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    Property profile & analytics

    402 Hernando St Fort Pierce, FL 34949-3243

    • Turn key restaurants
    • 4,703 SF
    • 1.27 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 06, 2025
    $2,000,000
    Location Intelligence
    Property ID
    US18-0877522
    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

    • Turn key restaurants

    Property Details for 402 Hernando St

    Year built
    1948
    Construction
    WOOD
    Lot size
    1.27 lot acres
    Property size
    4,703 SF
    Zone code
    TOURIST CO
    Property type
    Turn key restaurants
    APN
    2401-502-0037-000-6
    APU
    240150200370006

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.2909
    Latitude
    27.465
    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
    $30,572
    $896,000
    $807,800
    $1,703,800
    -
    $896,000
    $807,800
    $1,703,800

    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
      $3,455,000
      7,140 SF

      1640 Seaway Dr

      RESTAURANT • 7,140 SF
      1640 Seaway Dr, Fort Pierce, FL 34949-3156
      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
      1,820 SF

      100 Ocean Dr

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

    Similar Nearby for Sale

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      Commercial Lots in St. Lucie

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      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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    • $35,000
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      Hutchinson Island Land Near Beach

      0.49 acre property near beach and Indian River Lagoon.
      S Ocean Dr, Fort Pierce, FL 34949
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    • $3,200,000
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      12-Unit Multifamily Investment Opportunity
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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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    402 Hernando St
    Fort Pierce, FL 34949-3243
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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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