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Wade M. Berlin

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Broker IDX Sites Inc.
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505 Luminary Boulevard
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PRICED AT ONLY: $7,499,000

Address: 505 Luminary Boulevard, OSPREY, FL 34229

Description

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
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  • MLS#: A4616676 ( Commercial Sale )
  • Street Address: 505 Luminary Boulevard
  • Viewed: 192
  • Price: $7,499,000
  • Price sqft: $1,875
  • Waterfront: No
  • Year Built: 2015
  • Bldg sqft: 4000
  • Days On Market: 409
  • Acreage: 10.01 acres
  • Additional Information
  • Geolocation: 27.1757 / -82.4792
  • County: SARASOTA
  • City: OSPREY
  • Zipcode: 34229
  • Provided by: AMERICAN PROPERTY GROUP
  • Contact: Leslye Seidel
  • 941-923-0535
  • mfrmls
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 4000.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: None
  • Road Frontage Type: Access Road, County Road, Divided Highway, Easement, State Road
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2023
Other Features
  • Country: US
  • 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
  • Area Major: 34229 - Osprey
  • Parcel Number: 0155130024
  • Views: 192
  • Zoning Code: OPI

Contact Info

  1. Broker IDX Sites Inc.
  2. We are the World
  3. 750.420.3943
  4. Toll Free: 005578193
  5. support@brokeridxsites.com
Wade M. Berlin