Multi-Building Office and Medical
37220 GLENWOOD Avenue Myakka City, FL 34251
For Sale
$900,000
SINGLE_FAMILY - MYAKKA CITY, FL
Property Size3,338 SF
Lot Size2.40 Acres
Price / SF$269.62
Days on Market226
Property Features for 37220 GLENWOOD Avenue
General Information
Property type
Residential
Property subtype
Office
Zoning
VIL
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
192000107
Size
3,338 SF
Lot size
2.40 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOTS 9, 10, 11, 12 & 13 BLK 90 MYAKKA CITY REC IN PB 3 P 12 (1473/2853) PI#1920.0010/7 Also, 3 Additional Legal Descrip. See files.
Tax Annual Amount
6900
Utilities
Utilities
Electricity Available
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Well
Building Details
Year built
2000
Floors in Building
1
Flooring type
Linoleum, Tile - Ceramic, Laminate
Building materials
Block, Metal Frame, Stucco, Vinyl Siding
Roof type
Metal
Additional Structures
Outbuilding
Listing Agency:
EXIT KING REALTY
(941) 497-6060
Listed By:
Christina Dakin · License #0636561
(941) 737-5058
Added: Dec 15, 2025
Changed: Jul 28
Last Checked: Jul 29 at 5:06PM
MLS# A4675359
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.
Investment Insights
Based on property information with market context.
This for-sale commercial complex includes four parcels and multiple buildings designed for flexible use. The main building was previously a real estate office and offers two separate addresses with two separate bathrooms, along with a reception area, a large office area suitable for multiple desks, a conference room, and an additional private office.
A second building was used as a medical office and includes three examination rooms, a business office, and two bathrooms, with the ability to be modified for other uses. A third metal-sided building has been used for storage. The property includes two wells and is zoned VIL.
The buildings can be seen directly from State Road 70, supporting a visible commercial presence in Myakka City’s high-traffic area.
A second building was used as a medical office and includes three examination rooms, a business office, and two bathrooms, with the ability to be modified for other uses. A third metal-sided building has been used for storage. The property includes two wells and is zoned VIL.
The buildings can be seen directly from State Road 70, supporting a visible commercial presence in Myakka City’s high-traffic area.
Key Highlights
- Commercial complex built in 2000 with block, metal frame, stucco, and vinyl siding
- Main building includes a reception area, large multi‑desk office area, conference room, and private office
- Main building has 2 separate addresses and 2 separate bathrooms for potential 2‑lease setup
Financial Insights For Office B
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 | $76.9k | $23.04 |
| − Vacancy | −$4.2k | −$1.27 |
| EGI | $72.7k | $21.77 |
| − OpEx | −$18.2k | −$5.44 |
| NOI | $54.5k | $16.33 |
3,338 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$778.7K
$681.4K – $908.5K
NOI $54,508 @ 7.0% cap · market cap 6.06%
Second Best
Healthcare Medical
$736.2K
$644.2K – $858.9K
NOI $51,534 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$981.6K
$858.9K – $1.15M
NOI $68,712 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Complex includes an office building with two separate addresses and bathrooms, plus a medical office and a metal-sided storage building.
Where is this office building located?
The property is located at 37220 GLENWOOD Avenue Myakka City, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Commercial complex built in 2000 with block, metal frame, stucco, and vinyl siding; Main building includes a reception area, large multi‑desk office area, conference room, and private office; Main building has 2 separate addresses and 2 separate bathrooms for potential 2‑lease setup
