Medical Office
2221 NORTH Boulevard W, Davenport, FL 33837
For Sale
$2,799,900
Commercial Sale, DAVENPORT, FL
Property Size7,600 SF
Lot Size0.25 Acres
Price / SF$368.41
Days on Market78
Property Features for 2221 NORTH Boulevard W
General Information
Property type
Property subtype
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
LPT REALTY, LLC
Listed By:
Daniel McIntee · License FL #3385913
(877) 366-2213
Added: Aug 27
Changed: Sep 29
Last Checked: Nov 12 at 6:06AM
MLS# P4939624
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 7,600-square-foot medical office property was built in 2002 on a 0.25-acre parcel. The building is currently occupied by medical and professional office users, including an OB/GYN office, and offers a layout adaptable to healthcare, administrative, and other professional operations. Block and concrete construction, central heating and central air, a shingle roof, public water, and public sewer support the existing improvements.
The property is located at 2221 North Boulevard W in Davenport, near US-17/92. Its position provides access to downtown Davenport, Haines City, Posner Park, I-4, and US-27, with nearby residential development, shopping, dining, medical services, and other businesses.
The property is located at 2221 North Boulevard W in Davenport, near US-17/92. Its position provides access to downtown Davenport, Haines City, Posner Park, I-4, and US-27, with nearby residential development, shopping, dining, medical services, and other businesses.
Key Highlights
- 7,600‑square‑foot medical office property on a 0.25‑acre parcel
- Built in 2002 with block and concrete construction
- Current occupancy includes medical and professional office users
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,144
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,102,880
$2.1M
Cap Rate 7%
$1,502,057
$1.5M
Cap Rate 9%
$1,168,267
$1.2M
Market Conditions
NOI Build-Up for 7,600 SF
Gross rent
$166.9K $21.96/SF
− Vacancy
−$26.7K −$3.51/SF
EGI
$140.2K $18.45/SF
− OpEx
−$35.0K −$4.61/SF
NOI
$105.1K $13.83/SF
Area
Polk County, FL
Vacancy
16.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,102,880
Cap Rate 7%
$1,502,057
Cap Rate 9%
$1,168,267
Alternative Uses
Best Use
Office B
$1.50M
$1.31M – $1.75M
NOI $105,144 @ 7.0% cap · market cap 3.76%
Second Best
Healthcare Medical
$1.46M
$1.27M – $1.70M
NOI $101,867 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$1.94M
$1.70M – $2.26M
NOI $135,841 @ 7.0% cap · market cap 4.85%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 33837, FL
36,302
Population
19,082
Households
1.9
Avg Household Size
40
Median Age
27%
College-Educated
90%
High-School Grad
51.3 sq mi
ZIP Area
708
Density / Sq Mi
$75,861
Median Household Income
$39,246
Median Earnings
$1,739
Median Rent
$297,700
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Polk County, FL
Properties on Market for Medical Office Space in Polk County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- St Charles Veterinary Hospital — 2360 North Blvd W, Davenport, FL 33837
Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing occupancy includes medical and professional office users in a flexible commercial layout.
Where is this medical office space located?
The property is located at 2221 NORTH Boulevard W Davenport, FL.
What is the asking price?
The asking price for this property is $2,799,900.
What are key features of this property?
This property features: 7,600‑square‑foot medical office property on a 0.25‑acre parcel; Built in 2002 with block and concrete construction; Current occupancy includes medical and professional office users
