Rainbow Motel: Turnkey Investment
For Sale
Contact for pricing
6490 S US Hwy 1, Port St Lucie, FL 34952
Profitable motel with recent upgrades near beaches and amenities.
Property Size5,826 SF
Price / SF$283.21
Days on Market425
Property Features for 6490 S US Hwy 1
General Information
Standard status
Active
Size
5,826 SF
Property subtype
Hospitality
Zoning
Comm Genra
Net Operating Income
$225,000
Building Details
Year Renovated
2023
Listing Agency:
eXp Realty Orlando
(407) 616-5837
Listed By:
Justin Poritzky · License #SL3368214
Source:
Crexi
Added: Jun 24, 2025
Changed: Aug 11
Last Checked: Aug 21 at 4:14PM
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 Orlando
Investment Insights
Based on property information with market context.
The Rainbow Motel features 13 units available as weekly rentals. One of the units is a full 2-bedroom apartment, and the other 12 units are efficiencies. The property brought in a total net operating income of $225,000 for 2023. Since the current owner purchased the property, major upgrades have been completed. A majority of the units have been completely upgraded, including flooring, kitchens, paint, and bathrooms. The motel offers amenities such as in-room refrigerators, microwaves, guest laundry, and ADA-accessible rooms. The property is sited in close proximity to beaches, golf clubs, shopping centers, and restaurants. The property size is 5,826 square feet.
Key Highlights
- High Net Operating Income: $225,000 NOI in 2023.
- Strong Cap Rate: Nearly a 12 cap based on documented financials.
- Recent Upgrades: Majority of units completely upgraded with new flooring, kitchens, paint, and bathrooms.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
317
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34952, FL
42,630
Population
21,844
Households
2
Avg Household Size
53
Median Age
24%
College-Educated
91%
High-School Grad
24.6 sq mi
ZIP Area
1,733
Density / Sq Mi
$60,123
Median Household Income
$37,184
Median Earnings
$1,635
Median Rent
$242,100
Median Home Value
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Similar Off Market Nearby
- The Venue and Events @ St Lucie Square — St Lucie Square, 6666 US-1 Suite 1, Port St. Lucie, FL 34952
- Card House Port St Lucie — 6666 US-1, Port St. Lucie, FL 34952
- Rainbow Rentals — 6490 US-1, Port St. Lucie, FL 34952
Frequently Asked Questions
What type of property is this?
Motel - Profitable motel with recent upgrades near beaches and amenities.
Where is this motel located?
The property is located at 6490 S US Hwy 1 Port St Lucie, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: High Net Operating Income: $225,000 NOI in 2023.; Strong Cap Rate: Nearly a 12 cap based on documented financials.; Recent Upgrades: Majority of units completely upgraded with new flooring, kitchens, paint, and bathrooms.
