4520 South Biscayne Drive

North Port, FL 34287

$15,000,000
Price
84
Beds
42,140 Sq. Ft.
$356 / Sq. Ft.
42,140
Sq. Ft.
$356
per Sq. Ft.

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,...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!
  1. Listed by Regina Melman • RE/MAX PALM REALTY OF VENICE

Property Details for 4520 South Biscayne Drive

Subdivision Name
PORT CHARLOTTE SUB 43
Township
39
Garage Spaces
28
Waterfront
No

Location

Listing Courtesy of RE/MAX PALM REALTY OF VENICE, Regina Melman
Add your commute
LISTING UPDATED: 04/02/2024 11:14 AM

Property Details for 4520 South Biscayne Drive

StatusActive
MLS #N6131984
Days on Market38
Taxes$99,908 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built2008
Lot Size7.78 AC / 339,090 SF
CountySarasota County

Location

Listing Courtesy of RE/MAX PALM REALTY OF VENICE, Regina Melman
Add your commute

Building Information for 4520 South Biscayne Drive

Stories-Residences28Year Built2008Building Size-Lot Size7.78 AC / 339,090 SF

Payment Calculator

$90,187 per month

30 year fixed, 7.25% Interest

Principal and Interest

$81,861

Property Taxes

$8,326

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4520 South Biscayne Drive

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 339090.0
  • Building Area Units: Square Feet
  • Directions: From I-75, exit 182 Sumter Blvd. Head south on Sumter Blvd. Turn right and head west on Price Blvd. Turn left and head south on Glenallen St. Turn left and head south on S Biscayne Dr. I-75 south, River Road exit 191, south to RT 41, east (left) to left on Biscayne
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Emerald Oaks
  • Unit Number: No
  • Street Number: 4520
  • Street Direction Prefix: S
  • Street Name: BISCAYNE
  • Street Suffix: DRIVE
  • State: FL
  • City: NORTH PORT
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 29
  • Tax Legal Description: LOT 1, 2, 3, 4, 5, 6 & 7, LESS S 39.35 FT OF LOT 7, TOGETHER WITH VACATED 30 FT DRAINAGE R/W BETWEEN LOTS 3 & 4, BLK 29, PORT CHARLOTTE SUB
  • Tax Lot: 1
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 0996002904
  • Total Acreage: 5 to less than 10
  • Total Num Buildings: 7
  • Water Access: No
  • Water Extras: No
  • Zoning: RMF
  • Living Area: 42140
Property and Assessments
  • Year Built Numeric: 2008
  • Flood Zone Code: X
  • Flood Zone Date: 11-04-2016
  • Flood Zone Panel: 12115C0386F
  • New Construction: No
  • Public Survey Range: 21
  • Public Survey Section: 30
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Balcony, Irrigation System, Lighting, Rain Gutters, Sidewalk, Storage
  • Foundation Details: Slab
  • Pool Features: In Ground
  • Pool Private: Yes
  • Pool: Private
  • Pool Private: Yes
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 84
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Heating: Central
  • Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceiling(s), Thermostat
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $703,980.00
  • Unit Count: 1
Unit 1
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 3
  • Unit Type Garage Attached 1: Yes
  • Unit Type Garage Spaces 1: 79
  • Unit Type Pro Forma 1: 2600
  • Unit Type Type 1: 3 Bed/2 Bath
  • Unit Type Units Total 1: 28

Property History for 4520 South Biscayne Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4520 South Biscayne Drive

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Charter - K to 12
Rating
School
Distance
Glenallen Elementary School
PublicPK to 5

North Port High School
PublicPK to 12

Heron Creek Middle School
Public6 to 8

Imagine School At North Port
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4520 South Biscayne Drive is a multi-family home for sale in North Port, FL 34287. This property was listed for sale on March 24, 2024 by RE/MAX PALM REALTY OF VENICE, it's currently listed at $15,000,000. This listing's school district is Sarasota. Nearby schools include Glenallen Elementary School, North Port High School and Heron Creek Middle School. 4520 South Biscayne Drive is a 84-bed, 0-bath, 42,140 sqft multi-family home built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX PALM REALTY OF VENICE, Regina Melman

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.