Vehicle Storage
7040 SE Federal Highway 11, Hobe Sound, FL 33455
For Sale
New
$555,000
The newly built space includes a half bath, work sink, air conditioning, and dedicated electrical hookups.
Property Size1,371 SF
Price / SF$404.81
Days on Market6
Property Features for 7040 SE Federal Highway 11
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Conditioned Warehouse
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
Air conditioning
Automatic lighting
Work sink
Half bath
Gated access
Perimeter cameras
30-amp hookup
50-amp hookup
Building Details
Building Size
Year Built
Listing Agency:
Donohue Real Estate, LLC
Listed By:
Patricia H Prose · License FL #3339986
(561) 351-5899
Source:
Pposf
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 10 at 3:31PM
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 Donohue Real Estate, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2026, this 1,371-square-foot warehouse is configured for vehicle and recreational asset storage. The interior includes 30-amp and 50-amp hookups, multiple household outlets, a work sink, and a half bath. Air conditioning and automatic lighting are also installed.
The property is in a gated community off US 1, with perimeter cameras and monitored access. Its electrical service and utility features support storage as well as on-site projects or display arrangements.
The property is in a gated community off US 1, with perimeter cameras and monitored access. Its electrical service and utility features support storage as well as on-site projects or display arrangements.
Key Highlights
- 1,371‑square‑foot vehicle storage space
- 30‑amp and 50‑amp electrical hookups
- Work sink and half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,178
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,560
$443.6K
Cap Rate 7%
$316,829
$316.8K
Cap Rate 9%
$246,422
$246.4K
Market Conditions
NOI Build-Up for 1,371 SF
Gross rent
$27.6K $20.16/SF
− Vacancy
−$1.5K −$1.13/SF
EGI
$26.1K $19.03/SF
− OpEx
−$3.9K −$2.85/SF
NOI
$22.2K $16.18/SF
Area
Martin County, FL
Vacancy
5.60%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,560
Cap Rate 7%
$316,829
Cap Rate 9%
$246,422
Alternative Uses
Best Use
Warehouse
$316.8K
$277.2K – $369.6K
NOI $22,178 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$393.9K
$344.7K – $459.6K
NOI $27,574 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33455, FL
20,799
Population
11,681
Households
1.8
Avg Household Size
60
Median Age
36%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
367
Density / Sq Mi
$74,149
Median Household Income
$35,161
Median Earnings
$1,193
Median Rent
$395,600
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Martin County, FL
Properties on Market for Warehouses in Martin County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Advanced Moving & Installation — 7714 SE Bay Cedar Cir, Hobe Sound, FL 33455
- Bee Safe Storage - Mariners — 7010 SE Federal Hwy, Stuart, FL 34997
Frequently Asked Questions
What type of property is this?
Warehouse - The newly built space includes a half bath, work sink, air conditioning, and dedicated electrical hookups.
Where is this warehouse located?
The property is located at 7040 SE Federal Highway 11 Hobe Sound, FL.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: 1,371‑square‑foot vehicle storage space; 30‑amp and 50‑amp electrical hookups; Work sink and half bath
