302 SW Tulip Boulevard, Port St Lucie, FL 34953 — MLS photo

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302 SW Tulip Boulevard, Port St Lucie, FL 34953

Active · Commercial

$7,000,000

302 SW Tulip Boulevard, Port St Lucie, FL 34953

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1985
Lot size
125,888 sq ft
HOA fee
—
Annual tax
—

About this property

Income-producing investment and real estate opportunity in St. Lucie County. ROI is estimated at 5.5 percent. Property closely located to SW Port St. Lucie Blvd and SW Gatlin Blvd in densely populated residential area. Total county population more than 375,000 with continuing growth expected. This investment consists of a popular plaza with established tenants including a restaurant, convenience store/gas station (with additional lotto income), and a barbershop. The gas station consists of 4 gas tanks, 2 of which were upgraded in 2009. No current supply agreement. Real estate: finished (under air) 4,840 +/- SQFT, gross 6,204 +/- SQFT on 2.89 +/- acres of land. Interested parties must sign a non-disclosure agreement for more information. Please do not disturb tenants.

Property location

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302 SW Tulip Boulevard, Port St Lucie, FL 34953

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Commercial
Year built
1985
Lot size
125,888 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
St Lucie
MLS listing ID
B26012310
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$13,700

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$33,184/mo
Down payment
$1,750,000
Loan amount
$5,250,000
Annual NOI
$233,800

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.