Retail Suite with
For Sale
Contact for pricing
100 S 2nd Street # 205, Fort Pierce, FL 34950
The suite has a water connection and sink, with common-area services covering electricity, air conditioning, maintenance, and water.
Property Size15,274 SF
Price / SF$0.05
Days on Market259
Property Features for 100 S 2nd Street # 205
General Information
Standard status
Active
Size
15,274 SF
Property subtype
Retail
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$32,390
Amenities
public restrooms (stocked and cleaned)
limited Wi-Fi
some advertising
restaurant room service
Building Details
Building Size
15,274 SF
Year Built
1957
Listing Agency:
Florida Relocation Team, LLC
Listed By:
Gustavo Gutierrez · License #3253915
(786) 282-5722
Source:
Rennyrealty
Added: Feb 17
Changed: Oct 31
Last Checked: Oct 31 at 3:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Florida Relocation Team, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail suite is located within The Galleria in downtown Fort Pierce. A water connection and sink are available in the space. The building dates to 1957.
Common-area services include electricity, air conditioning and its maintenance, water, and public restrooms that are stocked and cleaned. Limited Wi-Fi, some advertising, and restaurant room service are also included among the listed services. The property is within walking distance of downtown retail shops, businesses, and restaurants.
Common-area services include electricity, air conditioning and its maintenance, water, and public restrooms that are stocked and cleaned. Limited Wi-Fi, some advertising, and restaurant room service are also included among the listed services. The property is within walking distance of downtown retail shops, businesses, and restaurants.
Key Highlights
- Retail suite in The Galleria, downtown Fort Pierce
- Water connection and sink available
- Common‑area services include electricity, air conditioning, AC maintenance, and water
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$176,094
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,521,880
$3.5M
Cap Rate 7%
$2,515,629
$2.5M
Cap Rate 9%
$1,956,600
$2.0M
Market Conditions
NOI Build-Up for 15,274 SF
Gross rent
$274.9K $18.00/SF
− Vacancy
−$23.4K −$1.53/SF
EGI
$251.6K $16.47/SF
− OpEx
−$75.5K −$4.94/SF
NOI
$176.1K $11.53/SF
Area
St. Lucie County, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,521,880
Cap Rate 7%
$2,515,629
Cap Rate 9%
$1,956,600
Alternative Uses
Best Use
Retail
$2.52M
$2.20M – $2.93M
NOI $176,094 @ 7.0% cap · market cap 23,479.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.84M
$3.36M – $4.48M
NOI $268,883 @ 7.0% cap · market cap 35,851.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,475
Businesses Nearby
63k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Dining 38%
Groceries 15%
Home Improvements & Furnishings 8%
KFC
Dining
16,103 visits/mo
0.3 miles
Save-A-Lot
Groceries
9,450 visits/mo
0.4 miles
Chevron
Shops & Services
8,428 visits/mo
0.4 miles
East Coast Lumber & Supply
Home Improvements & Furnishings
5,168 visits/mo
0.1 miles
Dunkin' Donuts
Dining
4,784 visits/mo
0.0 miles
Demographics for 34950, FL
16,582
Population
8,055
Households
2.1
Avg Household Size
37
Median Age
14%
College-Educated
64%
High-School Grad
5.2 sq mi
ZIP Area
3,189
Density / Sq Mi
$32,707
Median Household Income
$29,214
Median Earnings
$1,121
Median Rent
$175,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The suite has a water connection and sink, with common-area services covering electricity, air conditioning, maintenance, and water.
Where is this retail space located?
The property is located at 100 S 2nd Street # 205 Fort Pierce, FL.
What are key features of this property?
This property features: Retail suite in The Galleria, downtown Fort Pierce; Water connection and sink available; Common‑area services include electricity, air conditioning, AC maintenance, and water
