505 Luminary Blvd - 10 Acres across from new Publix in Osprey 10 Acres of Commercial Land Offered at $10,667,478 CAD in Osprey, FL 34229
INVESTMENT HIGHLIGHTS
- 9 Unit per Acre for Assisted Living Facility (ALF)
- Directly across the street from new Publix
- Electric, Water & Sewer in place & Shovel Ready
- 900' +/- Frontage on US41/S. Tamiami Trail
- 46,000 SF of Office/Medical space allowable
- Assisted Living/Memory Care use allowed
EXECUTIVE SUMMARY
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
Visit us online at www.AmericanPropertyGroup.com to see all our listings or call (941) 923-0535 at your convenience.
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
Visit us online at www.AmericanPropertyGroup.com to see all our listings or call (941) 923-0535 at your convenience.
PROPERTY FACTS
| Price | $10,667,478 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Office |
| Total Lot Size | 10.00 AC |
1 LOT AVAILABLE
Lot
| Price | $10,667,478 CAD |
| Price Per AC | $1,066,747.78 CAD |
| Lot Size | 10.00 AC |
10 Acres across from new Publix in Osprey Best Use: Office, Assisted Living Facility, Upper-Story Residential over Ground Floor Office Located at the North East Side of the intersection of Luminary Blvd and Tamiami Trail in Osprey, FL.
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PROPERTY TAXES
| Parcel Number | 0155-13-0024 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,531,707 CAD |
ZONING
| Zoning Code | OPI (Office, Professional, Institutional - Allows Medical, Assisted Living, Memory Care and more!) |
