505 LUMINARY BOULEVARD OSPREY FL 34229 MLS #A4616676 | Gary Kusher | Florida Real Estate

505 LUMINARY BOULEVARD
OSPREY, FL, 34229
$7,499,000
Beds
0 Baths
4,000 SqFt
10.01 Acres
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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

Property Details

Price:
$7,499,000
MLS #:
A4616676
Status:
Active
Beds:
0
Baths:
0
Address:
505 LUMINARY BOULEVARD
Type:
Commercial
Subtype:
Office
City:
OSPREY
Listed Date:
Jul 10, 2024
State:
FL
Finished Sq Ft:
4,000
ZIP:
34229
Lot Size:
435,904 sqft / 10.01 acres (approx)
Year Built:
2015
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Schools

Interior

Cooling
None

Exterior

Construction Materials
Concrete

Financial

Buyer Agent Compensation
3%%
Tax Year
2023
Taxes
$24,046

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505 LUMINARY BOULEVARD
OSPREY, FL