505 LUMINARY BLVD — photo 1
505 LUMINARY BLVD — photo 2
505 LUMINARY BLVD — photo 3
505 LUMINARY BLVD — photo 4
505 LUMINARY BLVD — photo 5
505 LUMINARY BLVD — photo 6
505 LUMINARY BLVD — photo 7
505 LUMINARY BLVD — photo 8
505 LUMINARY BLVD — photo 9
505 LUMINARY BLVD — photo 10

$7,499,000

505 LUMINARY BLVD, OSPREY, FL 34229

Active
4,000
Sqft
2015
Year built
$1,875
$/sqft

Property details

Type Commercial Sale
MLS # MFR731219655
Listed Jul 10, 2024
Days on market 414
HOA No
Pool No
County Sarasota
Data source Stellar MLS

About this home

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: 4,000 SF Freestanding Office Building with water, sewer, and electricity Development Potential: Density for Assisted Living Facility/Memory Care at 9 units to an acre Office Space Allowable: Up to 46,000 SF of office space Prime Location: Directly across from the new Publix and adjacent to massive new developments, including shopping plazas, restaurants, apartments/condos, and single-family homes Infrastructure: Electric, water, and sewer in place, making the property shovel-ready Accessibility: Easy access to Tamiami Trail from both ends of the property with simple median cuts at Southbay Drive/Luminary Blvd Strategic Positioning: Located at the northeast side of the intersection of Luminary Blvd and Tamiami Trail in Osprey, FL

Property records

Public records from the county assessor.

Assessor market value $2,523,900
Assessed value $1,167,913
Taxable value $1,167,913

Recent sales

Mar 19, 2002 $301,300

Keep exploring

Talk to the human who knows the house. Imagine that.

No spam. This goes straight to the home’s actual representative.

Create a free account to save this home and get alerts.

Data source

Stellar MLS

MLS #MFR731219655

Compare
+ Drag a home here to compare specs
+ Drag a home here to compare specs
+ Drag a home here to compare specs
Compare