505 LUMINARY Blvd

osprey, FL 34229

$7,499,000

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    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 to an 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

    Details

    4,000 Sq Ft

    10.01 Private Acres Lot Size

    Commercial

    $24,046 Annual Tax

    Built in 2015

    MLS/Listing ID A4616676

    1 Stories

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