505 Luminary Boulevard Osprey, FL 34229

$7,499,000
10.01
Acres
4,000
SQFT
1875
$/SQFT
$7,499,000
4,000   sf
$1875 / sf
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American Property Group of Sarasota, Inc. presents 505 Luminary Blvd, Osprey, SarasotaProperty Type: Commercial Land with Existing Office BuildingProperty Size: 10 AcresDiscover 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 electricityDevelopment Potential: Density for Assisted Living Facility/Memory Care at 9 units per acreOffice Space Allowable: Up to 46,000 SF of office spacePrime Location: Directly across from the new Publix and adjacent to massive new developments, including shopping plazas, restaurants, apartments/condos, and single-family homesInfrastructure: Electric, water, and sewer in place, making the property shovel-readyAccessibility: Easy access to Tamiami Trail from both ends of the property with simple median cuts at Southbay Drive/Luminary BlvdStrategic Positioning: Located at the northeast side of the intersection of Luminary Blvd and Tamiami Trail in Osprey, FL

American Property Group of Sarasota, Inc. presents 505 Luminary Blvd, Osprey, SarasotaProperty Type: Commercial Land with Existing Office BuildingProperty Size: 10 AcresDiscover 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 electricityDevelopment Potential: Density for Assisted Living Facility/Memory Care at 9 units per acreOffice Space Allowable: Up to 46,000 SF of office spacePrime Location: Directly across from the new Publix and adjacent to massive new developments, including shopping plazas, restaurants, apartments/condos, and single-family homesInfrastructure: Electric, water, and sewer in place, making the property shovel-readyAccessibility: Easy access to Tamiami Trail from both ends of the property with simple median cuts at Southbay Drive/Luminary BlvdStrategic Positioning: Located at the northeast side of the intersection of Luminary Blvd and Tamiami Trail in Osprey, FL

  • Neighborhood
  • Type
  • County
    Sarasota
  • Area
    34229 - Osprey
  • Tax Amount
    $24,046
  • Status
    Active
  • Listing #
    A4616676
  • Built
    2015
  • Lot Size
    10.01
  • Listed on site
    59 days

Listed by:
American Property Group

Source:
StellarMLS

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Community Features

  • No HOA

Property Features

  • Has Virtual Tour

Exterior features

  • No Pool
  • Block Construction

Financing

  • None
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