66 Tamiami TrlOsprey, FL 34229

Property Details for 66 Tamiami Trl

Year built

1977

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.48 AC

Property size (Sq ft)

2,400 SF

Zone code

CG

Property type

Retail space

APN

0143-15-0099

APU

143150099

Description

This exceptional turnkey restaurant opportunity in Osprey, Florida, presents a 2,880-square-foot standalone building situated on a spacious 0.477-acre lot (20,800 sq ft). Built in 1977, the single-story structure is zoned CG and features ample parking, catering to the high volume of traffic on US 41. Currently configured as a pizza restaurant, the property boasts a fully operational kitchen, including a hood system, cooking equipment, and grease trap. The existing layout offers a seamless transition for various culinary concepts. The property benefits from prominent pylon and building signage, ensuring high visibility to the 50,000+ vehicles passing daily. Its strategic location near Osprey Walmart, Casey Key, Mad Moes, and Evie's at Spanish Point, places it within a thriving commercial corridor. The asking price is $2,000,000. This is an ideal opportunity for an established restaurant operator seeking a prime location with significant growth potential. The property's existing infrastructure and high-traffic location make it a truly exceptional investment. The APN is 0143150099. The address is 66 N Tamiami Trail, Osprey, FL 34229.

• CAP approach

  CAP return

  Valuation

  6%

  $935,838

  6.5%

  $863,850

  7%

  $802,147

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,213,287

  Geo Method

  $1,104,546

• Alternative Use

  Use

  Valuation

  Residential

  $728,690

  Hospitality

  $667,476

  Educational

  $555,332

  Medical

  $574,431

  Retail

  $863,850

Location Insight

City

Osprey

County

Sarasota

State

Florida

Latitude

27.1975

Longitude

-82.4898

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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