Renovated Executive Office
For Sale
$400,000
418 S TAMIAMI Trail, Osprey, FL 34229
Commercial Sale, OSPREY, FL
Property Size1,272 SF
Lot Size2.64 Acres
Price / SF$314.47
Days on Market138
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
Additional Details
Property Use
Executive Suites
Condition
Newly Renovated
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
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: Oct 30
Last Checked: Oct 30 at 8:06PM
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.
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Investment Insights
Based on property information with market context.
This 1,272-square-foot executive office suite has three private offices with glass doors, a conference room, reception area, kitchen, restroom, and two storage rooms. Renovated finishes include designer tile, a stone feature wall and fireplace in reception, and marble kitchen countertops. The building was constructed in 2006 with block materials and has central air conditioning.
The suite is located in Osprey Executive Park at 418 S Tamiami Trail in Osprey, Florida. It is zoned OPI.
The suite is located in Osprey Executive Park at 418 S Tamiami Trail in Osprey, Florida. It is zoned OPI.
Key Highlights
- 1,272 square feet
- Three private offices and a conference room
- Reception area with stone accent wall and fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,546
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
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
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 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 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$361.5K
$316.3K – $421.8K
NOI $25,306 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A three-office layout pairs private work areas with a conference room, kitchen, and two storage rooms.
Where is this office unit located?
The property is located at 418 S TAMIAMI Trail Osprey, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1,272 square feet; Three private offices and a conference room; Reception area with stone accent wall and fireplace
