505 LUMINARY BLVD Active

Osprey,FL 34229

$ 7499000

- Bed

0 Bath

4000 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $1,874

MLS Listing ID A4616676

HOA Y/N No

Originating Board Stellar MLS

Year Built 2015

Annual Tax Amount $24,045

Lot Size 10.010 Acres

Acres 10.01

Property Description

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

Location

State FL

County Sarasota

Zoning OPI

Interior

Cooling None

Exterior

Waterfront false

Building

Story 1

Foundation Block

Lot Size Range 10 to less than 20

Structure Type Concrete

New Construction false

Others

Ownership Sole Proprietor

Special Listing Condition None

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