451 Bethany DrPort St. Lucie, FL 34986

  • Office buildings
  • 19,872 SF
For Lease
$23/SF/YR View listing

Property Details for 451 Bethany Dr

Year built
2006
Construction
CONCRETE BLOCKS
Lot size
1.50 AC
Property size (Sq ft)
19,872 SF
Property type
Office buildings
APN
3323-912-0002-000-5
APU
332391200020005

Description

This exceptional 1,876 square foot office space is located at 451 SW Bethany Dr, Unit #203, Port St. Lucie, FL 34986, within a 21,000 square foot, two-story building constructed in 2006. The unit is a corner suite offering excellent visibility directly off St. Lucie West Blvd, with prominent pylon and building signage opportunities. The layout includes three private offices and two large open areas, easily adaptable to create four additional offices, classrooms, or therapy rooms, providing flexibility for a variety of professional uses. Abundant natural light fills the space through large windows in every office. A dedicated IT/storage room is also included. This traditional, executive, and creative office space is perfect for businesses seeking high visibility and a versatile layout in a multi-tenant building situated in St. Lucie County. The property is classified as Office, Special Purpose.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,018,982
    6.5%
    $6,479,060
    7%
    $6,016,270
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,065,572
    Geo Method
    $5,065,572
  • Alternative Use

    Use
    Valuation
    Residential
    $8,034,034
    Hospitality
    $7,359,132
    Educational
    $6,122,712
    Medical
    $6,333,281
    Retail
    $9,524,218

Location Insight

City
Port Saint Lucie
County
St. Lucie
State
Florida
Latitude
27.3148
Longitude
-80.3853
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
$89,859
$686,000
$4,082,100
$4,768,100
-
$686,000
$4,082,100
$4,768,100

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