505 LUMINARY BOULEVARD Osprey, FL $ 7,499,000
505 LUMINARY BOULEVARD
$ 7,499,000
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505 LUMINARY BOULEVARD

Osprey, FL, 34229
$ 7,499,000
Bedrooms-- Baths-- Sq 4,000

Monthly Estimate*

$ 46,784

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Commercial Property for sale in Osprey, FL

for $7,499,000. This 4,000 square foot building was built in 2015 on a lot size of 10.01.

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

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Commercial Active

Price

$ 7,499,000

Property Type

Commercial

Taxes

$ 24,045

Style

Office

Lot Size

10.01

Year Built

2015

Town/City

Osprey

County/Region

Sarasota

MLS | Web ID

A4616676

Features
General
Cooling none
Zoning opi
Construction Materials concrete
Year Built 2015
Property Subtype office
Tax Year 2023
Ownership sole proprietor
County sarasota
New Construction no
Property Type commercial sale
HOA N
Status active
Directions just off us41 in osprey at the corner of luminary blvd and us41
City osprey
MLS Area 34229 - osprey
Lot Size Units acres
Lot Size Square Feet 435904
Tax Annual Amount 24045.83
Additional Parcels Y/N no
Virtual Tour https://www.propertypanorama.com/instaview/stellar/a4616676
Building Area Units square feet
Living Area Units square feet
Standard Status active
Tax Lot 1
Legal Description 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
Water Access Y/N no
Water View Y/N no
Flood Zone Code ae
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Exterior
Lot Size Area 10.007
Foundation Details block
Number of Buildings 1
Building Area Total 4000
Lot Size Acres 10.01
Road Surface Type asphalt
Waterfront Y/N no
Road Frontage Type access road county road divided highway easement state road
Number of Lots 1
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Interior
Total Stories 1
Air Conditioning Y/N no
Total Baths 0
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Internal Only
Street Number 1 505
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* Excluded Features
List By
American Property Group

Broker

Leslye@AmericanPropertyGroup.com

Email

Affordability Calculator

$48,788
Per Month
96%
4%
0%
Monthly Principal & Interest
$46,784
Monthly Property Taxes
$2,004
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2024$7,499,000 Listed Price

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505 LUMINARY BOULEVARD, Osprey, FL, 34229 is a Commercial Property for sale at $7,499,000 with 4,000 sqft and a lot size of 10.01. 505 LUMINARY BOULEVARD was built in 2015. The property's zip code is 34229 which is in Osprey, FL