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Property profile & analytics
OFF-MARKET Estimated value $935,000
Office Spaces

1151 30th St Ste A Palm City, FL 34990-2985

6,984 SF 0.48 ac lot Built 1991
Trust Owned 6-yr Hold Free & Clear
Property ID
US18-5297235
Property summary
AI-generated overview

This exceptional two-story office building, located at 1151 SW 30th Street in Palm City, Florida, presents a compelling investment opportunity. Boasting 8,180 square feet, the property is currently 100% occupied across six individual units, each equipped with its own utility meter. Built in 1995, the building has recently undergone significant improvements, including a new metal roof and a new air conditioning system, ensuring long-term efficiency and reduced maintenance costs. The property benefits from ample parking, a significant advantage for tenants and their clients. Situated in a rapidly growing area of Palm City, this location offers excellent visibility and exposure for businesses seeking expansion. The long-term tenants provide a stable income stream, and the potential for future lease increases further enhances the investment potential. The property's location in Martin County, Florida, zip code 34990, offers easy access to major transportation routes and amenities. This is a rare opportunity to acquire a fully occupied, well-maintained office building in a high-growth market. The asking price is $2,900,000. The lot size is not specified.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1991
Total area 6,984 SF
Lot 0.48 ac (20,996 SF)
APN 17-38-41-001-033-00061-4
UPID US18-5297235
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
  • Dr. Daniel T. Spears Dental Office
  • Orthodontics by Bradford Dental Office
  • Senior Solutions Insurance Agency Insurance Agency
  • Eagle Insurance - Susan Hirsch Insurance Agency
  • Davis Insurance Group LLC Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$935k
Owner & transaction history
Wilcox,william B Trust · 6 yrs held
Wilcox,william B Trust
since 2019
1 recorded transaction
2019
$100
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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