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Open-Plan Retail Space
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1302 Sw Bayshore Blvd, Port St Lucie, FL 34983

Flexible commercial unit within The Plaza, offering an adaptable layout for a range of retail concepts.

Property Size1,800 SF
Price / SF$0.02
Days on Market137

Property Features for 1302 Sw Bayshore Blvd

General Information

Standard status Active
Size 1,800 SF

Taxes and HOA fees

Annual Taxes $29,678
Listing Agency: RE/MAX Advance Realty II
Listed By: Anthony Gerald Askowitz · License #550119
Source: Exprealty
Added: Jun 2 Changed: Oct 11 Last Checked: Oct 15 at 12:43AM

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 RE/MAX Advance Realty II

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Investment Insights

Based on property information with market context.

This 1,800-square-foot retail unit provides a broad, open interior that can be configured around a variety of commercial concepts. The layout offers a straightforward starting point for businesses seeking space that can adapt to their operational needs and customer experience.

The property is situated within The Plaza at 1302 SW Bayshore Blvd in Port St. Lucie, placing the unit within an established commercial center. Its retail classification and flexible interior support a range of storefront-oriented uses.

Key Highlights

  • 1,800‑square‑foot retail unit
  • Open interior layout supports flexible configuration
  • Located within The Plaza at 1302 SW Bayshore Blvd

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,752
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,040 $415.0K
Cap Rate 7%
$296,457 $296.5K
Cap Rate 9%
$230,578 $230.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$32.4K $18.00/SF
− Vacancy
−$2.8K −$1.53/SF
EGI
$29.6K $16.47/SF
− OpEx
−$8.9K −$4.94/SF
NOI
$20.8K $11.53/SF
Area
St. Lucie County, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,040
Cap Rate 7%
$296,457
Cap Rate 9%
$230,578

Alternative Uses

Best Use
Retail
$296.5K
$259.4K – $345.9K (±1% cap)
NOI $20,752 @ 7.0% cap · market cap 64,850.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$452.7K
$396.1K – $528.1K (±1% cap)
NOI $31,687 @ 7.0% cap · market cap 99,021.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Mt Medical Training ... High School

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Restaurant Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

405
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Dining 24%
Enterprise Rent-A-Car Shops & Services
5,062 visits/mo 0.1 miles
Big Apple Pizza Dining
1,609 visits/mo 0.0 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial unit within The Plaza, offering an adaptable layout for a range of retail concepts.
Where is this retail space located?
The property is located at 1302 Sw Bayshore Blvd Port St Lucie, FL.
What are key features of this property?
This property features: 1,800‑square‑foot retail unit; Open interior layout supports flexible configuration; Located within The Plaza at 1302 SW Bayshore Blvd
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