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$599,900

Beds
3
Baths
2.5
sq ft
1,950

260 Hidden Bay Dr Unit 202, Osprey, FL 34229

260 Hidden Bay Dr Unit 202

OSPREY, FL 34229

  • 143 days on market
    • Price drop $49,100↓
****HUGE PRICE REDUCTION!!! What a DEAL!!! This lightly lived in condo is like NEW (better than new!) because it is an incredible value compared to building new in this hidden gem community of Edgewater at Hidden Bay. Constructed with solid concrete, this building and community have withstood recent storms without any damage! Also this immaculate 3 bedroom 2.5 bath condo is equipped with hurricane impact windows and sliders for peace of mind. One of the top features is the spacious lanai that reveals a peek of the bay grazing above the tranquil preserve views. Trust me, sunsets are amazing!!! Other features that make this property live more like a home than a condo is the elegant foyer entry, separate laundry room and large walk in pantry. The unit also comes with secure under building parking and a large storage unit. Hidden Bay offers a wealth of amenities, including a clubhouse, inviting pool, state-of-the-art fitness center, catering kitchen, fun tiki hut, and tennis and pickleball courts. Ideally situated on the border of Osprey and Sarasota, you get access to all that Sarasota has to offer without paying the higher price tag! It’s just a short drive to the beautiful beaches of Siesta Key, Lido, and the vibrant downtown Sarasota area, renowned for its shopping and dining options. This isn't just a condo; it's a lifestyle that embodies comfort, elegance, and a welcoming community. Don't miss out on this incredible opportunity! This property qualifies for a 1% LENDER INCENTIVE if using preferred Lender. Inquire for more details.**

Details

Property type

Condominium

Est. home value

$727,983

Lot size

Unknown

Price per sq ft

$308

Year built

2019

Annual property taxes

$5,611.51

HOA

Yes

Price History

02/11/2025
StellarMLS

StellarMLS #A4625390

Price change
$599,900
-7.57%
01/15/2025
StellarMLS

StellarMLS #A4625390

Price change
$649,000
-5.93%
10/03/2024
StellarMLS

StellarMLS #A4625390

Listed
$689,900

Schools & Community

Elementary school: 

Laurel Nokomis Elementary

Middle school: 

Laurel Nokomis Middle

High school: 

Venice Senior High

Community features: 

Gated, Fitness Center, Pool, Sidewalks, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$218,737
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$333,171
Cash to seller
$218,737

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

January 2021

Original loan amount

$367,400

Est. remaining balance

$333,171

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Michael E Murphy and Anne M Frame

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 3:15 PM

Listing updated: 02/16/2025 at 7:38 PM

Listed by: Toni Zarghami, KW COASTAL LIVING III Phone #: (941) 900-4151

MLS: StellarMLS #A4625390

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