Commercial Sale Property - Office in Osprey
Listing Price: $7,499,000
Description of Property
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 At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Office
City: Osprey
County: Sarasota
Sq. Ft. Gross: 4,000
Sq. Ft. Living Area: 4,000
Cost per (heated) sqare foot: $1,875
Year built: 2015
Annual Tax: $24,046
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Water Access: Not specified
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Exterior & Construction
Architectural Style:
Construction: Concrete
Foundation: Block
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Floors Total: 1
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Cooling: None
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Lot Information
Lot Features:
Lot Size (acres): 10.01
Lot Size (sq. ft.): 435,904 square feet
Road Frontage: Access Road, County Road, Divided Highway, Easement, State Road
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Legal Description & Other Information
Parcel Number: 0155130024
Zoning: OPI
Tax Legal Desc.: BEG AT INTRS OF NLY LINE OF S 1/2 OF SW 1/4 OF NW 1/4 OF SECTION 14-18-38 & ELY R/W LINE OF TAMIAMI TRL FOR POB TH E S-89-45-17-E 729.09 FT TH S-05-40-19-W 501.15 FT TH SWLY ALG CURVE TO LEFT
Section: 14
Range: 18E
Listing courtesy of AMERICAN PROPERTY GROUP. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.