Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated End Unit in Palm City Title is generated by Realmo AI

    1133 SW Martin Downs Boulevard, Palm City, FL 34990

    View on Map
    Claim this Listing
    For Lease
    $1,585/Mo $29 SF/Yr (calc)

    COMMERCIAL - Palm City, FL

    Type:Retail
    Property size:
    650 SF
    Added:
    Mar 5, 2026
    Days on Market:
    89
    Last Refresh:
    Jun 2 at 8:06 am

    Property Features for 1133 SW Martin Downs Boulevard

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    Com
    Bathrooms
    1
    Rooms
    Bathroom 1
    Standard status
    Active
    APN
    173841010011000405
    Size
    650 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    CLEVELAND ADDN LOTS 4 & 5 (LESS R/W) BLK K
    Tax Annual Amount
    12533

    Building Details

    Year built
    1983
    Floors in Building
    1
    Number of units
    1

    We can help!

    Listing Contact
    Michael Caputo
    Michael Caputo

    Listing agent Michael Caputo License #3253993

    Listing office Paradise Real Estate Intl 601 Heritage Drive, Ste 111, Jupiter, FL

    Listing date Mar 5, 2026

    MLS# R11168943

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High exposure to Palm City's busiest roadway.
    • Recently renovated building (3 years)
    • End unit.
    • Perfect for a professional office or light retail.
    • Built in 1983.
    • Contains at least one bathroom.

    Overview

    This commercial space is located in Palm City, Florida. The end unit is situated in a building that was recently and completely renovated approximately three years ago. With 650 square feet of space, it is suitable for a professional office or light retail. The property benefits from high exposure to Palm City's busiest roadway.
    Property Profile Location Intelligence

    Current Use by Public Records

    martin county sod Garden Center Skinny Dip Pool ... General Contractor Martin County Development ... Construction Company

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm City
    County
    Martin
    State
    Florida
    Longitude
    -80.268493
    Latitude
    27.172554

    Nearby Similar for Lease

    • $16 SF/Yr
      3,000 SF

      Flex Space Available For Rent

      Showroom/office/warehouse flex space with convenient highway access.
      1270 SW 34th St, Palm City, FL
      View Details
    • $45 SF/Yr
      774 SF

      Palm City Office Space Available

      Office space available for lease in Palm City, Florida.
      945 SW Martin Downs Blvd, Palm City, FL
      View Details
    • $18 SF/Yr
      1,498 SF

      Class A Office Space Available

      High-quality office space with conference rooms, kitchen, and convenient location.
      4205-4257 SW High Meadow Ave, Palm City, FL
      View Details
    • $800/Mo
      100 SF

      Furnished Office Suite For Rent

      Furnished 100 SF office suite with utilities included.
      1105 SW Martin Downs Blvd, Palm City, FL
      View Details
    • Contact for pricing
      5,258 SF

      Retail Space in Palm City

      Retail property with high visibility and strong demographics.
      3036-3066 SW Martin Downs Blvd, Palm City, FL
      View Details
    • $96 SF/Yr
      100 SF

      Furnished Office Suite For Rent

      Furnished 100 SF office suite with utilities included.
      1111 SW Martin Downs Blvd, Palm City, FL 34990
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Palm City

      Retail space anchored by Cleveland Clinic and national retailers.
      3078-3120 SW Martin Downs Blvd, Palm City, FL
      View Details
    • $12 SF/Yr
      17,192 SF

      Industrial Warehouse with Dual Access

      Industrial warehouse in Palm City with outdoor storage and features.
      4300 SW Mallard Creek Trl, Palm City, FL
      View Details
    • Contact for pricing
      2,446 SF

      Retail Space in Palm City

      Retail space with high visibility and accessibility in Palm City.
      3228 SW Martin Downs Blvd, Palm City, FL
      View Details

    FAQs

    What type of property is this?
    Retail space - Recently renovated commercial space suitable for office or retail.
    Where is this retail space located?
    The property is located at 1133 SW Martin Downs Boulevard Palm City, FL.
    What is the lease rate?
    The lease rate is $1,585 /Mo.
    What are key features of this property?
    This property features: High exposure to Palm City's busiest roadway.; Recently renovated building (3 years); End unit.
    (516) 330-9110
    We can help!
    Listing Contact
    Michael Caputo
    Michael Caputo
    Real Estate License ID: 3253993
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1133 SW Martin Downs Boulevard, Palm City, FL 34990
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!