Renovated Executive Office
For Sale
$415,000
418 S TAMIAMI Trail, Osprey, FL 34229
Commercial Sale, OSPREY, FL
Property Size1,272 SF
Lot Size2.64 Acres
Price / SF$326.26
Days on Market73
Property Features for 418 S TAMIAMI Trail
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
OPI
Subdivision
OSPREY EXECUTIVE PARK
Directions
From I-75, take Exit 205 for Clark Rd (FL-72 W) and head West for approx 4.7 miles. Turn left (South) onto US-41 S / S Tamiami Trail. Follow US-41 South for approx 5.5 miles. The office complex plaza will be on your right (West side of US-41), located just south of the Walmart and Bay Avenue intersection. Turn into the complex; Suite E3 is located in Building 418.
Standard status
Active
APN
0147151016
Size
1,272 SF
Lot size
2.64 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
UNIT E3, OSPREY EXECUTIVE PARK PHASE 2 & 3
Tax Annual Amount
3668
Legal Description
UNIT E3, OSPREY EXECUTIVE PARK PHASE 2 & 3
Utilities
Cooling system
Central Air
Amenities
reception area
conference room
kitchen
storage rooms
Building Details
Year built
2006
Building materials
Block
Listing Agency:
KELLER WILLIAMS ISLAND LIFE REAL ESTATE · Keller Williams Realty
(941) 254-6467
Listed By:
Brandy Loebker · License #BK3340741
(941) 404-4737
Added: Jun 15
Changed: Aug 24
Last Checked: Aug 26 at 10:06AM
MLS# A4697456
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Studio E3 is a 1,272-square-foot office suite within Osprey Executive Park. The renovated interior includes a reception area with a stone accent wall and fireplace, three private offices, a conference room, two storage rooms, a kitchen with wood cabinetry, marble countertops, and a stone backsplash, plus a finished restroom with a full-length vanity. Glass doors provide separation while maintaining an open visual connection among the work areas.
The property was built in 2006 with block construction and central air conditioning. OPI zoning is in place, and the suite is located at 418 S TAMIAMI Trail in Osprey, Sarasota County, Florida. The broader property encompasses 2.64 acres, offering a defined office setting within an executive park environment.
The property was built in 2006 with block construction and central air conditioning. OPI zoning is in place, and the suite is located at 418 S TAMIAMI Trail in Osprey, Sarasota County, Florida. The broader property encompasses 2.64 acres, offering a defined office setting within an executive park environment.
Key Highlights
- 1,272‑square‑foot renovated office suite
- Three private offices and a dedicated conference room
- Reception area featuring a stone accent wall and fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,546
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$370,920
$370.9K
Cap Rate 7%
$264,943
$264.9K
Cap Rate 9%
$206,067
$206.1K
Market Conditions
NOI Build-Up for 1,272 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$27.5K $21.60/SF
− Vacancy
−$2.7K −$2.16/SF
EGI
$24.7K $19.44/SF
− OpEx
−$6.2K −$4.86/SF
NOI
$18.5K $14.58/SF
Area
Sarasota County, FL
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$370,920
Cap Rate 7%
$264,943
Cap Rate 9%
$206,067
Alternative Uses
Best Use
Office B
$264.9K
$231.8K – $309.1K
NOI $18,546 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$361.5K
$316.3K – $421.8K
NOI $25,306 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
Explore this area
Business Placement
Demographics for 34229, FL
7,780
Population
4,662
Households
1.7
Avg Household Size
63
Median Age
58%
College-Educated
97%
High-School Grad
6.0 sq mi
ZIP Area
1,297
Density / Sq Mi
$93,949
Median Household Income
$56,047
Median Earnings
$2,008
Median Rent
$635,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Glass-front offices, a conference room, refined finishes, and dedicated storage create a polished professional setting.
Where is this office units located?
The property is located at 418 S TAMIAMI Trail Osprey, FL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 1,272‑square‑foot renovated office suite; Three private offices and a dedicated conference room; Reception area featuring a stone accent wall and fireplace
