50 West Bay Street, Osprey Florida  $3,950,000

Discover a once-in-a-lifetime opportunity to own or develop 3.68 acres directly on Sarasota Bay in scenic, historic Osprey.

Dating back to the late 1800’s and known as one of the first properties to be settled, this sweeping site is just South of The Oaks, and captures a true sense of Old Florida, while offering exciting new possibilities. 

“This remarkable waterfront property invites you to become the next chapter of its historic pedigree,” says Tina Ciaccio.

 

Options include the creation of a dream principal estate or an enclave of homes, with approval in place to build on 13 individual lots. Boat docks are also permitted for each site, as well as 10 acres of submerged land on Sarasota Bay.

Osprey, Florida

Osprey, positioned between the world-class destinations of Sarasota and Venice, is the best of both worlds. It has a small town feeling with tree-lined streets that end with glimpses of Sarasota Bay, while minutes from vibrant shops, restaurants, arts and culture of downtown Sarasota. 

Judge John G. Webb of Utica, New York was the first man to settle in the area he later named Osprey, after the large bird that nests in the loftiest branches of the town’s indigenous pines, live oaks and gumbo limbo trees.  Today’s Osprey, located on Little Sarasota Bay, is a thriving community with abundant residential opportunities.

Osprey is noteworthy for being the site selected in 1910 by Bertha Honore Palmer, widow of Chicago magnate Potter Palmer and an early Sarasota visionary, for her winter estate and gardens.  At Spanish Point, site of the estate, she designed elaborate gardens while preserving early pioneer dwellings and the remains of the area’s prehistoric past.  Historic Spanish Point remained in the Palmer family until 1980, when the site was donated to Gulf Coast Heritage Association.

For more information regarding this rare waterfront opportunity, contact Tina Ciaccio of Michael Saunders & Company.