Move-In Ready Osprey Office
For Sale
$1,099,000
3976 DESTINATION DRIVE #A411, Osprey, FL 34229
Fully furnished office space in Baystreet Village, Osprey.
Property Size2,314 SF
Price / SF$474.94
Days on Market424
Property Features for 3976 DESTINATION DRIVE #A411
General Information
Standard status
Active
Size
2,314 SF
Taxes and HOA fees
Annual Taxes
$5,440
Building Details
Year Built
2008
Listing Agency:
PREMIER PROPERTIES OF SRQ LLC
Listed By:
JOHN YILMAZ
Source:
Corcoran
Added: Jun 3, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PREMIER PROPERTIES OF SRQ LLC
Investment Insights
Based on property information with market context.
Located in Osprey, this office space at 3976 Destination Drive, Unit A-411, is situated within Baystreet Village, a commercial area featuring a mix of retail and office spaces. The location provides access to The Oaks, Casey Key, and Pineview School. This office space features modern finishes and furnishings. The layout is designed for efficiency. The property size is 2314 square feet. This move-in ready office space is suitable for businesses looking to expand or start fresh. The location offers connections to Sarasota and surrounding areas.
Key Highlights
- Move‑in ready: Newly built‑out and fully furnished office space.
- Prime location in Baystreet Village, Osprey's sought‑after commercial enclave.
- Proximity to The Oaks, Casey Key, and Pineview School.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.0k | $21.60 |
| − Vacancy | −$5.0k | −$2.16 |
| EGI | $45.0k | $19.44 |
| − OpEx | −$11.2k | −$4.86 |
| NOI | $33.7k | $14.58 |
2,314 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$482.0K
$421.7K – $562.3K
NOI $33,738 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$657.7K
$575.5K – $767.3K
NOI $46,036 @ 7.0% cap · market cap 4.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
437
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Fully furnished office space in Baystreet Village, Osprey.
Where is this office units located?
The property is located at 3976 DESTINATION DRIVE #A411 Osprey, FL.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Move‑in ready: Newly built‑out and fully furnished office space.; Prime location in Baystreet Village, Osprey's sought‑after commercial enclave.; Proximity to The Oaks, Casey Key, and Pineview School.
