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Property profile & analytics
OFF-MARKET
Estimated value
$1,485,000
Community centers
234 Prt St Lucie Blvd Port Saint Lucie, FL 34984-5044
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-5992160
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2008
Construction
CONCRETE BLOCKS
Total area
6,784 SF
Lot
0.92 ac (40,000 SF)
Zoning code
GENERAL CO
APN
3420-585-2696-000-6
UPID
US18-5992160
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
$1.23M
CAP Approach
CAP
$1.56M
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$1.49M
Owner & transaction history
Futuro 3 LLC · 3 yrs held
Futuro 3 LLC
since 2023
Last sale
$1.6M
7 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
$1.8M
+16.0%
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
$1,180,000
ML approach
$1,225,000
CAP Approach
CAP Return
Estimation
6%
$1,690,000
6.5%
$1,560,000
7%
$1,450,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,530,000
Current use
AUTO REPAIR, GARAGE
$1,775,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$1,370,000
Change: -11% · Conversion: Easy
MEDICAL BUILDING
$1,285,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.49M
Range $1.34M – $1.63M · ±10% · vs last sale $1.55M (Feb 8 2023)
Last sale anchor
$1.55M
Feb 8 2023
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
$219 / 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
$25,519
Tax year 2023
Assessed value
$1,247,000
Assessed 2023
Previous assessed
$852,720
+46.2% YoY
Effective rate
2.05%
On assessed value
Assessed land
$494,000
Assessed improvement
$753,000
Land market value
$494,000
Improvement market value
$753,000
Total market value
$1,247,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2008
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
2
Rooms
16
Bathrooms
4
Total area
6,784 SF
Lot
0.92 ac (40,000 SF)
Zoning code
GENERAL CO
APN
3420-585-2696-000-6
UPID
US18-5992160
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.8M
RETAIL STORES
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
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
2008
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Rooms
16
Bathrooms
4
Lot
0.92 ac
Current owner
From public records · entity-resolved
Futuro 3 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1626 SW MACKENZIE ST, PORT ST LUCIE, FL 34953-1013
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2023
$1,550,000
Futuro 3 LLC
Ceyden LLC
Warranty Deed
—
Nov 6, 2017
$1,500,000
Ceyden
Plaza 242
Warranty Deed
—
Jan 23, 2017
—
Plaza 242 LLC
—
Deed
related
$1,339,623 · Anchor Com'l Bk
Aug 5, 2010
$850,000
Bennett,h B & B E Trust B-2
Dayspring LLC
Warranty Deed
—
Jul 19, 2005
$540,000
Plaza 242 LLC
James Raneri
Warranty Deed
$480,000 · Anchor Commercial Bank
May 26, 2004
$33,500
Wesley Deonarine
Raneri,james
Grant Deed
—
Oct 8, 2001
$50,000
James J Raneri
Pica,tony
Grant Deed
$33,000 · Tony Pica
—
—
Plaza 242 LLC
—
Loan Modification
related
$1,427,312 · Anchor Commercial Bank
—
—
Plaza 242 LLC
—
Deed Of Trust
related
$970,000 · Anchor Commercial Bank
—
—
Plaza 242 LLC
—
Loan Modification
related
$1,339,623 · Anchor Com'l Bk
—
—
Bennett,h B & B E Trust B-2
—
Deed Of Trust
related
$680,000 · Bank United
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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