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    Property profile & analytics

    1640 Seaway Dr Fort Pierce, FL 34949-3156

    • Turn key restaurants
    • 7,140 SF
    • 1.37 lot acres
    OFF-MARKET
    Value Estimation
    $3,455,000
    Last Sale
    Nov 22, 2023
    $4,000,000
    Location Intelligence
    Property ID
    US18-9762479
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mangrove Matties / Bar / Restaurant
    • Manatee Island Fort Pierce / Bar & Grill

    Property Details for 1640 Seaway Dr

    Year built
    1987
    Construction
    WOOD
    Lot size
    1.37 lot acres
    Property size
    7,140 SF
    Zone code
    TOURIST CO
    Property type
    Turn key restaurants
    APN
    2401-501-0269-000-8
    APU
    240150102690008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,140,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,195,000
      6.5%
      $3,515,000
      7%
      $4,285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,320,000
      Geo Method
      $3,850,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,890,000
      Retail
      $3,880,000
      Mixed-Use
      $3,895,000
      Hospitality
      $4,750,000
      Educational
      $4,780,000
      Residential Income
      $4,530,000
      Energy
      $4,225,000
      Income-Based Land
      $3,565,000
      Food Service
      $4,435,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.296
    Latitude
    27.4693
    CBSA code
    38940
    CBSA name
    PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $71,103
    $2,977,100
    $514,600
    $3,491,700
    -
    $2,977,100
    $514,600
    $3,491,700

    Comparable in this City

    • Value Estimation
      $185,000
      14,425 SF

      2400 Ocean Dr

      RESTAURANT • 14,425 SF
      2400 Ocean Dr, Fort Pierce, FL 34949-8018
      View Details
    • Value Estimation by Request
      425 SF

      1136 Seaway Dr

      RESTAURANT • 425 SF
      1136 Seaway Dr, Fort Pierce, FL 34949-3146
      View Details
    • Value Estimation
      $1,430,000
      4,199 SF

      822 Seaway Dr

      RESTAURANT • 4,199 SF
      822 Seaway Dr, Fort Pierce, FL 34949-3187
      View Details
    • Value Estimation by Request
      4,618 SF

      1920 Seaway Dr

      RESTAURANT • 4,618 SF
      1920 Seaway Dr, Fort Pierce, FL 34949-3275
      View Details
    • Value Estimation by Request
      4,703 SF

      402 Hernando St

      RESTAURANT • 4,703 SF
      402 Hernando St, Fort Pierce, FL 34949-3243
      View Details
    • Value Estimation by Request
      1,820 SF

      100 Ocean Dr

      NIGHTCLUB (COCKTAIL LOUNGE) • 1,820 SF
      100 Ocean Dr, Fort Pierce, FL 34949-3253
      View Details

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      Commercial Lots in St. Lucie

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      Apartment Building Near Ocean

      Apartment building one block from the ocean with ocean views.
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      View Details
    • $1,890,000

      Turnkey Vacation Rental Opportunity

      High-demand vacation rental with strong financial returns near the beach.
      2507 N Ocean Dr, Hutchinson Island, FL 34949
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      12-Unit Multifamily Investment Opportunity
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      Hutchinson Island Land Near Beach

      0.49 acre property near beach and Indian River Lagoon.
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    Similar Nearby for Lease

    • $25 SF/Yr
      1,000 SF

      South Beach Retail Space For Lease

      Prime location, 1,000 sq ft, former bank.
      1100 Colonnades Dr, Fort Pierce, FL 34949
      View Details
    • $3,000 /Mo

      Furnished Unit Near Sandy Beaches

      Charming, fully furnished 2-bedroom unit near the beach.
      1115 Hernando St, Fort Pierce, FL 34949
      View Details
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    Fort Pierce, FL 34949-3156
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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
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