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10+/- Acres across from new Publix in Osprey
505 Luminary Blvd, Osprey, FL 34229
Overview
| Price: | $7,499,000 |
|---|---|
| Property Type: | Land |
| Total Lot Size: | 10 Acres |
Highlights
- 9 Unit per Acre for Assisted Living Facility (ALF)
- 900' +/- Frontage on US41/S. Tamiami Trail
- Directly across the street from new Publix
- 46,000 SF of Office space allowable
- Electric, Water & Sewer in place
- Shovel Ready
- Easy access to Tamiami Trail from both ends of the property
Description
American Property Group of Sarasota, Inc. presents 505 Luminary Blvd, Osprey, Sarasota
Property Type: Commercial Land with Existing Office Building
Property Size: 10 Acres
Discover 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: A 4,000 SF freestanding office building equipped with water, sewer, and electricity.
Development Potential: Zoned for an Assisted Living Facility/Memory Care development with a density allowance of 9 units per acre.
Office Space Capacity: Potential to expand up to 46,000 SF of office space.
Prime Location: Ideally situated directly across from the new Publix and surrounded by significant new developments, including shopping centers, restaurants, residential apartments/condos, and single-family homes.
Infrastructure: Fully equipped with electric, water, and sewer connections, ensuring the property is shovel-ready for immediate development, Phase 1 already approved.
Accessibility: Convenient access to Tamiami Trail from both ends of the property, with easy median cuts at Southbay Drive and Luminary Blvd.
Strategic Positioning: Located on the northeast corner of the intersection of Luminary Blvd and Tamiami Trail in Osprey, FL, offering high visibility and strong growth potential.
Visit us online at www.AmericanPropertyGroup.com to see all our listings or call (941) 923-0535 at your convenience.
Location
Located at the North East Side of the intersection of Luminary Blvd and Tamiami Trail in Osprey, FL. Minutes from Pine View School, Tervis Tumbler and a brand new Publix anchored Shopping Center. This 10+/- AC parcel is just South of Casey Key and Blackburn Point Road in Osprey, FL.
Less than 3 minutes from I-75.
Lots
505 Luminary Blvd
| Size | 10 Acres |
|---|---|
| Price | N/A |
| Type | Office |
| Availability | On Market |
Contact Broker
Adam Seidel
American Property Group of Sarasota Inc
| Office | 941.923.0535 |
|---|
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