1733 SW Biltmore St
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1733 SW Biltmore St
12,000 SF 100% Leased Industrial Building Port Saint Lucie, FL 34984 £2,588,553 (£216/SF)
Investment Highlights
- Strong concrete construction throughout!
- Easy access to the Turnpike, I-95, and US1
- Great central location!
Executive Summary
Prime 12,000 SQFT Light Industrial Duplex – Fully Leased, Renovated, and Positioned for Growth! Exceptional opportunity to acquire this CBS Light Industrial Duplex in the thriving city of Port St. Lucie! Conveniently located just minutes from major highways: Florida Turnpike, I-95, US1, and the Crosstown Parkway, ensuring excellent accessibility for logistics and distribution.
Key Features Include:
Fully renovated in 2013, offering modern facilities and strong structural integrity. Priced below replacement cost, making this an incredible value. Fully leased to high-quality tenants, providing immediate cash flow. Versatile for both long-term investors or potential owner-users looking for a strategic location. Flexible parking lots can double as yard space, ideal for operational flexibility. Permitted well on site, offering potential for specialized manufacturing or other uses. Bonus: Seller Financing available with flexible terms based on duration, sale price, and conditions. Seller is offering buyer broker compensation.
Whether you're an investor seeking stable income or a business looking to own your space, this property offers unmatched potential for growth and value appreciation!
Key Features Include:
Fully renovated in 2013, offering modern facilities and strong structural integrity. Priced below replacement cost, making this an incredible value. Fully leased to high-quality tenants, providing immediate cash flow. Versatile for both long-term investors or potential owner-users looking for a strategic location. Flexible parking lots can double as yard space, ideal for operational flexibility. Permitted well on site, offering potential for specialized manufacturing or other uses. Bonus: Seller Financing available with flexible terms based on duration, sale price, and conditions. Seller is offering buyer broker compensation.
Whether you're an investor seeking stable income or a business looking to own your space, this property offers unmatched potential for growth and value appreciation!
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£152,678
|
£12.72
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£152,678
|
£12.72
|
| Taxes |
£18,149
|
£1.51
|
| Operating Expenses |
£18,512
|
£1.54
|
| Total Expenses |
£36,661
|
£3.06
|
| Net Operating Income |
£116,017
|
£9.67
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £152,678 |
| Annual Per SF | £12.72 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £152,678 |
| Annual Per SF | £12.72 |
| Taxes | |
|---|---|
| Annual | £18,149 |
| Annual Per SF | £1.51 |
| Operating Expenses | |
|---|---|
| Annual | £18,512 |
| Annual Per SF | £1.54 |
| Total Expenses | |
|---|---|
| Annual | £36,661 |
| Annual Per SF | £3.06 |
| Net Operating Income | |
|---|---|
| Annual | £116,017 |
| Annual Per SF | £9.67 |
Property Facts
Amenities
- Fenced Lot
- Yard
- Air Conditioning
Utilities
- Lighting
- Gas
- Water - City
- Sewer - City
- Heating
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- McKinados Welding & Fabrication LLC
- Manufacturing
- 6,000 SF
- £13.73
- Modified Gross
- Dec 2026
- St. Lucie Dance Company
- Service type
- 6,000 SF
- £11.72
- Modified Gross
- May 2026
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| McKinados Welding & Fabrication LLC | Manufacturing | 6,000 SF | £13.73 | Modified Gross | Dec 2026 | |
| St. Lucie Dance Company | Service type | 6,000 SF | £11.72 | Modified Gross | May 2026 |
PROPERTY TAXES
| Parcel Number | 34-20-560-2301-0004 | Total Assessment | £1,110,568 (2023) |
| Land Assessment | £219,635 (2023) | Annual Taxes | £18,149 (£1.51/sf) |
| Improvements Assessment | £890,933 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
34-20-560-2301-0004
Land Assessment
£219,635 (2023)
Improvements Assessment
£890,933 (2023)
Total Assessment
£1,110,568 (2023)
Annual Taxes
£18,149 (£1.51/sf)
Tax Year
2024
zoning
| Zoning Code | Light Industrial (Light Industrial zoning.) |
| Light Industrial (Light Industrial zoning.) |
-
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Real Estate Specialists
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1733 SW Biltmore St
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