
    • 0.17 lot acres
    For Sale
    $299,000
    View Listing →
    Covered Boat Slip Near Gulf For Sale
    $299,000
    0.32 Acres

    Covered Boat Slip Near Gulf

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

    480 BLACKBURN POINT ROAD 1, Osprey, FL 34229
    View Listing
    Property ID
    US18-7757010
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Osprey Marina / Marina

    Property Details for 480 Blackburn Point Rd

    Lot size
    0.17 lot acres
    Zone code
    MP
    Property type
    Commercial real estate
    APN
    0000-00-8459
    APU
    8459

    Description

    This exceptional mixed-use property, located at 480 Blackburn Point Road Unit 1, Osprey, Florida, offers 1,248 square feet on a 0.32-acre lot. Situated in the desirable Bellagio/Blackburn Point/Casey Key area, this unit boasts a prime waterfront location with a covered boat slip. Enjoy unparalleled convenience with direct access to the Intercoastal Waterway and proximity to the Gulf of Mexico (minutes away). The property's enviable position places it across from the Deep Lagoon Restaurant, the maritime launching scullery park, and the Casey Key Fish House, offering a vibrant and convenient lifestyle. The marina provides essential services including fuel and pump-out facilities. A nearby bait shop offers added convenience, along with sandwiches, soft drinks, and beer. Daily necessities are easily accessible, with a gas station, Publix, CVS, Dollar Tree, and ACE Hardware all within a mile. Residents can utilize the Bellagio's pool, amenities, and restrooms. The property features electric and water hookups at the dock, eliminating the need to cross any bridges. Owner financing is available for qualified buyers. This is a truly unique opportunity to own a piece of prime Osprey waterfront real estate in one of the best marinas in the area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Osprey
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4912
    Latitude
    27.1807
    CBSA code
    35840
    CBSA name
    NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      710 Tamiami Trl

      Land
      710 Tamiami Trl, Osprey, FL 34229
      View Details
    • Value Estimation by Request
      0.28 Acres

      3976 Destination Dr

      COMMON AREA (COMMERCIAL) • 0.28 Acres
      3976 Destination Dr, Osprey, FL 34229-9514
      View Details
    • Value Estimation by Request
      2.64 Acres

      430 Tamiami Trl

      COMMON AREA (COMMERCIAL) • 2.64 Acres
      430 Tamiami Trl, Osprey, FL 34229-9206
      View Details
    • Value Estimation by Request

      Tamiami Trl

      Mixed-use properties
      0 Tamiami Trl, Osprey, FL 34229
      View Details
    • Value Estimation by Request
      1.44 Acres

      705 Tamiami Trl

      Land • 1.44 Acres
      705 Tamiami Trl, Osprey, FL 34229
      View Details
    • Value Estimation by Request
      0.98 Acres

      3983 Destination Dr

      COMMON AREA (COMMERCIAL) • 0.98 Acres
      3983 Destination Dr, Osprey, FL 34229-9512
      View Details

    Similar Nearby 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
    • $2,950,000

      Prime Retail Location on Trail

      Commercial land for sale in a prime retail location.
      1301 S Tamiami Trl, 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
    • Contact for pricing
      2,957 SF

      Osprey Gulf Front Development Opportunity

      Prime 5.498-acre site for hotel, retail, and commercial development.
      135 Bayview Dr, Osprey, FL 34229
      View Details
    • Contact for pricing

      Osprey Land with US-41 Frontage

      1.74 acre vacant site with direct US-41 frontage.
      509 S Tamiami Trl, Osprey, FL 34229
      View Details
    • Contact for pricing
      182,100 SF

      Osprey Development Site on Tamiami

      4-acre cleared development site with high visibility and traffic.
      2301 S Tamiami Trl, Osprey, FL 34229
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      882 SF

      Osprey Office Space Available

      Office space for lease in Osprey, Florida, 882 square feet.
      674 S Tamiami Trl, Osprey, FL 34229
      View Details
    • $17 SF/Yr
      4,900 SF

      Osprey Retail/Office Condo For Rent

      Renovated 1,750 SF condo with flexible floor plan.
      824-862 S Tamiami Trl, Osprey, FL 34229
      View Details
    • $2,963,760

      Osprey Retail/Office Space For Lease

      Commercial lease opportunity on Tamiami Trail, Osprey. High visibility.
      436 S Tamiami Trl, Osprey, FL 34229
      View Details
    • Contact for pricing

      1.4 AC Build to Suit

      1.4 AC build to suit opportunity in Venice, Florida.
      710 S Tamiami Trl, Osprey, FL 34229
      View Details
    • $12 SF/Yr
      4,000 SF

      Osprey Office/Medical Shell Space

      Shell space ready for buildout in growing Osprey, Florida.
      1449 S Tamiami Trl, Osprey, FL 34229
      View Details
    • $30,000

      High-End Office/Retail Condominium

      Turn-key office/retail space in a thriving commercial setting.
      3976 Destination Dr, Osprey, FL 34229
      View Details
    View Listing
    Request Owner's contact information
    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
    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

    Thank You for Inquiry
    480 Blackburn Point Rd, Osprey, FL, 34229
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!