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Property profile & analytics
FOR LEASE
Commercial real estate
3976 Destination Dr Osprey, FL 34229
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-7757009
For Lease
1 / 34
Contact for pricing
3976 Destination Dr, Osprey, FL 34229
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Property summary
AI-generated overview
This exceptional 2,314 square foot storefront, located at 3976 Destination Dr. in Osprey, Florida (zip code 34229), presents a unique investment opportunity. Built in 2008 and extensively renovated in 2024, this single-story building boasts a modern design with wrap-around windows providing ample natural light. The open floor plan features tall ceilings with exposed metal ducts, along with designated office and storage areas, offering versatility for various retail uses. The property is situated in a thriving town center at a highly visible, signalized intersection in Sarasota County, within a diverse tenant mix including a florist, art galleries, a jeweler, coffee shop, Italian restaurant, and office spaces. The property is zoned CG and has an APN of 0147023001. Adding to its appeal, 252 residential units are currently under construction on-site, promising increased foot traffic and potential clientele. The asking price for this owner/user investment is $1,170,000.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMON AREA (COMMERCIAL)
Lot
0.37 ac (16,159 SF)
Zoning code
CG
APN
0147-02-1002
UPID
US18-7757009
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Osprey Dental, L.L.C. Dental Office
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By The Bay Bistro Cafe & Coffee Shop
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ZACHARY F. KESLING, DDS Dental Office
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Aven Clinic Functional Medicine Medical Clinic
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Delia Cotera Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gavilan LLC
Gavilan LLC
since 2026
7 recorded transactions
Zoning & alternative use
CG · Osprey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Osprey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Osprey submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Applied tax rate
100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMON AREA (COMMERCIAL)
Status
For Lease
Heating
NONE
Lot
0.37 ac (16,159 SF)
Zoning code
CG
APN
0147-02-1002
UPID
US18-7757009
Jurisdiction
SARASOTA
Zoning & alternative use
CG · Osprey, FLZoning CG · permitted uses
CG · Osprey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.37 ac
Current owner
From public records · entity-resolved
Gavilan LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3983 DESTINATION DR UNIT #104, OSPREY, FL 34229-9503
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2026
$100
Gavilan LLC
Cirka Benjamin
Quitclaim Deed
—
Jan 10, 2025
$425,000
Angie & Co LLC
Joerg Pohlmann
Warranty Deed
$382,500 · Joerg Pohlmann Etux
Aug 7, 2024
$480,000
Enya E Overholser
Baker Holdings & Investments LLC
Warranty Deed
$296,000 · Crews Bank & Trust
Jun 28, 2024
$875,000
Benjamin L Cirka
Joerg Pohlmann
Warranty Deed
—
Apr 10, 2024
—
Papyri Press LLC
Physical Therapy Doctors LLC
Quitclaim Deed
related
—
Oct 31, 2023
$355,000
Team Bullgator LLC
M Moss Enterprises LLC
Warranty Deed
$53,250 · The Bank Of Tampa
Aug 22, 2022
—
M Moss Enterprises LLC
C O M Of Sarasota INC
Warranty Deed
—
May 26, 2022
$270,000
C O M Of Sarasota INC
420 Golden Gate Point LLC
Warranty Deed
—
Nov 16, 2021
$397,500
Artlantic LLC
Giovanni Migliorini
Warranty Deed
—
Oct 4, 2021
$155,000
Baker Holdings & Investments LLC
Giovanni Migliorini
Warranty Deed
$487,300 · First Home Bank
Jun 9, 2021
$349,000
Monicas Boutique INC
Thelmellou LLC
Warranty Deed
$179,500 · Cadence Bank NA
Oct 19, 2020
$289,000
Physical Therapy Doctors LLC
Caithness Construction LLC
Warranty Deed
—
Sep 4, 2020
$155,000
Seekie LLC
Bay Street Partners LLC
Warranty Deed
—
Nov 12, 2019
$207,500
420 Golden Gate Point LLC
Sassari Properties LLC
Warranty Deed
—
Dec 31, 2018
$206,571
Giovanni Migliorini
Piras,carlo
Warranty Deed
—
Nov 5, 2018
—
Kesco LLC
—
Deed
related
$470,000 · Centerstate Bank Of Florida NA
Jun 1, 2018
$84,000
Giovanni Migliorini
Piras,carlo
Warranty Deed
—
Dec 14, 2017
$195,000
Sassari Properties LLC
Shear Paradise Salon INC
Warranty Deed
—
Apr 27, 2017
$30,000
Caithness Construction LLC
Bay Street Partners LLC
Grant Deed
—
Apr 3, 2017
$125,000
Carlo Piras
Bay Street Partners LLC
Warranty Deed
—
Feb 17, 2017
—
Caithness Construction LLC
—
Deed
related
$224,588 · Harbor Cmnty Bk
Jan 11, 2017
$310,000
Carlo Piras
Bay Street Partners LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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