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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20795209
24404877

500 N 39th St, Fort Pierce, FL 34947

Florida R.E. Acquisitions LLC
Listed by Florida R.E. Acquisitions LLC
$3,500,000
752 days on market
Updated 55 days ago

Mulberry Self Storage

Details
Property Type Self Storage
Sub Type Storage
Square Footage 41,000
Net Rentable (SqFt) 41,000
Units 413
Cap Rate 9.00%
NOI $450,000
Price per SqFt $250
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 5
Stories 1
Acreage 3.6 - 5
Zoning Industrial commercial
Investment Type Owner/User
Occupancy Date 08/27/2025
Ground Lease No
Ceiling Height 14
Ownership JV

Self Storage | 9.00% CAP | 413 Units

Marketing description

Exclusively offered by Florida Real Estate Acquisitions LLC self-storage development in St. Lucie county, TREASURE COAST population growth 15-20%/year

Strategically located in busy residential neighborhoods with +4,000 new homes and largest RV and boat storage in the area.

Estimated completion date July 15th 2025.

Seller financing and JV options.

Email for more details [email protected]

Investment highlights

  • High Demand: Increasing need for self-storage facilities in growing communities.
  • Modern Facilities: State-of-the-art construction expected to be completed by 2026.
  • Attractive Cap Rate: 7% cap rate offers a promising return on investment.
  • Strategic Location: Located in a bustling area with high traffic and visibility

Listing Contacts

Florida R.E. Acquisitions LLC
Listed by Florida R.E. Acquisitions LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$450,000.00
$37,500.00/mo

Valuation Metrics

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DSCR
12.86%
Cap Rate
12.86%
ROI

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