1514 SE Port St Lucie Blvd 2,384 SF 100% Leased Office Building Port Saint Lucie, FL 34952 $1,037,243 CAD ($435.09 CAD/SF) 6.84% Cap Rate
INVESTMENT HIGHLIGHTS
- 2,300 square foot free standing office on a 0.49-acre corner lot.
- Forecast predict that the area within a 3-mile radius will experience 19.48% population growth between '24-'29:
- High visibility: passed by 34,000 daily drivers: 62,008 residents live within a 3-square mile radius of the property.
EXECUTIVE SUMMARY
Discover this fantastic commercial property with 2,384 square feet of air-conditioned space, located on a nearly half-acre corner lot, offering incredible visibility for your business. Recently updated with a 2022 roof this property is move-in ready and perfectly suited for a variety of business needs. The first floor features versatile office space, including three separate offices and a kitchen area, ideal for a productive work environment. The second floor boasts a residential setup with three bedrooms and two bathrooms, providing additional flexibility for live-work arrangements or additional rental income. With 10 dedicated parking spots and an unbeatable location, this property is perfect for any business looking to establish a strong presence in a thriving area!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,384 SF
Building Class
C
Year Built
1978
Price
$1,037,243 CAD
Price Per SF
$435.09 CAD
Cap Rate
6.84%
NOI
$70,953 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,192 SF
Building FAR
0.11
Lot Size
0.49 AC
Zoning
LIMITED MIXED USE - More on St. Lucie Property Appraiser Site
Parking
12 Spaces (5.03 Spaces per 1,000 SF Leased)
AMENITIES
- Fireplace
- Kitchen
- Storage Space
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 34-22-525-0722-0004 | Improvements Assessment | $225,022 CAD |
| Land Assessment | $237,921 CAD | Total Assessment | $462,943 CAD |
