505 Luminary Blvd, Osprey, Florida
List Price: $7,499,000
MLS Number: A4616676
Subdivision:

American Property Group of Sarasota, Inc. presents 505 Luminary Blvd, Osprey, SarasotaProperty Type: Commercial Land with Existing Office BuildingProperty Size: 10 AcresDiscover this exceptional opportunity with over 900 feet of frontage on Tamiami Trail/US41 in Osprey, FL! This is one of the last substantial parcels available in Sarasota County with a Tamiami address. Positioned directly in the path of progress, this 10-acre parcel is ready for development with all entitlements in place.Property Features:Existing Office Building: 4,000 SF Freestanding Office Building with water, sewer, and electricityDevelopment Potential: Density for Assisted Living Facility/Memory Care at 9 units per acreOffice Space Allowable: Up to 46,000 SF of office spacePrime Location: Directly across from the new Publix and adjacent to massive new developments, including shopping plazas, restaurants, apartments/condos, and single-family homesInfrastructure: Electric, water, and sewer in place, making the property shovel-readyAccessibility: Easy access to Tamiami Trail from both ends of the property with simple median cuts at Southbay Drive/Luminary BlvdStrategic Positioning: Located at the northeast side of the intersection of Luminary Blvd and Tamiami Trail in Osprey, FL