Financial
Distress signals
Property profile

505 Luminary Blvd Osprey, FL 34229

FOR SALE
Office buildings
Property ID
US18-6035712
4,000 SF 10.01 ac lot Built 2015
Last sale Mar 2002 · $301,300
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 10-acre commercial land parcel in Osprey, Florida, with more than 900 feet of frontage on Tamiami Trail/US 41. The site includes a freestanding 4,000-square-foot office building and is served by water, sewer, and electricity. It is situated across from a Publix and is adjacent to mixed-use development that includes shopping plazas, restaurants, apartments/condominiums, and single-family homes. The parcel is described as having entitlements and permits development consistent…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$2.96M
Assessed land$2.76M
Assessed improvement$209k
Effective rate0.81%

Value estimate

· Sep 2026
$930k
$837k – $1.02M
AI approach$825k
CAP approach$955k
Submarket $/SF estimate$1.00M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$367/SF
County average, outlier-cleaned · 494 recorded sales of this use type
Observed band · Q1–Q3$232 – $566
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
OPI
The intent of OPI zone is to permit small and large scale office, institutional, cultural, and allied uses, encourage large scale office,...
General categoryMIXED_USE
JurisdictionSARASOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.7
Hair Salon14.0
Auto Repair Shop11.7

Location

505 Luminary Blvd Osprey, FL 34229
County assessor Recorded deeds · not on file 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 14 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
470 Tamiami, Osprey, FL 34229-9312 $415,000 Oct 2023 1,272 SF
908 Old Venice, Osprey, FL 34229-9035 $165,000 Sep 2020 2,327 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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