1025 Martin Downs Blvd, Palm City, FL 34990-2864
- Office Spaces
- 9,412 SF
- 0.44 lot acres
Current Use by 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
Property Details for 1025 Martin Downs Blvd
- Year built
- 1983
- Construction
- FRAME
- Lot size
- 0.44 lot acres
- Property type
- Office Spaces
- APN
- 17-38-41-019-000-01010-3
- APU
- 173841019000010103
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 12, 2024 | $1,100,000 | Savits Enterprises IV INC | Westbridge Office Suites LLC | Warranty Deed | — |
| Aug 29, 2019 | $422,500 | Westbridge Office Suites LLC | Cecily A Buda | Warranty Deed | $423k · Centerstate Bank Of Florida NA |
| Jan 6, 2015 | $650,000 | Cecily A Buda | J & M Westbridge LLC | Warranty Deed | — |
| Dec 1, 2014 | — | J & M Westbridge LLC | Hewett Ents INC | Grant Deed · related | — |
| Sep 16, 2014 | $480,000 | J & M Westbridge LLC | Hewett Ents INC | Grant Deed | — |
| Oct 2, 1997 | $515,000 | Dehon Investments INC | Coulson Industries INC | Grant Deed | $386k · Seller |
| — | — | Hewett Ents INC | — | Deed Of Trust · related | $390k · Gulfstream Business Bank |
Description
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.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,530,000
- AI Estimate
- $1,097,000
Market price range: $1.44M - $3.36MMarket price range: $440k - $2.53M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,780,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Palm City
- County
- Martin
- State
- Florida
- Longitude
- -80.267
- Latitude
- 27.1726
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA
