1262 SW Biltmore Street Port St Lucie, FL 34983
Fully built commercial kitchen and office condos in a commercial center, supported by infrastructure for culinary operations and meal prep.
Property Features for 1262 SW Biltmore Street
General Information
- Standard status
- Active
- Size
- 1,225 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2006
Listing office Jeremiah Baron & Co. Commercial Real Estate LLC (772) 291-8443
Listing date Jun 29, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Jeremiah Baron & Co. Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
The properties are located in the Biltmore Commercial Center between SW Biltmore Street and SW S Macedo Blvd. The combination of kitchen infrastructure and office space is designed to support day-to-day food production workflows while maintaining an on-site office presence.
For operators considering catering, meal prep, ghost kitchens, or specialty food manufacturing, these condos provide a practical in-place setup rather than starting from raw space. The build-out includes essential infrastructure suited to commercial culinary use, with flexible office configurations across the three units and additional mezzanine storage options for Unit 1260.
Key Highlights
- Condo units offered within Biltmore Commercial Center: (2) built‑out commercial kitchen condos and (1) office condo
- Unit 1258: built‑out 650 SF second‑floor office with three partitioned, fully air‑conditioned suites
- Unit 1260: 1,800 SF load‑bearing mezzanine for storage or potential office build‑out
Local Financial Insights For Specialty Retail
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 | $26.5k | $21.60 |
| − Vacancy | −$2.1k | −$1.68 |
| EGI | $24.4k | $19.92 |
| − OpEx | −$6.1k | −$4.98 |
| NOI | $18.3k | $14.94 |
