130 Indian River DrFort Pierce, FL 34950

Property Details for 130 Indian River Dr

Year built

2008

Construction

CONCRETE BLOCKS

Lot size

0.02 AC

Property size (Sq ft)

920 SF

Zone code

CENTRAL CO

Property type

Office properties

Property subtype

Other office properties

APN

2410-511-0001-000-1

APU

241051100010001

Description

This exceptional Class A executive office suite, located in the prestigious Renaissance Financial Business Center in downtown Fort Pierce, Florida, is now available for purchase. Boasting 1,085 square feet, this fully built-out space has never been occupied and is ready for immediate occupancy. The suite features three private offices, a boardroom, reception area, breakroom, and administrative office, providing ample space for a variety of professional uses. High-quality finishes include impact windows and a separate metered electric system. The building offers convenient access to US Highway 1, ensuring easy commutes to courthouses, local businesses, and city amenities. The Renaissance Financial Business Center is a mixed-use building situated on the waterfront, offering a scenic and contemporary professional environment. One assigned parking space is included. Common area restrooms are conveniently located. The property is zoned for central commercial use and is priced at $425,000, with a price per square foot of $391.71. A gross lease option is also available. This is a rare opportunity to acquire a turnkey, high-quality office space in a prime downtown location. The property is vacant and ready for immediate use.

• CAP approach

  CAP return

  Valuation

  6%

  $358,348

  6.5%

  $330,783

  7%

  $307,156

• Comparable approach

  Method

  Valuation

  Relative Method

  $234,517

  Geo Method

  $234,517

• Alternative Use

  Use

  Valuation

  Residential

  $410,171

  Hospitality

  $375,714

  Educational

  $312,590

  Medical

  $323,340

  Retail

  $486,251

Location Insight

City

Fort Pierce

County

St. Lucie

State

Florida

Latitude

27.4478

Longitude

-80.3222

CBSA code

38940

CBSA name

PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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