Extraordinary bayfront land development opportunity in South Sarasota/Osprey. Approximately 22 contiguous acres (24 with vacated road) at the end of Sarabay Road creating the perfect gated waterfront community opportunity. Convenient access to US 41 and easy access to I75. Approximately 600 feet on Little Sarasota Bay with existing dockage and boat slips as well as a boat launching well. Exceptional wide bay views complimented by extraordinary sunsets and exclusive Casey Key in the distance. Newer condominium community with marina capacity as well as marina development adjacent to the property. Current zoning would allow approximately 72 units based on estimated acreage. Future Land Use map is Moderate Density Residential (up to 5 dwelling units per acre) allowing approximately 120 units based on estimated acreage. A rare opportunity for development in market that is rapidly engaging. Price, terms and structure flexible depending on strength and credentials of purchaser.