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    531 Port St Lucie Blvd Port St. Lucie, FL 34953

    For Sale
    $720,000

    ±0.94 Acre Commercial Land, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This ±0.94-acre commercial corner lot in Port St. Lucie, Florida, presents a rare development opportunity. Located at 531 SW Port St Lucie Blvd, this property boasts high visibility due to its frontage on Port St. Lucie Blvd and Chestnut Lane, a four-way intersection providing full access. The site is zoned for professional use and enjoys an annual average daily traffic count of 50,000 vehicles, ensuring significant exposure. Its strategic location is only 1/3 of a mile from Florida's Turnpike, placing it centrally between the highway, the bustling Gatlin Blvd, and the rapidly expanding Tradition area. The property's proximity to dense residential neighborhoods makes it exceptionally well-suited for a variety of commercial uses, including retail, restaurants, medical facilities, or office buildings. The parcel's APN is 3420-540-1619-000-7. The asking price is $720,000. Note that an adjacent 2.3-acre parcel is also available for expansion. Future land use designations include Residential, Office, and Institutional.

    Property Features for 531 Port St Lucie Blvd

    General Information

    Property type
    Land

    HighLights

    • High ROI potential: Residential, office, and institutional uses.
    • High traffic count: 50,000 AADT.
    • Excellent access: Four‑way intersection with full access.
    • Expansion opportunity: Adjacent 2.3‑acre parcel available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Port St. Lucie
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.364353171453
    Latitude
    27.270433297333

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    FAQs

    What type of property is this?
    Land - ±0.94 Acre Commercial Land, High Visibility
    Where is this land located?
    The property is located at 531 Port St Lucie Blvd Port St. Lucie, FL.
    What is the asking price?
    The asking price for this property is $720,000.
    What are key features of this property?
    This property features: High ROI potential: Residential, office, and institutional uses.; High traffic count: 50,000 AADT.; Excellent access: Four-way intersection with full access.
    (772) 286-6292
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    531 Port St Lucie Blvd Port St. Lucie, FL 34953
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    531 Port St Lucie Blvd Port St. Lucie, FL 34953
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