601 7Th StFort Pierce, FL 34950

  • Office properties
  • 2,121 SF
For Lease
$13/SF/YR View listing

Property Details for 601 7Th St

Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.16 AC
Property size (Sq ft)
2,121 SF
Zone code
GENERAL CO
Property type
Office properties
Property subtype
Office buildings
APN
2410-601-0126-000-9
APU
241060101260009

Description

This exceptional 2,121 square foot medical or professional office building in Fort Pierce, Florida, presents a unique investment opportunity. Situated on a 0.16-acre lot at 601 N 7th St, 34950, this single-tenant property boasts a newly renovated interior. The building, constructed in 1958, is a single-story structure with ample parking (4+ street spaces). The interior layout is thoughtfully designed, featuring two private offices, each with its own en-suite restroom. In addition, there are four exam rooms or offices (plumbing already installed), a welcoming reception area, a spacious conference room, and a convenient kitchenette. The building is fully fenced for enhanced security and is monitored by security cameras. Its prime location offers easy access to downtown Fort Pierce (less than one mile away) and the St. Lucie County Courthouse (2.8 miles). The proximity to Lawnwood Medical Center (2.8 miles) further enhances its appeal to medical professionals. The property is zoned for General Commercial use. This turnkey solution is ideal for a variety of medical or professional practices seeking a well-equipped and secure space in a thriving location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $826,133
    6.5%
    $762,584
    7%
    $708,114
  • Comparable approach

    Method
    Valuation
    Relative Method
    $540,664
    Geo Method
    $540,664
  • Alternative Use

    Use
    Valuation
    Residential
    $945,604
    Hospitality
    $866,168
    Educational
    $720,642
    Medical
    $745,426
    Retail
    $1,120,999
601 7Th St, Fort Pierce, Florida

Location Insight

City
Fort Pierce
County
St. Lucie
State
Florida
Latitude
27.4539
Longitude
-80.3293
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
$8,202
$6,900
$321,100
$328,000
-
$6,900
$321,100
$328,000

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