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    1718 Saint Lucie W Blvd Port Saint Lucie, FL 34986-2504
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    1718 Saint Lucie W Blvd Port Saint Lucie, FL 34986-2504

    View on Map
    • Community centers
    • 14,136 SF
    • 2.89 lot acres
    Off-Market
    Last Sale Dec 18, 2025
    $5,733,600
    Property ID
    US18-2813281
    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.
    Value Estimations
    $4,965,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Community centers

    Property Details for 1718 Saint Lucie W Blvd

    Year built
    2005
    Construction
    CONCRETE BLOCKS
    Lot size
    2.89 lot acres
    Property size
    14,136 SF
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    3323-917-0001-000-3
    APU
    332391700010003

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,520,000
      6.5%
      $3,250,000
      7%
      $3,015,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,148,000
      Market price range: $1.58M - $5.15M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $3,190,000
      Current use
      RESTAURANT
      $6,550,000
      Change: +105% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,700,000
      Change: +16% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Port Saint Lucie
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.4045
    Latitude
    27.3109
    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
    $171,375
    $2,517,800
    $4,525,500
    $7,043,300
    -
    $2,517,800
    $4,525,500
    $7,043,300

    Comparable in this City

    • Value Estimation
      $1,980,000
      10,815 SF

      1679 Saint Lucie W Blvd

      MINI-MALL • 10,815 SF
      1679 Saint Lucie W Blvd, Port Saint Lucie, FL 34986-2106
      View Details
    • Value Estimation
      $1,615,000
      8,974 SF

      1002 Saint Lucie W Blvd

      MINI-MALL • 8,974 SF
      1002 Saint Lucie W Blvd, Port Saint Lucie, FL 34986-1718
      View Details
    • Value Estimation
      $5,905,000
      16,004 SF

      2100 Courtyard Cir

      MINI-MALL • 16,004 SF
      2100 Courtyard Cir, Port Saint Lucie, FL 34986-2516
      View Details
    • Value Estimation
      $1,300,000
      10,421 SF

      5331 Nwe Torino Pkwy

      MINI-MALL • 10,421 SF
      5331 Nwe Torino Pkwy, Port Saint Lucie, FL 34986-3046
      View Details
    • Value Estimation
      $3,715,000
      21,094 SF

      1391 Saint Lucie W Blvd

      MINI-MALL • 21,094 SF
      1391 Saint Lucie W Blvd, Port Saint Lucie, FL 34986-2196
      View Details
    • Value Estimation
      $1,260,000
      7,016 SF

      St Lucie W Blvd

      MINI-MALL • 7,016 SF
      St Lucie W Blvd, Port Saint Lucie, FL 34986
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      53,894 SF

      St. Lucie West Redevelopment Opportunity

      Versatile property in a rapidly growing market.
      1900 NW Courtyard Cir, Port Saint Lucie, FL 34986
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    • $1,300,000
      4,458 SF

      St. Lucie West Commercial Condo

      Turn-key commercial condo in St. Lucie West's retail corridor.
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      RV Lot with Tiki

      Back-in RV lot with tiki, pond view, and amenities.
      101 NW Boundary Dr, Port Saint Lucie, FL 34986
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    • $249,000
      0.23 Acres

      Residential Lot in Growing Area

      Building lot in well-maintained neighborhood near amenities.
      5436 NW Briscoe Dr, Port Saint Lucie, FL 34986
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    Similar Nearby for Lease

    • Contact for pricing

      870 St. Lucie W Blvd, Port St. Lucie, FL 34986

      Shopping centers
      870 St. Lucie Blvd W, Port St Lucie, FL 34986
      View Details
    • Contact for pricing

      Prime Location Business Center Space

      Thriving location near shopping, dining, and entertainment options.
      580 NW University Blvd, Port St Lucie, FL 34986
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Port St. Lucie.
      1333 St. Lucie Blvd West, Port St Lucie, FL 34986
      View Details
    • $275,000

      Profitable Office Space with Tenants

      Turnkey office property with long-term tenants and immediate cash flow.
      544 NW University Blvd Blvd, Port Saint Lucie, FL 34986
      View Details
    • $500 /Mo
      195 SF

      Executive Office Suites For Rent

      Executive office suites available for lease in Port St. Lucie.
      951 SW Country Club Dr, Port St Lucie, FL 34986
      View Details
    • $22 SF/Yr
      8,500 SF

      Port Saint Lucie Office Space

      Office space available for lease in Port Saint Lucie.
      584 NW University Blvd, Port Saint Lucie, FL 34986
      View Details
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    Port Saint Lucie, FL 34986-2504
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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