Active
505 LUMINARY BLVD
OSPREY FL, 34229
$7,499,000
$1,874.75 per sqft
Active
4,000 sqft
Commercial
Built in 2015
American Property Group of Sarasota, Inc. presents 505 Luminary Blvd, Osprey, Sarasota
Property Type: Commercial Land with Existing Office Building
Property Size: 10 Acres
Discover this exceptional opportunity with over 900 feet of frontage on Tamiami Trail/US41 in Osprey, FL! This is one of the last substantial parcels available in Sarasota County with a Tamiami address. Positioned directly in the path of progress, this 10-acre parcel is ready for development with all entitlements in place.
Property Features:
Existing Office Building: 4,000 SF Freestanding Office Building with water, sewer, and electricity
Development Potential: Density for Assisted Living Facility/Memory Care at 9 units per acre
Office Space Allowable: Up to 46,000 SF of office space
Prime Location: Directly across from the new Publix and adjacent to massive new developments, including shopping plazas, restaurants, apartments/condos, and single-family homes
Infrastructure: Electric, water, and sewer in place, making the property shovel-ready
Accessibility: Easy access to Tamiami Trail from both ends of the property with simple median cuts at Southbay Drive/Luminary Blvd
Strategic Positioning: Located at the northeast side of the intersection of Luminary Blvd and Tamiami Trail in Osprey, FL
A4616676
MLSⓇ ID
July 10, 2024
Listed
November 22, 2024
Updated
Map
505 LUMINARY BLVD
OSPREY FL, 34229
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Exterior/Building Features
Lot Size
10.01 Acres
Other Property Details
Area Name
34229 - Osprey
Taxes
$24,046
Tax Frequency
Annually
Days on Market
1
Association Fee Frequency
Monthly
Garage
No
View
No
County
Sarasota
Municipality
38S
Pool
No
Zoning
OPI
Listed by AMERICAN PROPERTY GROUP
Listing Contact: 941-923-0535
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Data last updated 11/22/2024, 7:33 AM UTC