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Built-Out Medical Office Suite
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5715 21st Ave W, Bradenton, FL 34209

Configured for medical operations with exam, laboratory, administrative, and patient-facing areas in a professional center.

Property Size3,095 SF
Price / SF$355.41
Days on Market8

Property Features for 5715 21st Ave W

General Information

Standard status Active
Size 3,095 SF
Class A
Total Parking Spaces 2
Property subtype Office
Zoning P

Building Details

Units 4
Listing Agency: American Property Group of Sarasota Inc
Listed By: Adam Doak · License #FL 3271713
Source: Crexi
Added: Jul 29 Changed: Aug 5 Last Checked: Aug 5 at 3:01AM

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 American Property Group of Sarasota Inc

Investment Insights

Based on property information with market context.

This 3,095-square-foot medical office suite is fully built out within Oak Park Medical and Professional Center. The layout includes four exam rooms, a laboratory, multiple private offices, a patient reception and waiting area, a billing office, and a dedicated data and phone room. Six restrooms are provided, including private facilities in three of the four offices. A breakroom with kitchen area completes the interior configuration.

The property is located at 5715 21st Ave W in Bradenton, next to HCA Florida Blake Hospital. The suite includes two covered parking spaces and a private entrance, adding dedicated access for physicians or staff. The property is zoned P.

Key Highlights

  • 3,095 SF medical office suite in Oak Park Medical and Professional Center
  • Four exam rooms plus laboratory and multiple private offices
  • Six restrooms, including private facilities in three of four offices

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 $71.3k $23.04
− Vacancy −$3.9k −$1.27
EGI $67.4k $21.77
− OpEx −$16.8k −$5.44
NOI $50.5k $16.33
3,095 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$722.0K
$631.8K – $842.3K (±1% cap)
NOI $50,540 @ 7.0% cap · market cap 4.59%
Second Best
Healthcare Medical
$682.6K
$597.3K – $796.4K (±1% cap)
NOI $47,782 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$910.1K
$796.4K – $1.06M (±1% cap)
NOI $63,710 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Digestive Disease Specialist: ... Physician Rimantas Zalepuga Physician Marco Antonio Rabines-Burga Physician Mary Dufek Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

858
Businesses Nearby
Under-served
Demand for This Use

Demographics for 34209, FL

32,940
Population
18,896
Households
1.7
Avg Household Size
58
Median Age
36%
College-Educated
93%
High-School Grad
12.6 sq mi
ZIP Area
2,614
Density / Sq Mi
$80,829
Median Household Income
$41,649
Median Earnings
$1,847
Median Rent
$357,300
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured for medical operations with exam, laboratory, administrative, and patient-facing areas in a professional center.
Where is this medical office space located?
The property is located at 5715 21st Ave W Bradenton, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,095 SF medical office suite in Oak Park Medical and Professional Center; Four exam rooms plus laboratory and multiple private offices; Six restrooms, including private facilities in three of four offices
(941) 923-0535 Call to check price and availability
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