Assisted Living Home with
For Sale
$635,000
2150 SW Imperial St, Port St Lucie, FL 34987
Custom-built CBS pool home operating as a proven home care assisted living business with fenced yard and screened patio.
Property Size2,864 SF
Price / SF$221.72
Days on Market58
Property Features for 2150 SW Imperial St
General Information
Standard status
Active
Size
2,864 SF
Additional Details
Business Included
Yes
Fenced Yard
Yes
Amenities
pool
screened patio
fire pit
Building Details
Year Built
2004
Construction
cbs
Listing Agency:
Lemon Drop Realty
Listed By:
Matthew Lemon · License #B26049726
(561) 818-8314
Source:
Thepennteam
Added: Jul 20
Changed: Sep 10
Last Checked: Sep 14 at 3:02PM
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 Lemon Drop Realty
Investment Insights
Based on property information with market context.
This custom-built CBS pool home is offered for sale with a proven home care assisted living business. The property features a split floor plan with an open-concept layout, soaring volume ceilings, architectural niches, updated kitchen and bathrooms, and tile flooring throughout. The kitchen includes granite counters, a decorative backsplash, breakfast bar, upgraded appliances, a large pantry, and a bright breakfast nook. The primary suite offers volume ceilings, dual closets, and a spa-like bath with dual vanities, garden tub, separate water closet, and a large walk-in shower with a privacy window. Three additional guest bedrooms share a cabana-style bath. Outside, the home includes a huge fenced yard, an oversized screened patio, and a custom pool with multiple sitting areas, plus a brand-new outdoor fire pit.
Located at 2150 SW Imperial Street in Port St. Lucie, the home is presented as a non-HOA property and includes a two-car garage.
Located at 2150 SW Imperial Street in Port St. Lucie, the home is presented as a non-HOA property and includes a two-car garage.
Key Highlights
- Custom‑built 4BR/2BA CBS pool home (Year Built 2004) with 2‑car garage
- Operating home care assisted living business included; property description notes a proven business
- Updated kitchen with granite counters, breakfast bar, large pantry, and upgraded appliances
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,049
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$780,980
$781.0K
Cap Rate 7%
$557,843
$557.8K
Cap Rate 9%
$433,878
$433.9K
Market Conditions
NOI Build-Up for 2,864 SF
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.
Gross rent
$74.6K $26.04/SF
− Vacancy
−$3.6K −$1.25/SF
EGI
$71.0K $24.79/SF
− OpEx
−$31.9K −$11.16/SF
NOI
$39.0K $13.63/SF
Area
St. Lucie County, FL
Vacancy
4.80%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$780,980
Cap Rate 7%
$557,843
Cap Rate 9%
$433,878
Alternative Uses
Best Use
Apartment 5plus
$557.8K
$488.1K – $650.8K
NOI $39,049 @ 7.0% cap · market cap 6.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$720.3K
$630.2K – $840.3K
NOI $50,418 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34987, FL
14,430
Population
8,619
Households
1.7
Avg Household Size
56
Median Age
39%
College-Educated
96%
High-School Grad
114.4 sq mi
ZIP Area
126
Density / Sq Mi
$79,560
Median Household Income
$54,126
Median Earnings
$1,994
Median Rent
$430,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Assisted living facility - Custom-built CBS pool home operating as a proven home care assisted living business with fenced yard and screened patio.
Where is this assisted living facility located?
The property is located at 2150 SW Imperial St Port St Lucie, FL.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Custom‑built 4BR/2BA CBS pool home (Year Built 2004) with 2‑car garage; Operating home care assisted living business included; property description notes a proven business; Updated kitchen with granite counters, breakfast bar, large pantry, and upgraded appliances
