Flex Condo For
1250 SW Biltmore Street, Port St Lucie, FL 34983
For Sale
$315,000
Pending
End unit flex condo available for immediate owner occupancy.
Property Size1,715 SF
Days on Market787
Property Features for 1250 SW Biltmore Street
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Listing Agency:
Reef To Ranch Real Estate, Inc
(772) 577-4077
Listed By:
Cooper A Osteen · License #3307813
(772) 332-9544
Source:
Exitrealty
Added: Sep 12, 2024
Changed: Aug 8
Last Checked: May 27 at 9:22AM
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 Reef To Ranch Real Estate, Inc
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 is an end unit flex condo available for sale. The property offers 1715 square feet of space. It is available for immediate owner occupancy.
Key Highlights
- End unit, offering added privacy.
- Condo, providing a low‑maintenance lifestyle.
- Available for immediate owner occupancy, move in right away!
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,630
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,600
$332.6K
Cap Rate 7%
$237,571
$237.6K
Cap Rate 9%
$184,778
$184.8K
Market Conditions
NOI Build-Up for 1,715 SF
Gross rent
$28.8K $16.80/SF
− Vacancy
−$3.2K −$1.88/SF
EGI
$25.6K $14.92/SF
− OpEx
−$9.0K −$5.22/SF
NOI
$16.6K $9.70/SF
Area
St. Lucie County, FL
Vacancy
11.20%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,600
Cap Rate 7%
$237,571
Cap Rate 9%
$184,778
Alternative Uses
Best Use
Flex RnD
$237.6K
$207.9K – $277.2K
NOI $16,630 @ 7.0% cap · market cap 5.28%
Second Best
Industrial
$172.7K
$151.1K – $201.5K
NOI $12,091 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$431.3K
$377.4K – $503.2K
NOI $30,191 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34983, FL
43,654
Population
17,799
Households
2.5
Avg Household Size
42
Median Age
27%
College-Educated
91%
High-School Grad
14.9 sq mi
ZIP Area
2,930
Density / Sq Mi
$72,787
Median Household Income
$40,538
Median Earnings
$1,739
Median Rent
$293,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in St. Lucie County, FL
Properties on Market for Flex space in St. Lucie County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Sunlight Kitchen — 477 SW Cashmere Blvd, Port St. Lucie, FL 34986
Frequently Asked Questions
What type of property is this?
Flex space - End unit flex condo available for immediate owner occupancy.
Where is this flex space located?
The property is located at 1250 SW Biltmore Street Port St Lucie, FL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: End unit, offering added privacy.; Condo, providing a low‑maintenance lifestyle.; Available for immediate owner occupancy, move in right away!
