601 7Th StFort Pierce, FL 34950

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 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.

• 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

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

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