1385 Port St Lucie BlvdPort St. Lucie, FL 34952

  • Office buildings
  • 3,696 SF
For Sale
$949,900 View listing

Property Details for 1385 Port St Lucie Blvd

Year built
1979
Construction
CONCRETE BLOCKS
Lot size
0.47 AC
Property size (Sq ft)
3,696 SF
Zone code
CP - PSL
Property type
Office buildings
APN
3422-525-1190-000-2
APU
342252511900002

Description

This exceptional 3700 square foot office building is situated on a highly visible corner lot in Port St. Lucie, Florida, at 1385 SE Port St Lucie Boulevard, zip code 34952. Built in 1979, the property boasts a metal roof and accordion shutters, ensuring both durability and security. The interior features commercial-grade carpeting in most areas, with laminate flooring in the entrance and a designated dining area. The layout includes two to four-person offices, two conference rooms, and two bathrooms. A spacious room suitable for education or storage is also available. The building benefits from three newer air conditioning units and a newer water heater. Ample parking is provided by a private lot and a wide side driveway. The property is currently utilized as a real estate office, but the business itself is not included in the sale. The asking price is $949,900, and partial owner financing may be considered. This is a rare opportunity to acquire a well-maintained, high-visibility office building in a desirable Port St. Lucie location. The lot size is approximately half an acre.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,305,463
    6.5%
    $1,205,042
    7%
    $1,118,968
  • Comparable approach

    Method
    Valuation
    Relative Method
    $942,147
    Geo Method
    $942,147
  • Alternative Use

    Use
    Valuation
    Residential
    $1,494,253
    Hospitality
    $1,368,728
    Educational
    $1,138,765
    Medical
    $1,177,929
    Retail
    $1,771,412
1385 Port St Lucie Blvd, Port St. Lucie, Florida

Location Insight

City
Port Saint Lucie
County
St. Lucie
State
Florida
Latitude
27.2715
Longitude
-80.3091
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
$12,792
$322,200
$313,000
$635,200
-
$322,200
$313,000
$635,200

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