Commercial property in North Port, Florida 84 bedrooms, 3914.9 sq.m. № 1090870

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Commercial property in North Port, Florida 84 bedrooms, 3914.9 sq.m. № 1090870
ID1090870 $ 15 000 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Welcome to a great opportunity to own the Luxury 28 Condominium Homes in the desirable city of North Port, Sarasota County. Infrastructure is already in place, including underground utilities for an additional 13 lots to be developed into an additional 78 condo units. See the attached plot site plan. Large community pool. NO HOA OR CDD. Situated in a vibrant and thriving community minutes away from Warm Mineral Springs, this property promises a lifestyle filled with abundant sunshine, natural beauty, and coastal charm. This complex benefits from its prime location, offering easy access to an array of amenities and attractions. These are the many upgrades and meticulous upkeeps of this spectacular complex. A new metal roof was installed on all units in 2022 . Public water and Public sewer. Luxury apartments with tenants already in place. Almost 8-acre limited-access complex with two entries. Living area: total under the roof: 1852 square feet; 3 bedrooms; 2 bathrooms. Fully enclosed structures with hurricane-resistant windows and doors (130 mph wind rating).
All buildings on property have new metal roofs completed on 12-21-2022 with a 10-year installation warranty and a 25-year metal alliance warranty. Detached Single-car, oversized garage for parking and storage.Complete GE brand appliance package. Raised panel cabinets.Granite countertops in kitchens and baths. All ceiling fans and lighting fixtures are included. Approximately 3600 square foot recreation/meeting building with a wet bar in the kitchen. Security system,with optional monitoring. 9.4 ceilings. Screened lanai. Covered /lighted entry. Stacked washer and dryer in the units.Crown molding. Colonial trim. Tankless water heater. 79 parking spaces and one car oversized garage per each unit. Do not miss out on this exceptional opportunity to craft your dream investment in a prime location. Schedule a showing today and begin envisioning the endless possibilities offered by this remarkable property in Sarasota County! Discover the nearby pristine Gulf beaches, where you can bask in the sun, partake in water activities, or simply relish the tranquility of the ocean. Embark on nautical adventures from the conveniently located marinas, allowing you to explore the region's captivating waterways and nearby islands. Fishing enthusiasts will delight in the world-class fishing opportunities, while golf aficionados can indulge in a variety of renowned golf courses. North Port is known for its thriving shopping and dining scene, featuring a diverse range of retail centers, boutiques, and restaurants. Immerse yourself in the vibrant downtown area, boasting charming shops, art galleries, and entertainment venues. The city hosts numerous cultural events, festivals, and community gatherings throughout the year, ensuring there's always something exciting happening. Lose yourself in the beauty of Charlotte Harbor Preserve State Park, where scenic trails, wildlife sightings, and peaceful waterways await exploration. Myakka River State Park is another nearby gem, enchanting visitors with its stunning landscapes and diverse flora and fauna. Nature enthusiasts will find endless opportunities to connect with the outdoors just moments away from this property. North Port also boasts excellent educational institutions, reliable medical facilities. Schedule a showing today and begin envisioning the endless possibilities offered by this remarkable property!
MLS #: N6131984
North Port - Statistics
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ParametersNorth Port
Rent Per Month
Apartment (1 bedroom) in City Centre$ 2 300.00
Apartment (1 bedroom) Outside of Centre$ 1 800.00
Apartment (3 bedrooms) in City Centre$ 3 500.00
Apartment (3 bedrooms) Outside of Centre$ 2 400.00
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 2 152.78
Price per Square Meter to Buy Apartment Outside of Centre$ 1 614.59
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ParametersNorth Port
Rent Index45.78
Restaurant Price Index88.22
Groceries Index74.73
Property Price to Income Ratio2.35
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ParametersNorth Port
Restaurants
Meal, Inexpensive Restaurant$ 25.00
Meal for 2 People, Mid-range Restaurant, Three-course$ 80.00
McMeal at McDonalds (or Equivalent Combo Meal)$ 9.99
Domestic Beer (0.5 liter draught)$ 5.00
Imported Beer (0.33 liter bottle)$ 7.00
Coke/Pepsi (0.33 liter bottle)$ 2.50
Water (0.33 liter bottle) $ 1.86
Cappuccino (regular)$ 5.46
Markets
Milk (regular), (1 liter)$ 1.06
Loaf of Fresh White Bread (500g)$ 4.15
Eggs (regular) (12)$ 2.99
Local Cheese (1kg)$ 11.00
Water (1.5 liter bottle)$ 1.50
Bottle of Wine (Mid-Range)$ 22.00
Domestic Beer (0.5 liter bottle)$ 1.73
Imported Beer (0.33 liter bottle)$ 2.50
Cigarettes 20 Pack (Marlboro)$ 6.50
Apples (1kg)$ 2.84
Chicken Fillets (1kg)$ 12.15
Oranges (1kg)$ 2.62
Potato (1kg)$ 1.96
Lettuce (1 head)$ 2.00
Rice (white), (1kg)$ 1.74
Tomato (1kg)$ 5.14
Banana (1kg)$ 0.73
Onion (1kg)$ 1.08
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 22.02
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 100.64
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 50.00
$ 30.00
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 4 000.00
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.00
Transportation
Gasoline (1 liter)$ 0.92
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 36 050.00
Taxi Start (Normal Tariff)$ 4.99
Taxi 1km (Normal Tariff)$ 1.24
Taxi 1hour Waiting (Normal Tariff)$ 30.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 25 000.00
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 20.00
Cinema, International Release, 1 Seat$ 15.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 25.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 30.00
1 Pair of Nike Running Shoes (Mid-Range)$ 65.00
1 Pair of Men Leather Business Shoes$ 80.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 800.00
International Primary School, Yearly for 1 Child$ 60 000.00
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
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CityNorth Port
Address4520 S BISCAYNE DRIVE
TypeCommercial property
Bedrooms84
Living space3914.9 m²
  • sq. ft
Completion dateIV quarter, 2008
Parking places28
Parking typeOpen air
Price
  • Price
  • per m²
$ 15 000 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £