Ground-Floor Storefront
For Sale
$562,900
OSPREY, FL 34229, Osprey, FL 34229
Commercial Sale, OSPREY, FL
Property Size1,204 SF
Lot Size0.28 Acres
Price / SF$467.52
Days on Market56
Property Features
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
CG
Subdivision
PHASE 2 OF BAY STREET
Standard status
Active
Size
1,204 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3711
Utilities
Cooling system
Central Air
Amenities
monument and storefront signage opportunities
24-hour access
fiber optic internet
wheelchair accessibility
attractive courtyard setting
Building Details
Year built
2008
Floors in Building
1
Building materials
Block
Listing Agency:
CENTURY 21 ROSEBAY
(941) 366-7673
Listed By:
Charles Leduc
(941) 320-5736
Added: Aug 18
Changed: Oct 7
Last Checked: Oct 12 at 6:06AM
MLS# A4700371
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.
Investment Insights
Based on property information with market context.
This 1,204-square-foot commercial condominium occupies the ground floor of a block-construction building completed in 2008. Its open layout is currently configured as a cafe, with storefront windows, a private restroom, central air, and wheelchair access. The property is zoned CG, and 24-hour access and fiber optic internet are available.
The suite is part of Bay Street Village & Town Center in Osprey, along US Highway 41. Shared amenities include approximately 70 parking spaces and a courtyard; monument and storefront signage opportunities are also offered. Nearby businesses include professional offices, retail shops, restaurants, and Osprey Dental.
The suite is part of Bay Street Village & Town Center in Osprey, along US Highway 41. Shared amenities include approximately 70 parking spaces and a courtyard; monument and storefront signage opportunities are also offered. Nearby businesses include professional offices, retail shops, restaurants, and Osprey Dental.
Key Highlights
- 1,204‑square‑foot ground‑floor commercial condominium
- CG zoning
- Built in 2008; block construction with central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,299
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,980
$426.0K
Cap Rate 7%
$304,271
$304.3K
Cap Rate 9%
$236,656
$236.7K
Market Conditions
NOI Build-Up for 1,204 SF
Gross rent
$30.1K $24.96/SF
− Vacancy
−$1.7K −$1.37/SF
EGI
$28.4K $23.59/SF
− OpEx
−$7.1K −$5.90/SF
NOI
$21.3K $17.69/SF
Area
Sarasota County, FL
Vacancy
5.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,980
Cap Rate 7%
$304,271
Cap Rate 9%
$236,656
Alternative Uses
Best Use
Specialty Retail
$304.3K
$266.2K – $355.0K
NOI $21,299 @ 7.0% cap · market cap 3.78%
Second Best
Retail
$268.7K
$235.1K – $313.5K
NOI $18,811 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$342.2K
$299.4K – $399.2K
NOI $23,953 @ 7.0% cap · market cap 4.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- BAY STREET FLOWERS OSPRY FLORIDA 34229 — E Bay Rd, Osprey, FL 34229
Frequently Asked Questions
What type of property is this?
Storefront property - CG-zoned commercial suite in a mixed-use center with shared parking and storefront signage options.
Where is this storefront property located?
The property is located at Osprey, FL.
What is the asking price?
The asking price for this property is $562,900.
What are key features of this property?
This property features: 1,204‑square‑foot ground‑floor commercial condominium; CG zoning; Built in 2008; block construction with central air
