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$7,499,000 - 505 Luminary Boulevard, OSPREY

-
Bedrooms
-
Baths
4,000
SQ. Feet
10.01
Acres

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: 4,000 SF Freestanding Office Building with water, sewer, and electricity Development Potential: Density for Assisted Living Facility/Memory Care at 9 units per 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

Essential Information

  • MLS® #:
    A4616676
  • Price:
    $7,499,000
  • Bathrooms:
    0.00
  • Square Footage:
    4,000
  • Acres:
    10.01
  • Year Built:
    2015
  • Type:
    Commercial Sale
  • Sub-Type:
    Office
  • Status:
    Active

Community Information

  • Address:
    505 Luminary Boulevard
  • Area:
    Osprey
  • City:
    OSPREY
  • County:
    Sarasota
  • State:
    FL
  • Zip Code:
    34229

Interior

  • Cooling:
    None
  • # of Stories:
    1

Exterior

  • Foundation:
    Block

Additional Information

  • Days on Market:
    360
  • Zoning:
    OPI

Listing Details

  • Listing Office:
    American Property Group

Listing information courtesy of American Property Group.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on July 5th, 2025 at 3:04pm EDT.