The Hidden Bay condominium community is located on 14 +/- Acres right on the shores of Little Sarasota Bay in Osprey (Sarasota) Florida. All utilities, roads, parking areas, the gated entrance and the resort-style amenities are completed. The amenities include a beautiful pool/spa area with deck and fountain island overlooking the large internal lake, an upscale clubhouse which houses a library, catering kitchen, central salon and fitness center, plus a kayak launch and fishing pier on the bay, and tennis/pickleball courts. Edgewater at Hidden Bay (www.Edgewaterhb.com) is a 52-unit, 3-building, luxury waterfront condominium project located within the larger Hidden Bay community. Phase 1 & 2 (36 units) are complete with only 2 units remaining to be sold. The development opportunity that is the subject of this offering consists of two finished building pads. Those pads are Phase 3 of Edgewater at Hidden Bay, as well as the last remaining finished building pad within the gates of Hidden Bay (Parcel 2). The Phase 3 building pad is fully engineered for 16 units with all building permits ready for pickup from Sarasota County. The design is four floors over parking with four 3-bedroom units per floor being either 1,937 +/- square feet (2 Baths) or 2,166 +/- square feet (2.5 Baths). This building directly faces the bay with all units having bay views. This is the third and final building of the Edgewater development project within Hidden Bay, and all of the condominium documents are complete and Phase III has been activated allowing a Buyer of this opportunity to begin taking purchase contracts immediately. Parcel 2 is a finished building pad at the entrance to the larger Hidden Bay project. Units constructed on this site would overlook the beautiful lake, fountain island and resort pool/clubhouse area. This building pad would be able to take advantage of the remaining development entitlements within the project for a maximum of 42 residential condominium units.
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