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Renovated Executive Office Suite
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 Market128

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

fireplace

Building Details

Year built 2006
Building materials Block
Listing Agency: KELLER WILLIAMS ISLAND LIFE REAL ESTATE · Keller Williams Realty
Listed By: Brandy Loebker
Added: Jun 15 Changed: Oct 5 Last Checked: Oct 20 at 2:06PM
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.

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.

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 / Yr
$18,546
Cap Rate
4.47%
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 (±1% cap)
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 (±1% cap)
NOI $25,306 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Raymond James Financial ... Financial Advisor Priority Insurance Services Insurance Agency Priority Tax Services ... Consultant Dr. Craig Cusson Alternative Medicine Practice Pro Management of Osprey ... Property Management Company

Suggested Use

Top Pick Hair Salon Auto Parts Store Electrical Service Bakery (Bike/Boat/Book/etc) Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Glass-front offices, a conference room, refined finishes, and dedicated storage create a polished professional setting.
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 $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
More about this property
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