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    1246 NW Sun Terrace Circle Port St Lucie, FL 34986

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    For Sale
    $225,500

    MULTI_FAMILY - Other - Port St. Lucie, FL

    Property size:
    1,152 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $195/SF
    Added:
    Feb 6, 2026
    Days on Market:
    82
    Last Refresh:
    Apr 29 at 12:06 am

    Property Features for 1246 NW Sun Terrace Circle

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    PUD
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bedroom 1, Utility Room, Bedroom 2, Bathroom 2, Bathroom 1, Laundry Room
    Parking features
    Guest, Assigned
    Window features
    Skylight(s), Blinds, Drapes
    Patio and Porch features
    Patio
    Pets allowed
    Number Limit, Breed Restrictions, Yes
    Interior features
    Bedroom Layout - Split, Cathedral Ceiling(s), Pantry, Storage, Vaulted Ceiling(s)
    Appliances
    Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer, Water Heater
    Standard status
    Active
    APN
    332365900600003
    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 14D
    Tax Annual Amount
    2861
    Expense value
    125
    Expense
    Application Fee
    Expense freq.
    One Time

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1992
    Floors in Building
    1
    Flooring type
    Laminate
    Building materials
    CBS, Concrete
    Roof type
    Tile, Concrete
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Jennifer R Eggeling

    Listing agent Jennifer R Eggeling License #3228146

    Listing office RE/MAX Gold 10850 S US Highway 1, PORT SAINT LUCIE, FL

    Listing date Feb 6, 2026

    MLS# R11161548 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.

    Overview

    Updated Villa in Sun Terrace

    This updated villa is located in Sun Terrace, St. Lucie West. The Divosta quad features LVT flooring throughout the main living areas. The modern kitchen includes quartz countertops and comes complete with all appliances. An in-unit laundry is located in a utility closet. Additional storage is available in an exterior storage shed. The property includes a covered and screened lanai. The exterior was freshly painted in November 2025. The property size is 1152 square feet and the lot size is 0.05 acres. HOA dues cover lawn care, basic cable, exterior maintenance including the roof, and access to community amenities such as two swimming pools and tennis courts. It is located in Port St. Lucie, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Port St Lucie
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.388006
    Latitude
    27.322537

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    FAQs

    What type of property is this?
    Quadplex - Updated 2BR/2BA villa with modern kitchen and community amenities.
    Where is this quadplex located?
    The property is located at 1246 NW Sun Terrace Circle Port St Lucie, FL.
    What is the asking price?
    The asking price for this property is $225,500.
    What are key features of this property?
    This property features: Move‑in ready, updated 2BR/2BA villa with stylish LVT flooring throughout main living areas.; Modern kitchen with quartz countertops and all appliances included.; HOA covers lawn care, basic cable, exterior maintenance (including roof), and community amenities.
    (772) 785-6539
    We can help!
    Listing Contact
    Jennifer R Eggeling
    Real Estate License ID: 3228146
    Learn More
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    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
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