6490 S US Hwy 1, Port St Lucie, FL 34952

Listing office eXp Realty Orlando j***@gmail.com Show Phone

Listing date Jun 24, 2025

Source Crexi

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Overview

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.

Suggested Use

Dental Office Real Estate Agency Law Firm Daycare Center Gym & Fitness Center Pharmacy Restaurant Auto Parts Store Big Box & Wholesale Store Computer & Electronic Repair

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

Similar Places 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

Location Insight

• Map
• Local Demand

City

Port St Lucie

County

St. Lucie

State

Florida

Longitude

-80.325371

Latitude

27.346984

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FAQs

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.