505 LUMINARY BOULEVARD OSPREY FL 34229 MLS #A4616676

505 LUMINARY BOULEVARD
OSPREY, FL, 34229
$7,499,000
Beds
0 Baths
4,000 SqFt
10.01 Acres
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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

Property Details

Price:
$7,499,000
MLS #:
A4616676
Status:
Active
Beds:
0
Baths:
0
Address:
505 LUMINARY BOULEVARD
Type:
Commercial
Subtype:
Office
City:
OSPREY
Listed Date:
Jul 10, 2024
State:
FL
Finished Sq Ft:
4,000
ZIP:
34229
Lot Size:
435,904 sqft / 10.01 acres (approx)
Year Built:
2015
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Interior

Cooling
None

Exterior

Construction Materials
Concrete

Financial

Buyer Agent Compensation
3%%
Tax Year
2023
Taxes
$24,046

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505 LUMINARY BOULEVARD
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