Villa in St. Lucie
1202 NW Sun Terrace Circle, Port St Lucie, FL 34986
MULTI_FAMILY - Other - Port St. Lucie, FL
Property size:
1,152 SFLot size:
0.05 AcresPrice / SF:
$195/SF- Added:
- May 26, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 2 at 5:06 pm
Property Features for 1202 NW Sun Terrace Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
- Parking
- 2
- Parking features
- Assigned
- Pets allowed
- Breed Restrictions, Number Limit, Yes
- Interior features
- Bedroom Layout - Split, Pantry, Vaulted Ceiling(s)
- Exterior features
- Courtyard
- Appliances
- Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer, Water Heater
- Standard status
- Active
- APN
- 332365900990005
- Size
- 1,152 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LAKES AT ST LUCIE WEST PLAT-23- PATIO LOT 24C
- Tax Annual Amount
- 2202
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1992
- Floors in Building
- 1
- Flooring type
- Tile - Ceramic, Laminate
- Building materials
- CBS, Concrete, Concrete Block - With Stucco, Stucco
- Roof type
- Tile, Concrete
- Architectural style
- Other
Listing agent Bonnie L Meyo License #3009972 (772) 834-9632
Listing office Berkshire Hathaway Florida Realty 1430 St Lucie W Blvd St 102, Port St. Lucie, FL (772) 871-7411
Listing date May 26, 2026
MLS# B26033339
Listing URL
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
- Large screened courtyard provides additional living space with a private garden view and large yard
- Open floor plan connects the kitchen to the living/dining area
- Convenient location within walking distance to Publix, restaurants, banks, and LA Fitness
- Updated kitchen with stainless steel appliances and LED lighting
- A/C replaced in August 2020
- Laminate flooring throughout (except kitchen and bathrooms)
Overview
This villa is located in Sun Terrace at the Lakes in St. Lucie West. It features two bedrooms and two bathrooms. The kitchen opens to the living and dining area, creating an open floor plan. Mirrored closet doors with built-in shelves are in the bedrooms. Tile is in the kitchen and bathrooms, with laminate flooring throughout the rest of the villa. The kitchen includes stainless steel appliances and LED lighting. A large screened courtyard provides additional living space and overlooks the private garden view and large yard space. The A/C was replaced in August 2020. Sun Terrace is within walking distance to Publix, restaurants, banks, and LA Fitness. The property size is 1152 square feet and the lot size is 0.05 acres.
Local Financial Insights For Apartment 5plus
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 | $30.0k | $26.04 |
| − Vacancy | −$1.4k | −$1.25 |
| EGI | $28.6k | $24.79 |
| − OpEx | −$12.9k | −$11.16 |
| NOI | $15.7k | $13.63 |
1,152 SF · lease $26.04/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$224.4K
$196.3K – $261.8K
NOI $15,707 @ 7.0% cap · market cap 6.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$289.7K
$253.5K – $338.0K
NOI $20,280 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Port St Lucie
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.388534
- Latitude
- 27.31952
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Two-bedroom villa with open floor plan and private courtyard.
Where is this single family property located?
The property is located at 1202 NW Sun Terrace Circle Port St Lucie, FL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Large screened courtyard provides additional living space with a private garden view and large yard; Open floor plan connects the kitchen to the living/dining area; Convenient location within walking distance to Publix, restaurants, banks, and LA Fitness
