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    420 Tamiami Trl Osprey, FL 34229

    For Sale
    $3,495,000

    17,191 SF Vacant Medical Office, $3.495M

    Property size:
    17,191 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional three-story medical office building, located at 420 S Tamiami Trl, Osprey, FL 34229, presents a compelling investment opportunity. Boasting 17,191 square feet of vacant space, this property offers significant potential for redevelopment or immediate occupancy. The building, constructed in 1985, features convenient elevator service and wide hallways, ensuring ease of access and navigation. Its prime location on Tamiami Trail provides excellent visibility and accessibility, enhanced by two entrances and ample parking both above and below ground. The 35,000 square foot lot is zoned ST2A - SOUTH TRAIL: SUBAREA 2 (AUC), allowing for various uses. The asking price is $3,495,000, translating to $203.30 per square foot. Situated in Osprey, Sarasota County, this property benefits from its proximity to the vibrant city of Venice, known for its beautiful beaches, unique shops, restaurants, and attractions. The recent addition of a Sarasota Memorial Hospital branch further solidifies the area's growth and desirability. This is a rare chance to acquire a substantial medical office building in a thriving coastal Florida community. The property's APN is 0429030014. This is a turnkey opportunity for an investor seeking a high-return investment in a prime location.

    Property Features for 420 Tamiami Trl

    General Information

    Property type
    Medical offices
    Square Feet
    17,191 SF

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    3

    HighLights

    • $3,495,000 asking price for a vacant medical office building.
    • 17,191 square feet of net rentable space.
    • Located at 420 S Tamiami Trl, Osprey, FL 34229.
    • Three‑story building, built in 1985, with elevator service.
    • Features ample parking and excellent Tamiami Trail visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pro Build Inc ... Construction Company All Pro Home ... Home Health Care Service Residential Home Health ... Home Health Care Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Osprey
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4878024
    Latitude
    27.1891186

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    FAQs

    What type of property is this?
    Medical office - 17,191 SF Vacant Medical Office, $3.495M
    Where is this medical office located?
    The property is located at 420 Tamiami Trl Osprey, FL.
    What is the asking price?
    The asking price for this property is $3,495,000.
    What are key features of this property?
    This property features: $3,495,000 asking price for a vacant medical office building.; 17,191 square feet of net rentable space.; Located at 420 S Tamiami Trl, Osprey, FL 34229.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    420 Tamiami Trl Osprey, FL 34229
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