New search
Property profile & analytics
OFF-MARKET
Medical Office Space
1801 23rd St Ste 5, Fort Pierce, FL 34950-4830
Entity Owned
21-yr Hold
Property ID
US18-2323326
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Construction
CONCRETE BLOCKS
Total area
1,530 SF
Lot
0.02 ac (999 SF)
APN
2416-701-0005-000-0
UPID
US18-2323326
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
-
Kapupara Hitesh MD Physician
-
Peter Roque Aldana Peter R Md Physician Medical Clinic
-
Access Health Care Physicians, LLC - Shaheen Pirani, MD Physician
-
A+ Therapy Pros Physician
-
Blue Sky Counseling Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Street Holdings L Twenty-third · 21 yrs held
Street Holdings L Twenty-third
since 2005
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Pierce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Pierce submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,429
Tax year 2023
Assessed value
$145,400
Assessed 2023
Previous assessed
$114,800
+26.7% YoY
Effective rate
2.36%
On assessed value
Assessed improvement
$145,400
Improvement market value
$145,400
Total market value
$145,400
Applied tax rate
22.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Rooms
3
Total area
1,530 SF
Lot
0.02 ac (999 SF)
APN
2416-701-0005-000-0
UPID
US18-2323326
Jurisdiction
ST LUCIE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1988
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Rooms
3
Lot
0.02 ac
Current owner
From public records · entity-resolved
Street Holdings L Twenty-third
Entity
Mailing address
140 SW CHAMBER CT STE #200, PORT ST LUCIE, FL 34986-3414
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2019
—
Doc First Holdings LLC
—
Deed
related
$1,000,000 · Seacoast Nat'l Bk
Feb 15, 2005
$250,000
Street Holdings L Twenty-third
Ioannides,tim
Warranty Deed
—
Mar 28, 2000
$210,000
Tim Ioannides
Stern,richard L & Cleopatra C
Grant Deed
$152,000 · Harbor Fsb
—
—
Doc First Holdings LLC
—
Loan Modification, Consolidation And Extension
related
$1,000,000 · Seacoast Nat'l Bk
—
—
Palm City Danforth Property Ho
—
Loan Modification
related
$2,000,000 · Seacoast Nat'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1801 23rd St Ste, Unit 5?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
