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Medical Office Condo
New
For Sale
$650,000

2400 HARBOR BOULEVARD 21 - 22, Port Charlotte, FL 33952

Clinical rooms, administrative offices, staff facilities, and a separate physician entrance support a medical office configuration.

Property Size3,108 SF
Price / SF$209.14
Days on Market4

Property Features for 2400 HARBOR BOULEVARD 21 - 22

General Information

Standard status Active
Size 3,108 SF
Property subtype Medical Office

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Office Units 1

Amenities

communal storage area
monitored surveillance system

Building Details

Year Built 1979
Tenancy Multi
Listing Agency: KW PEACE RIVER PARTNERS
Listed By: Danny Nix · License #3307013
Source: Dennisrealty
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 9 at 6:18PM

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 KW PEACE RIVER PARTNERS

Investment Insights

Based on property information with market context.

This 3,108-square-foot medical office condominium combines Units 21 and 22 in a professional complex on Harbor Boulevard. The 1979-built suite contains six wet exam rooms, seven nurse stations, one private physician office, and two administrative offices, each sized for double desks. A staff breakroom and five bathrooms—including a private physician restroom—complete the interior. The physician also has a private rear entrance separate from patient circulation.

Building updates include an HVAC system installed in 2023 and a newer roof. The suite also has monitored video surveillance, and the complex provides shared onsite storage.

The property is in Port Charlotte’s medical and professional corridor, with access to US-41 (Tamiami Trail) and nearby healthcare providers, retail, and residential areas.

Key Highlights

  • Combined Units 21 and 22 provide 3,108 square feet of medical office space
  • Six wet exam rooms and seven nurse stations
  • One private physician office and two double‑desk administrative offices

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,461
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,220 $869.2K
Cap Rate 7%
$620,871 $620.9K
Cap Rate 9%
$482,900 $482.9K
Market Conditions
NOI Build-Up for 3,108 SF
Gross rent
$80.9K $26.04/SF
− Vacancy
−$8.5K −$2.73/SF
EGI
$72.4K $23.31/SF
− OpEx
−$29.0K −$9.32/SF
NOI
$43.5K $13.98/SF
Area
Charlotte County, FL
Vacancy
10.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,220
Cap Rate 7%
$620,871
Cap Rate 9%
$482,900

Alternative Uses

Best Use
Healthcare Medical
$620.9K
$543.3K – $724.4K (±1% cap)
NOI $43,461 @ 7.0% cap · market cap 6.69%
Second Best
Office B
$549.5K
$480.8K – $641.1K (±1% cap)
NOI $38,467 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$1.02M
$890.4K – $1.19M (±1% cap)
NOI $71,235 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Better Smiles Adult ... Dental Office Luis F Fernandez, ... Physician Dr. Gene F. ... Dental Office Better Smiles Adult ... Dental Office Foot & Ankle Center ... Medical Clinic

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Real Estate Agency Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,455
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33952, FL

32,084
Population
17,682
Households
1.8
Avg Household Size
52
Median Age
20%
College-Educated
88%
High-School Grad
11.0 sq mi
ZIP Area
2,917
Density / Sq Mi
$56,117
Median Household Income
$33,999
Median Earnings
$1,249
Median Rent
$224,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Clinical rooms, administrative offices, staff facilities, and a separate physician entrance support a medical office configuration.
Where is this medical office space located?
The property is located at 2400 HARBOR BOULEVARD 21 - 22 Port Charlotte, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Combined Units 21 and 22 provide 3,108 square feet of medical office space; Six wet exam rooms and seven nurse stations; One private physician office and two double‑desk administrative offices
More about this property
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