Flex Space Commercial
New
For Sale
Contact for pricing
1817 SW Biltmore Street #1817, Port St Lucie, FL 34984
The space allows a range of commercial activities, subject to landlord approval and applicable zoning.
Property Size6,160 SF
Price / SF$0.00
Days on Market3
Property Features for 1817 SW Biltmore Street #1817
General Information
Standard status
Active
Size
6,160 SF
Property subtype
Industrial
Building Details
Year Built
1988
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Dyango Yanez · License #3467098
(772) 828-0137
Source:
Lehmannflorida
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 2:21AM
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 EXP Realty LLC
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 800-square-foot flex space is a commercial bay in a property built in 1988. The landlord prohibits automotive-related businesses, and proposed uses require landlord approval and compliance with applicable zoning regulations. Shelving, cabinets, and the box AC unit belong to the prior tenant and are excluded.
The property is located at 1817 SW Biltmore Street in Port St. Lucie, Florida.
The property is located at 1817 SW Biltmore Street in Port St. Lucie, Florida.
Key Highlights
- 800‑square‑foot commercial bay
- Built in 1988
- Automotive‑related businesses are not permitted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,428
Suggested Prices Based on Cap Rates
Cap Rate 5%
$868,560
$868.6K
Cap Rate 7%
$620,400
$620.4K
Cap Rate 9%
$482,533
$482.5K
Market Conditions
NOI Build-Up for 6,160 SF
Gross rent
$76.9K $12.48/SF
− Vacancy
−$14.8K −$2.41/SF
EGI
$62.0K $10.07/SF
− OpEx
−$18.6K −$3.02/SF
NOI
$43.4K $7.05/SF
Area
St. Lucie County, FL
Vacancy
19.30%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$868,560
Cap Rate 7%
$620,400
Cap Rate 9%
$482,533
Alternative Uses
Best Use
Flex RnD
$853.3K
$746.7K – $995.6K
NOI $59,733 @ 7.0% cap · market cap 373,331.25%
Second Best
Warehouse
$753.3K
$659.2K – $878.9K
NOI $52,734 @ 7.0% cap · market cap 329,587.50%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,441 @ 7.0% cap · market cap 677,756.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
639
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34984, FL
16,721
Population
7,254
Households
2.3
Avg Household Size
44
Median Age
24%
College-Educated
85%
High-School Grad
9.8 sq mi
ZIP Area
1,706
Density / Sq Mi
$79,766
Median Household Income
$44,685
Median Earnings
$1,888
Median Rent
$324,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - The space allows a range of commercial activities, subject to landlord approval and applicable zoning.
Where is this flex space located?
The property is located at 1817 SW Biltmore Street #1817 Port St Lucie, FL.
What are key features of this property?
This property features: 800‑square‑foot commercial bay; Built in 1988; Automotive‑related businesses are not permitted
