550 NW University Blvd Port St Lucie, FL 34986
COMMERCIAL - Port St Lucie, FL
Property Features for 550 NW University Blvd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 3325-600-0010-400-6
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Description
- UNIVERSITY PARK ST LUCIE WEST PLAT #143 SECOND REPLAT IN PARCEL 21D (PB 41-29) THAT PART OF LOT 7 DESC AS UNIT F-104 MPDAF: FROM NW COR OF L
- Tax Annual Amount
- 7960
Building Details
- Year built
- 2006
- Floors in Building
- 1
Listing agent Nadine Pierre License #3176331 (754) 245-4016
Listing office Allison James Estates & Homes 1990 Main Street, Sarasota, FL (941) 500-4922
Listing date Jul 13, 2026
Copyright © 2026 Miami REALTORS®. 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.
The property is located in St. Lucie West and is directly across from Clover Park, home of New York Mets Spring Training facilities. The center is described as offering ample parking and convenient access to I-95 and Florida’s Turnpike, with nearby restaurants, shopping, hospitals, and other professional services.
The suite is currently vacant, supporting immediate occupancy for an owner-user or potential leasing plans for an investor. Buyer is responsible for verifying all measurements, zoning, permitted uses, condominium information, and association requirements.
Key Highlights
- Approximately 2,124‑SF professional office condominium suite in West Park Professional Centre, built in 2006
- Suite layout includes seven private offices plus reception/waiting area, storage area, and restroom
- Completely vacant, offering immediate owner‑user occupancy or potential for investor leasing to multiple tenants
Local Financial Insights For Healthcare Medical
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 | $53.5k | $25.20 |
| − Vacancy | −$5.6k | −$2.65 |
| EGI | $47.9k | $22.55 |
| − OpEx | −$19.2k | −$9.02 |
| NOI | $28.7k | $13.53 |
