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Property profile & analytics
OFF-MARKET
Estimated value
$8,245,000
Office buildings
1850 Fountainview Blvd Port Saint Lucie, FL 34986-3443
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-4416305
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1999
Construction
CONCRETE BLOCKS
Total area
30,088 SF
Lot
2.51 ac (109,249 SF)
Zoning code
GENERAL CO
APN
3323-914-0009-000-0
UPID
US18-4416305
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
$9.15M
CAP Approach
CAP
$6.24M
Comparable Approach
Comparable
$7.27M
Blend (final)
Blend
$8.25M
Owner & transaction history
Satfam 1850 LLC · 6 yrs held
Satfam 1850 LLC
since 2020
Last sale
$8.3M
3 recorded transactions
Zoning & alternative use
GENERAL CO · Port Saint Lucie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.9M
+47.0%
Neighborhood: shopping center
$6.8M
+26.7%
Retail stores
$6.1M
+13.3%
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 Port Saint Lucie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Saint Lucie 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
Method
Estimation
Statistic approach
$9,350,000
ML approach
$9,150,000
CAP Approach
CAP Return
Estimation
6%
$6,760,000
6.5%
$6,240,000
7%
$5,795,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,360,000
Current use
AUTO REPAIR, GARAGE
$7,875,000
Change: +47% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,790,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$6,075,000
Change: +13% · Conversion: Moderate
MEDICAL BUILDING
$5,705,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$8.25M
Range $7.42M – $9.07M · ±10% · vs last sale $8.25M (Jan 28 2020)
Last sale anchor
$8.25M
Jan 28 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$274 / SF
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
$170,111
Tax year 2023
Assessed value
$7,219,400
Assessed 2023
Previous assessed
$6,344,100
+13.8% YoY
Effective rate
2.36%
On assessed value
Assessed land
$1,392,900
Assessed improvement
$5,826,500
Land market value
$1,392,900
Improvement market value
$5,826,500
Total market value
$7,219,400
Applied tax rate
11.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1999
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
13
Bathrooms
4
Total area
30,088 SF
Lot
2.51 ac (109,249 SF)
Zoning code
GENERAL CO
APN
3323-914-0009-000-0
UPID
US18-4416305
Jurisdiction
ST LUCIE
Zoning & alternative use
GENERAL CO · Port Saint Lucie, FL
Zoning GENERAL CO · permitted uses
GENERAL CO · Port Saint Lucie, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Saint Lucie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$7.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.8M
RETAIL STORES
Est. value
$6.1M
MEDICAL BUILDING
Est. value
$5.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
13
Bathrooms
4
Lot
2.51 ac
Current owner
From public records · entity-resolved
Satfam 1850 LLC
Entity
Free & Clear · 6 yrs held
Mailing address
19 CT ST STE #202, WHITE PLAINS, NY 10601-3323
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2020
$8,250,000
Satfam 1850 LLC
Psl 1850 LLC
Grant Deed
—
Aug 1, 2016
$6,300,000
Psl 1850 LLC
Psl Office Partners Ltd
Special Warranty Deed
—
—
—
Psl Office Partners Ltd
—
Loan Modification
related
$3,840,886 · Northern Tr
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.
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