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    Lakefront RV Lot Title is generated by Realmo AI

    385 NW Boundary Drive, Port St Lucie, FL 34986

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    For Sale
    $378,000

    LAND - Port St Lucie, FL

    Lot size:
    0.08 Acres
    Added:
    Nov 29, 2025
    Days on Market:
    189
    Last Refresh:
    Jun 6 at 5:06 pm

    Property Features for 385 NW Boundary Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    RV
    Standard status
    Active
    APN
    332393401760003
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    ST LUCIE WEST PLAT #118 OUTDOOR RESORTS AT ST LUCIE WEST-PHASE I - LOT 385
    Tax Annual Amount
    4883

    Utilities

    Water front features
    Lake
    Water front
    1

    We can help!

    Listing Contact
    Doreen Judge

    Listing agent Doreen Judge License #3060462

    Listing office Florida Living Realty 8970 SE Bridge Road, Hobe Sound, FL

    Listing date Nov 29, 2025

    MLS# M20053114 Listing URL

    Copyright © 2026 Martin County REALTORS® of the Treasure Coast, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Lakefront RV property with RV parking and lake views
    • North‑facing 3,514 SF lot with a park‑like grass area
    • Covered entertaining area with pavers
    • Fully equipped outdoor kitchen with grill, refrigerator, and double‑burner cooktop
    • Outdoor tiki area includes two all‑weather tikis, including a round design
    • Includes fire pit table, TV, umbrella, and fully furnished outdoor/included furnishings

    Overview

    This for-sale lakefront RV lot is an approximately 0.0807-acre parcel in Port St. Lucie, FL, positioned facing north. The property is set up for outdoor entertaining with a paver-covered entertaining area and a park-like grass section with ornamental decor. Outdoor amenities include two all-weather tikis, one with a round design, and a fully equipped outdoor kitchen featuring a grill, refrigerator, and double-burner cooktop. The lot is also furnished, with included items such as dining set, bar stools, seating, a fire pit table, TV, umbrella, and additional lamps. Lighting and landscaping are designed to highlight the setting, including an illuminated fountain visible from the lake view.

    The lake view is a prominent feature of the lot, along with lush greenery and exterior lighting throughout the property. An illuminated fountain adds a defined visual element after dark, supported by the landscaped grounds and additional exterior lighting.

    For RV owners, buyers, or operators seeking a lakefront site designed for immediate outdoor enjoyment, this property provides a ready-to-use entertaining environment with covered paver space, dedicated outdoor cooking, and included furnishings. The north-facing orientation and built-out outdoor features make it especially well-suited for year-round gatherings where the lake setting is central to the experience.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port St Lucie
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.40511
    Latitude
    27.336702

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    FAQs

    What type of property is this?
    Mobile home & RV park - North-facing lakefront lot with furnished RV-ready outdoor living features and illuminated fountain views.
    Where is this mobile home & rv park located?
    The property is located at 385 NW Boundary Drive Port St Lucie, FL.
    What is the asking price?
    The asking price for this property is $378,000.
    What are key features of this property?
    This property features: Lakefront RV property with RV parking and lake views; North‑facing 3,514 SF lot with a park‑like grass area; Covered entertaining area with pavers
    (904) 910-5594
    We can help!
    Listing Contact
    Doreen Judge
    Real Estate License ID: 3060462
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    385 NW Boundary Drive, Port St Lucie, FL 34986
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