Riverfront Office Suite with
3601 SE Ocean Boulevard Unit 203 Sewalls Point, FL 34996
3601 SE Ocean Boulevard Unit 203, Sewalls Point, FL, 34996
$300,000
For Sale
$300,000
Top-floor office suite with panoramic river views, private bathroom, and flexible office configuration.
Property Size780 SF
Price / SF$384.62
Days on Market2748
Property Features for 3601 SE Ocean Boulevard Unit 203
General Information
- Standard status
- Active
- Size
- 780 SF
- Property subtype
- Office
Building Details
- Year Built
- 1981
Listing agency
Illustrated Properties LLC / S
(772) 419-0402
Listed by
Stephen Dutcher · License #393825
(772) 419-0402
Source
Xome
Added: Jan 11, 2019 Updated: Jul 20 at 8:42PM Checked: Jul 21 at 3:11AM
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 Illustrated Properties LLC / S
Investment Insights
Based on property information with market context.
This top-floor office suite is approximately 780 square feet and is currently configured with one large private office overlooking the St. Lucie River, plus additional space for a reception area and another private office. Large windows support a panoramic view, and the suite includes a private bathroom and storage for files. A sliding opaque glass counter window separates the reception area. The primary office area can be partitioned into two offices, offering flexibility for different layout needs.
The building includes an elevator and provides open parking. The property is situated at the base of the Evans Crary Bridge at the intersection of East Ocean Blvd and S. River Road, facing west.
The suite is currently in law office use. The space includes a reception-focused layout with dedicated private rooms and a private restroom to support day-to-day client meetings and office administration.
The building includes an elevator and provides open parking. The property is situated at the base of the Evans Crary Bridge at the intersection of East Ocean Blvd and S. River Road, facing west.
The suite is currently in law office use. The space includes a reception-focused layout with dedicated private rooms and a private restroom to support day-to-day client meetings and office administration.
Key Highlights
- Top‑floor office suite with approximately 780 sq. ft. of usable space overlooking the St. Lucie River
- Panoramic river views and west‑facing unit with a waterfront (intercoastal) setting
- Large private office plus reception area and another private office; the main office can be partitioned into two offices
Local Financial Insights For Office B
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 | $16.8k | $21.60 |
| − Vacancy | −$3.7k | −$4.75 |
| EGI | $13.1k | $16.85 |
| − OpEx | −$3.3k | −$4.21 |
| NOI | $9.9k | $12.64 |
780 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$140.8K
$123.2K – $164.3K
NOI $9,856 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$204.9K
$179.3K – $239.1K
NOI $14,344 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Crystal Decker -Your ...
Real Estate Agency
Matt Yorgey South ...
Real Estate Agency
Lori K. Girouard ...
Physician
Credit Roosters, LLC
Financial Advisor
Megan Morici REALTOR
Real Estate Agency
FAQs
What type of property is this?
Office units - Top-floor office suite with panoramic river views, private bathroom, and flexible office configuration.
Where is this office units located?
The property is located at 3601 SE Ocean Boulevard Unit 203 Sewalls Point, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Top‑floor office suite with approximately 780 sq. ft. of usable space overlooking the St. Lucie River; Panoramic river views and west‑facing unit with a waterfront (intercoastal) setting; Large private office plus reception area and another private office; the main office can be partitioned into two offices
