Two-Building Professional Office
5900 PAN AMERICAN Boulevard North Port, FL 34287
New
For Sale
$5,950,000
SINGLE_FAMILY - NORTH PORT, FL
Property Size28,052 SF
Lot Size2.76 Acres
Price / SF$212.11
Days on Market7
Property Features for 5900 PAN AMERICAN Boulevard
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- PCD
- Standard status
- Active
- APN
- 0997005065
- Size
- 28,052 SF
- Lot size
- 2.76 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- COM AT INTRS OF C/L OF PAN AMERICAN BLVD & N R/W LINE OF TAMIAMI TR, TH SELY ALG CURVE TO RIGHT 40.03 FT FOR POB TH N-13-27-52-E 290.20 FT TO 100 FT CANAL R/W, TH SELY ALG CURVE TO RIGHT 220.85 FT TH S-76-32-08-E 74.20 FT TH SELY ALG CURVE TO RIGHT 219.91 FT TH S-13-27-52-W 150 FT TO NLY R/W OF TAMIAMI TR, TH N-76-32-08-W 214.20 FT TH NWLY ALG CURVE TO LEFT 220.85 FT TO POB, SUBJ TO 19275 C-SF DRAINAGE MAINTENANCE ESMT TO NORTH PORT ROAD & DRAINAGE DISTRICT AS DESC IN ORI 2006173327, CONTAINING 2.7 C-AC M/L
- Tax Annual Amount
- 61429
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2007
- Floors in Building
- 3
- Building materials
- Block, Stucco
- Roof type
- Tile
Listing Agency:
RE/MAX ALLIANCE GROUP
(941) 639-1376
Listed By:
Gerald Hayes · License #625093
(941) 456-1155
Added: Jul 20
Changed: Jul 21
Last Checked: Jul 26 at 10:06AM
MLS# C7528564
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.
Pan American Professional Center offers two multi-story Mediterranean-style office buildings with elevator service, built in 2007 and 2008. Building #1 is a two-story facility with 8,076 total square feet (7,672 under air). Building #2 is a three-story facility with 21,290 total square feet (20,380 under air). The property sits on 2.76 acres with maintained grounds featuring a fountain and gazebo, and includes 100 parking spaces.
The campus is positioned on the corner of US 41 and Pan American Blvd, with zoning designated as PCD (Planned Commerce Development).
This setup supports a range of professional uses, including executive suites, medical and office use, attorney offices, educational facilities, and corporate headquarters.
The campus is positioned on the corner of US 41 and Pan American Blvd, with zoning designated as PCD (Planned Commerce Development).
This setup supports a range of professional uses, including executive suites, medical and office use, attorney offices, educational facilities, and corporate headquarters.
Key Highlights
- Two multi‑story Mediterranean‑style office buildings with elevators
- Building #1: built 2007, 2 stories, 8,076 total SF and 7,672 SF under air
- Building #2: built 2008, 3 stories, 21,290 total SF and 20,380 SF under air
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 | $605.9k | $21.60 |
| − Vacancy | −$60.6k | −$2.16 |
| EGI | $545.3k | $19.44 |
| − OpEx | −$136.3k | −$4.86 |
| NOI | $409.0k | $14.58 |
28,052 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.84M
$5.11M – $6.82M
NOI $408,998 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.97M
$6.98M – $9.30M
NOI $558,082 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Two multi-story office buildings with elevator service and landscaped grounds, offering 100 parking spaces on a PCD site.
Where is this office building located?
The property is located at 5900 PAN AMERICAN Boulevard North Port, FL.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Two multi‑story Mediterranean‑style office buildings with elevators; Building #1: built 2007, 2 stories, 8,076 total SF and 7,672 SF under air; Building #2: built 2008, 3 stories, 21,290 total SF and 20,380 SF under air
