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Property profile & analytics
OFF-MARKET Estimated value $1,690,000
Office buildings

1631 Gatlin Blvd Port Saint Lucie, FL 34953-4101

9,570 SF 1.61 ac lot Built 2019
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US18-6188773
Property summary
AI-generated overview

This exceptional 1,288 square foot medical office space is ideally located within the Gatlin Kidney Care facility on heavily trafficked Gatlin Boulevard. Its strategic position between I-95 and Florida's Turnpike ensures excellent accessibility and high visibility. The property benefits from its proximity to a thriving commercial and medical hub, including the Cleveland Clinic Tradition Hospital, Florida International University/Torrey Pines Institute of Molecular Studies, and Keiser University, solidifying its position within the burgeoning New Research and Development Hub. The building itself is a robust concrete block structure featuring impact windows, a finished bathroom, a functioning HVAC unit, and a complete electrical system with a dedicated panel. Plumbing is fully installed, including a water heater and fire sprinkler system for enhanced safety. Demised walls provide defined space, and the concrete slab foundation offers durability. The unit is separately metered for efficient utility management. The property offers 5 parking spaces per 1,000 square feet of building space. The total building size is 9,570 square feet, with 1,288 square feet currently vacant and available. The property is zoned for professional use (APN: 3420-650-0018-000-5). This single-tenant space presents a unique opportunity for medical professionals seeking a well-equipped and strategically located office.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2019
Construction CONCRETE BLOCKS
Total area 9,570 SF
Lot 1.61 ac (70,000 SF)
Zoning code LIMITED MI
APN 3420-650-0018-000-5
UPID US18-6188773
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.99M
Comparable Approach Comparable
$1.92M
Blend (final) Blend
$1.69M
Owner & transaction history
Gatlin Investment Props LLC · 9 yrs held
Gatlin Investment Props LLC
since 2016
7 recorded transactions
2017
Price N/A
2017
Price N/A
2016
Price N/A
2014
$415,000
2013
$450,000
2009
$1.6M
2002
$60,000
Zoning & alternative use
LIMITED MI · Port Saint Lucie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.5M +47.0%
Neighborhood: shopping center $2.2M +26.7%
Retail stores $1.9M +13.3%
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