Port Charlotte Medical Office
21942 EDGEWATER DR Port Charlotte, FL 33952
For Sale
Contact for pricing
Move-in ready medical office in established Port Charlotte medical corridor.
Property Size10,510 SF
Price / SF$299.71
Days on Market70
Property Features for 21942 EDGEWATER DR
General Information
Standard status
Active
Size
10,510 SF
Property subtype
Office
Building Details
Year Built
2004
Listing Agency:
Keller Williams Peace River
Listed By:
Danny Nix · License #Bk3307013
Source:
Crexi
Added: May 22
Changed: Jul 10
Last Checked: Jul 29 at 8:07PM
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 Keller Williams Peace River
Investment Insights
Based on property information with market context.
This fully built-out medical office space is located at 21942 Edgewater Drive in Port Charlotte’s established medical corridor. Situated directly on a canal, the property offers waterfront views and a professional setting. It is conveniently close to hospitals, medical offices, retail, restaurants, US-41, and other major area amenities. The property features 14 private offices, 13 exam rooms (including 3 wet rooms), a large reception and waiting area with seating for up to 30 patients, and a secondary waiting area. Additional spaces include a spacious board room, a large lab, a lab draw room, and a physical therapy office. Multiple storage areas are located throughout the suite. The property also includes a large employee kitchen and breakroom equipped with four ovens, two microwaves, a dishwasher, and abundant storage. The efficient layout is suitable for medical, cosmetic, therapy, research, or multi-specialty healthcare users seeking a move-in-ready facility in a desirable Port Charlotte location. The property size is 10510 square feet.
Key Highlights
- Move‑in ready, fully built‑out medical office space.
- Prime location in Port Charlotte's established medical corridor, close to hospitals, retail, and US‑41.
- Waterfront views from canal‑front property.
Financial Insights For Healthcare Medical
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 | $273.7k | $26.04 |
| − Vacancy | −$28.7k | −$2.73 |
| EGI | $244.9k | $23.31 |
| − OpEx | −$98.0k | −$9.32 |
| NOI | $147.0k | $13.98 |
10,510 SF · lease $26.04/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.10M
$1.84M – $2.45M
NOI $146,966 @ 7.0% cap · market cap 4.67%
Second Best
Office B
$1.86M
$1.63M – $2.17M
NOI $130,080 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$3.44M
$3.01M – $4.01M
NOI $240,889 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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- Kondelka Janice DVM — 4200 Kings Hwy, Port Charlotte, FL 33980
Frequently Asked Questions
What type of property is this?
Medical Office Space - Move-in ready medical office in established Port Charlotte medical corridor.
Where is this medical office space located?
The property is located at 21942 EDGEWATER DR Port Charlotte, FL.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Move‑in ready, fully built‑out medical office space.; Prime location in Port Charlotte's established medical corridor, close to hospitals, retail, and US‑41.; Waterfront views from canal‑front property.
