Four-Office Professional
7434 S Us Highway 1, Port Saint Lucie, FL 34952
For Sale
Contact for pricing
Reception space, a kitchenette, and a private restroom support a range of professional office functions.
Property Size1,350 SF
Price / SF$1.93
Days on Market103
Property Features for 7434 S Us Highway 1
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Additional Details
Condition
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Total R E Consultants Inc
Listed By:
J. Josep Pelayo · License FL #3005451
(954) 551-9427
Source:
Rennyrealty
Added: Jul 31
Changed: Nov 7
Last Checked: Nov 10 at 6:15PM
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 Total R E Consultants Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,350-square-foot office suite in Marlin Professional Center includes a reception area, four private offices, a kitchenette, and one restroom. The building was constructed in 1979, and the property is zoned CG-SPL (General Commercial).
The property has frontage on US Highway 1, with access to both US Highway 1 and I-95. It receives exposure to approximately 34,000 vehicles per day and has on-site parking. Nearby businesses include Publix, Walgreens, McDonald's, Subway, Ace Hardware, and 7-Eleven.
The property has frontage on US Highway 1, with access to both US Highway 1 and I-95. It receives exposure to approximately 34,000 vehicles per day and has on-site parking. Nearby businesses include Publix, Walgreens, McDonald's, Subway, Ace Hardware, and 7-Eleven.
Key Highlights
- 1,350‑square‑foot office suite with reception area and four private offices
- Kitchenette and one restroom
- Frontage on US Highway 1; access to US Highway 1 and I‑95
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,532
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,640
$350.6K
Cap Rate 7%
$250,457
$250.5K
Cap Rate 9%
$194,800
$194.8K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$30.0K $22.20/SF
− Vacancy
−$6.6K −$4.88/SF
EGI
$23.4K $17.32/SF
− OpEx
−$5.8K −$4.33/SF
NOI
$17.5K $12.99/SF
Area
St. Lucie County, FL
Vacancy
22.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,640
Cap Rate 7%
$250,457
Cap Rate 9%
$194,800
Alternative Uses
Best Use
Office B
$250.5K
$219.2K – $292.2K
NOI $17,532 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.5K
$297.1K – $396.1K
NOI $23,765 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
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
$242,100
Median Home Value
Market
Average Price Trend$/SF for Office Units in St. Lucie County, FL
Properties on Market for Office Units in St. Lucie County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Reception space, a kitchenette, and a private restroom support a range of professional office functions.
Where is this office unit located?
The property is located at 7434 S Us Highway 1 Port Saint Lucie, FL.
What are key features of this property?
This property features: 1,350‑square‑foot office suite with reception area and four private offices; Kitchenette and one restroom; Frontage on US Highway 1; access to US Highway 1 and I‑95
