492 Maple AveFort Pierce, FL 34982

Property Details for 492 Maple Ave

Year built

1983

Construction

CONCRETE BLOCKS

Lot size

0.28 AC

Property size (Sq ft)

2,688 SF

Zone code

GENERAL CO

Property type

Office properties

Property subtype

Office buildings

APN

2422-602-0249-020-3

APU

242260202490203

Description

This exceptional mixed-use property at 492 Maple Avenue in Fort Pierce, Florida, presents a fantastic investment opportunity. Boasting 2,688 square feet, this 1983-built building comprises four units, offering diverse income streams. Currently, two units are occupied by a law office and a counseling practice, while one unit is a clinic that will soon be vacant, and another is currently vacant. The property features a new roof (2023) and freshly painted interior and exterior. The HVAC system is also updated, with three units under three years old and a new unit installed in 2024. Conveniently located just off US Highway 1, south of Sabal Palm Plaza, this property benefits from high visibility and easy access. Ample parking is available with 13 spaces. The building is in excellent condition and requires no immediate work, making it ready for immediate occupancy and income generation. The property sits on a lot with 0 square feet. This is an ideal opportunity for an investor seeking a well-maintained, income-producing asset in a growing area. The strategic location and updated features make this property a truly attractive investment. The vacant units offer immediate potential for increased rental income.

• CAP approach

  CAP return

  Valuation

  6%

  $1,046,846

  6.5%

  $966,320

  7%

  $897,297

• Comparable approach

  Method

  Valuation

  Relative Method

  $685,198

  Geo Method

  $685,198

• Alternative Use

  Use

  Valuation

  Residential

  $1,198,237

  Hospitality

  $1,097,578

  Educational

  $913,172

  Medical

  $944,578

  Retail

  $1,420,490

Location Insight

City

Fort Pierce

County

St. Lucie

State

Florida

Latitude

27.4204

Longitude

-80.3272

CBSA code

38940

CBSA name

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

Property Tax & Assessments

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