Features & Amenities

Interior

Area & Lot

  • Lot Size(acres)

    10.01

  • Property Type

    Commercial Sale

Exterior

  • Garage

    No

  • Construction Materials

    Concrete

Financial

  • Sales Price

    $7,499,000

  • Tax Amount

    24045.83

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Location

County

Sarasota

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Listing Courtesy of Leslye Seidel , AMERICAN PROPERTY GROUP

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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

505 LUMINARY BOULEVARD

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