Income-Producing Property in North
2525 BOBCAT VILLAGE CENTER Rd North Port, FL 34288
2525 BOBCAT VILLAGE CENTER Rd, North Port, FL, 34288
$2,800,000
For Sale
$2,800,000
Exceptional investment opportunity in a rapidly growing area.
Property Size12,100 SF
Lot Size1.00 Acre
Price / SF$231.40
Days on Market130
Property Features for 2525 BOBCAT VILLAGE CENTER Rd
General Information
- Standard status
- Active
- Size
- 12,100 SF
- Lot size
- 1.00 Acre
- Property subtype
- Commercial
Building Details
- Year Built
- 2007
Listing Agency
RE/MAX Harbor Realty
(863) 990-1748
Listed by
Walt Bethel · License #253500066
(863) 990-1748
Source
Elliman
Added: Mar 10 Checked: Jul 17 at 5:20 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Harbor Realty
Investment Insights
Based on property information with market context.
This income-producing property is located in the rapidly growing North Port/I-75 corridor, situated in Sarasota County within the Bobcat Village Center and adjacent to the Sarasota Memorial Emergency Room. The property consists of two Key West-style buildings totaling approximately 12,100 heated square feet. Building #1 includes five units (approx. 5,800 sq/ft), and Building #2 includes six units (approx. 6,200 sq/ft). All units are currently leased, offering a 100% occupancy rate. The site features 50 on-site parking spaces and is zoned PCD (Planned Community Development), a designation that allows for a variety of uses including medical, office, and daycare. These buildings are to be sold together and cannot be separated. Located 3 miles from I-75, 2.5 miles from US-41, and directly across from a premier golf course community, this well-maintained property presents an opportunity for investors seeking stable income and long-term growth in a high-demand area.
Key Highlights
- 100% Occupancy: Immediate cash flow from fully leased units.
- Prime Location: Situated in the rapidly growing North Port/I‑75 corridor, adjacent to Sarasota Memorial Emergency Room.
- High‑Demand Area: Presents a compelling opportunity for stable income and long‑term growth.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $223.6k | $18.48 |
| − Vacancy | −$23.3k | −$1.92 |
| EGI | $200.4k | $16.56 |
| − OpEx | −$90.2k | −$7.45 |
| NOI | $110.2k | $9.11 |
12,100 SF · lease $18.48/SF/yr · vacancy 10.40% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.57M
$1.38M – $1.84M
NOI $110,194 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.44M
$3.01M – $4.01M
NOI $240,724 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Exceptional investment opportunity in a rapidly growing area.
Where is this apartment building located?
The property is located at 2525 BOBCAT VILLAGE CENTER Rd North Port, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 100% Occupancy: Immediate cash flow from fully leased units.; Prime Location: Situated in the rapidly growing North Port/I‑75 corridor, adjacent to Sarasota Memorial Emergency Room.; High‑Demand Area: Presents a compelling opportunity for stable income and long‑term growth.
