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Office Unit with Marina Views
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2010 Harbortown W, Fort Pierce, FL 34946

Recent interior improvements and on-site parking support day-to-day office use.

Property Size8,385 SF
Price / SF$0.12
Days on Market14

Property Features for 2010 Harbortown W

General Information

Standard status Active
Size 8,385 SF
Property subtype Office

Building Details

Year Built 1988
Listing Agency: Branca Realty Professionals, L
Listed By: Kristi Lux · License #3424446
Source: Lehmannflorida
Added: Oct 7 Changed: Oct 19 Last Checked: Oct 19 at 2:39PM

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 Branca Realty Professionals, L

Rey
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Investment Insights

Based on property information with market context.

This office unit in Harbortown Marina has fresh paint and new flooring. Marina views provide a waterfront setting, and a restaurant on the marina is within walking distance. Parking is available for tenants and clients.

Key Highlights

  • Approximately 300 square feet of office space
  • Fresh paint and new flooring
  • Marina views at Harbortown Marina in Fort Pierce

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$105,953
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,119,060 $2.1M
Cap Rate 7%
$1,513,614 $1.5M
Cap Rate 9%
$1,177,256 $1.2M
Market Conditions
NOI Build-Up for 8,385 SF
Gross rent
$181.1K $21.60/SF
− Vacancy
−$39.8K −$4.75/SF
EGI
$141.3K $16.85/SF
− OpEx
−$35.3K −$4.21/SF
NOI
$106.0K $12.64/SF
Area
St. Lucie County, FL
Vacancy
22.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,119,060
Cap Rate 7%
$1,513,614
Cap Rate 9%
$1,177,256

Alternative Uses

Best Use
Office B
$1.51M
$1.32M – $1.77M (±1% cap)
NOI $105,953 @ 7.0% cap · market cap 10,595.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M (±1% cap)
NOI $147,610 @ 7.0% cap · market cap 14,761.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Florida Coast Yacht ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Real Estate Agency Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store Bakery

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

294
Businesses Nearby

Demographics for 34946, FL

6,793
Population
3,435
Households
2
Avg Household Size
42
Median Age
14%
College-Educated
72%
High-School Grad
15.2 sq mi
ZIP Area
447
Density / Sq Mi
$40,488
Median Household Income
$27,591
Median Earnings
$1,000
Median Rent
$128,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Recent interior improvements and on-site parking support day-to-day office use.
Where is this office unit located?
The property is located at 2010 Harbortown W Fort Pierce, FL.
What are key features of this property?
This property features: Approximately 300 square feet of office space; Fresh paint and new flooring; Marina views at Harbortown Marina in Fort Pierce
More about this property
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