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Commercial - for Sale

505 LUMINARY, OSPREY, FL 34229

Asking Price$7,499,000

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  • Days on market:

    420 day(s)
  • Original Price:

    $7,499,000
  • Price per sqft:

    $1874.75
  • Tax 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
  • Tax Year:

    2023
  • Property Type:

    Commercial
  • Construction Type:

    Concrete
  • Cooling Description:

    None
  • Special Listing Conditions:

    None

Description

$7,499,000 • living size area 4000 sqft

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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