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Property profile & analytics
OFF-MARKET Estimated value $1,220,000
Office Spaces

1025 Martin Downs Blvd Palm City, FL 34990-2864

9,412 SF 0.44 ac lot Built 1983
Entity Owned 1-yr Hold Free & Clear
Property ID
US18-6275084
Property summary
AI-generated overview

This exceptional 9,412 square foot, two-story Class B office building in Palm City, Florida, is offered for sale at $1,250,000 ($132.81/SF). Situated on a 0.443-acre lot at 1025 SW Martin Downs Blvd, 34990, this multi-tenant property boasts 100% occupancy with month-to-month leases, providing immediate income and significant upside potential. Built in 1986, the building features 24 parking spaces and is zoned for commercial use. Its prime location at the foot of the Martin Downs Palm City bridge offers convenient access to I-95 and the Florida Turnpike, minimizing commute times. The current tenant mix allows a new owner the flexibility to renovate and reposition the property to increase rental income or create a customized space for their own business. This owner-user investment opportunity presents a compelling combination of immediate cash flow and long-term growth potential. The property includes one building, is classified as an Executive and Traditional Office space, and is sold as-is. The sale is a gross lease with no tenant credit rating. The APN is 17-38-41-019-000-01010-3.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1983
Construction FRAME
Total area 9,412 SF
Lot 0.44 ac (19,297 SF)
APN 17-38-41-019-000-01010-3
UPID US18-6275084
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Translations USA Translation Service
  • Z Group Design & Remodeling General Contractor
  • CertaPro Painters of Port St. Lucie, FL Painting Service General Contractor
  • ClaimSherpa.com Information Services
  • CamClaims.com Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.53M
Blend (final) Blend
$1.22M
Owner & transaction history
Savits Enterprises IV INC · 1 yrs held
Savits Enterprises IV INC
since 2024
Last sale
$1.1M
7 recorded transactions
2024
$1.1M
2019
$422,500
2015
$650,000
2014
Price N/A
2014
$480,000
1997
$515,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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