Resort Lot with Tiki
464 Northwest Sandtrap Lane Port St Lucie, FL 34986
464 Northwest Sandtrap Lane, Port St Lucie, FL, 34986
$249,000
For Sale
$249,000
Paved resort lot near the clubhouse with a furnished tiki hut and kitchen, overlooking a tranquil lake and two fountains.
Property Size2,524 SF
Price / SF$98.65
Days on Market240
Property Features for 464 Northwest Sandtrap Lane
General Information
- Standard status
- Active
- Size
- 2,524 SF
- Property subtype
- Land
Listing agency
Florida Living Realty
(904) 910-5594
Listed by
Doreen Judge · License #3060462
(904) 910-5594
Source
Compass
Added: Nov 24, 2025 Updated: Jul 21 at 4:53AM Checked: Jul 22 at 9:08AM
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 Florida Living Realty
Investment Insights
Based on property information with market context.
This resort lot offers lake views and a backdrop that includes two fountains, with the property positioned near the clubhouse. The lot features a spacious tiki hut with a well-appointed kitchen, including granite countertops, ample storage, and two refrigerators.
The outdoor area is fully pavered and landscaped with mature palm trees and raised landscaped beds. The property also comes fully furnished, supporting a move-in ready setup.
Overall, the combination of lake and fountain views, paved grounds, and the included tiki hut and furnishings makes the lot well-suited for recreational use within the resort setting.
The outdoor area is fully pavered and landscaped with mature palm trees and raised landscaped beds. The property also comes fully furnished, supporting a move-in ready setup.
Overall, the combination of lake and fountain views, paved grounds, and the included tiki hut and furnishings makes the lot well-suited for recreational use within the resort setting.
Key Highlights
- Paved resort lot near the clubhouse with views of a tranquil lake and two fountains
- Spacious tiki hut with a well‑appointed kitchen
- Kitchen includes granite countertops, ample storage, and 2 refrigerators
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.3k | $13.20 |
| − Vacancy | −$4.0k | −$1.58 |
| EGI | $29.3k | $11.62 |
| − OpEx | −$15.4k | −$6.10 |
| NOI | $13.9k | $5.52 |
2,524 SF · lease $13.20/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$198.9K
$174.1K – $232.1K
NOI $13,926 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$634.7K
$555.4K – $740.5K
NOI $44,432 @ 7.0% cap · market cap 17.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Resorts
Similar For Sale Nearby
FAQs
What type of property is this?
Resort - Paved resort lot near the clubhouse with a furnished tiki hut and kitchen, overlooking a tranquil lake and two fountains.
Where is this resort located?
The property is located at 464 Northwest Sandtrap Lane Port St Lucie, FL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Paved resort lot near the clubhouse with views of a tranquil lake and two fountains; Spacious tiki hut with a well‑appointed kitchen; Kitchen includes granite countertops, ample storage, and 2 refrigerators
