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    1514 Port St Lucie Blvd Port St. Lucie, FL 34952

    Sponsored
    For Sale
    $799,900

    Mixed-use building, high visibility, 100% occupied.

    Property size:
    2,384 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,384 square foot mixed-use commercial property, located at 1514 SE Port St Lucie Boulevard in Port St. Lucie, Florida (zip code 34952), presents a compelling investment opportunity. The building, constructed in 1978 and boasting a recently updated (2022) roof, offers six units and is currently 100% occupied, generating an 8.20% cap rate. The property features a versatile layout ideal for a variety of business uses, including medical, pharmacy, and traditional office spaces. The ground floor comprises three separate offices and a kitchen, providing a functional and efficient workspace. Upstairs, a three-bedroom, two-bathroom residential area offers flexibility for live-work arrangements or potential rental income. The property benefits from high visibility due to its corner lot location and includes ten dedicated parking spaces. This turnkey operation is ready for immediate occupancy and represents a strong investment in a thriving area. The asking price is $799,900.

    Property Features for 1514 Port St Lucie Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,384 SF

    Building Details

    Year Built
    1978
    Units
    6

    HighLights

    • 2,384 SF mixed‑use building in Port St. Lucie, FL (34952).
    • Six‑unit property, 100% occupied, 8.20% cap rate.
    • Recently updated (2022) roof.
    • Versatile layout suitable for medical, pharmacy, or office uses.
    • Ground floor features three offices and a kitchen; upstairs has a three‑bedroom, two‑bathroom residential unit.
    • Corner lot with ten parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    A Advantage Insurance, a division ... Home Insurance Agency Lucie Garage Door ... Garage Door Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -80.306093918065
    Latitude
    27.270953415172

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    FAQs

    What type of property is this?
    Individual retail property - Mixed-use building, high visibility, 100% occupied.
    Where is this individual retail property located?
    The property is located at 1514 Port St Lucie Blvd Port St. Lucie, FL.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: 2,384 SF mixed-use building in Port St. Lucie, FL (34952).; Six-unit property, 100% occupied, 8.20% cap rate.; Recently updated (2022) roof.
    Request Owner's contact information
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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
    1514 Port St Lucie Blvd Port St. Lucie, FL 34952
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