3976 DESTINATION DRIVE #A411 Osprey, FL 34229
Fully furnished office space in Baystreet Village, Osprey.
Property Features for 3976 DESTINATION DRIVE #A411
General Information
- Standard status
- Active
- Size
- 2,314 SF
Building Details
- Year Built
- 2008
Listing office PREMIER PROPERTIES OF SRQ LLC
Listing date Jun 3, 2025
Source Corcoran
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.
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.
Local 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 |
