10 AC @ 9 Units/AC Lots of Uses Available!

Vacant Land for Sale
Catylist Listing ID: 30049863
Property Subtypes: Multi-Family, Office
Gross Land Area: 10 Acres
Sale Price: $6,995,000
Unit Price: $699,500 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/26/2020

Overview / Comments

Approved for Assisted Living Facility(ALF) or Memory Care
9 Units Per Acre
900+ Feet of Frontage on Tamiami Trail/US41 in Osprey, FL!
One of the last large parcels available in Sarasota County with a Tamiami address!
Located directly in the path of progress, this 10AC parcel is ready to build on with all entitlements in place!
Up to 46,000SF of Office Space!
Existing office building on property with water, sewer & electricity.
Easy access to Tamiami from South or North with simple median cuts at Southbay Drive/Luminary Blvd.
Join massive new development nearby, new shopping plazas, restaurants, apartments/condos and single family homes!

Located at the North East Side of the intersection of Luminary Blvd and Tamiami Trail in Osprey, FL

Includes existing 4,000SF Freestanding Office Building with water, sewer and electricity!

Property WAS zoned for multifamily multi-story townhomes, owner says may be easy to rezone back!

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0155130024
Zoning: OPI
Property Visibility: Excellent
Lot Frontage: 900

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,597 21,478 51,716
Median Age: 57.49 60.51 61.63
Households: 1,238 10,524 26,804

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