505 Luminary Blvd, Osprey, FL 34229

Listing agent Adam Seidel License #FL SL3213728

Listing office American Property Group of Sarasota Inc

Listing date Feb 1, 2023

Source Crexi

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Overview

This 10-acre commercial land parcel in Osprey, Florida, features over 900 feet of frontage on Tamiami Trail/US41. It is positioned in a growing area of Sarasota County and is suitable for development, with entitlements already in place. The property includes an existing 4,000 SF freestanding office building with water, sewer, and electricity. The location offers density for an Assisted Living Facility/Memory Care at 9 units per acre and allows for up to 46,000 SF of office space. The site is directly across from a new Publix and adjacent to new developments that include shopping plazas, restaurants, apartments/condos, and single-family homes. Infrastructure is in place with electric, water, and sewer available, making the property shovel-ready. It provides easy access to Tamiami Trail from both ends of the property with simple median cuts at Southbay Drive/Luminary Blvd. The property is located at the northeast side of the intersection of Luminary Blvd and Tamiami Trail in Osprey, FL.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Osprey

County

Sarasota

State

Florida

Longitude

-82.476878

Latitude

27.17462

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FAQs

What type of property is this?

Commercial land - 10-acre commercial land parcel with development potential in Osprey, FL.

Where is this commercial land located?

The property is located at 505 Luminary Blvd Osprey, FL.

What is the asking price?

The asking price for this property is $7,499,000.

What are key features of this property?

This property features: 10‑acre parcel with over 900 feet of frontage on Tamiami Trail/US41; All entitlements are in place, making the property ready for development; Prime location directly across from a new Publix and adjacent to new developments