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

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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