Osprey Commercial Land
505 Luminary Blvd, Osprey, FL 34229
For Sale
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10-acre commercial land parcel with development potential in Osprey, FL.
Property Size4,000 SF
Lot Size10.00 Acres
Price / SF$1,749
Days on Market1381
Property Features for 505 Luminary Blvd
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Listing Agency:
American Property Group of Sarasota Inc
Listed By:
Adam Seidel · License FL SL3213728
(941) 544-0770
Source:
Crexi
Added: Feb 1, 2023
Changed: Nov 10
Last Checked: Nov 12 at 6:24AM
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 American Property Group of Sarasota Inc
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Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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
Property Analytics
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Location Intelligence
Trade Area within ½ mile
227
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
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Frequently Asked Questions
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 $6,999,000.
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
