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927 N Us Highway 1, Fort Pierce, FL | $3,400,000
Rare waterfront commercial opportunity with multiple income streams and endless growth potential! This turnkey mixed-use property features a successful bait shop generating $40K+ monthly during peak season, plus a leased food truck, U-Haul contract, water delivery business, pontoon boat, storage containers, and rental parking income. Zoned C-3 Commercial, allowing for retail, restaurant, entertainment, marina, tourism, and mixed-use concepts. The 3, 823 SF building sits on 0. 7685 acres and includes 3-phase electric, two wells, generator, grease traps, public restrooms, security system, and living quarters. Prime highway frontage near the water offers exceptional visibility and traffic. Expansion potential includes outdoor seating, additional parking, and up to 3-story development. Incredible opportunity to own a fully operational waterfront commercial property with multiple established income streams and significant future upside. Property includes a thriving bait shop with inventory, vendor relationships, drive-through service window, indoor bait tanks, and outdoor replenishment tanks. Additional assets include a leased food truck generating monthly income, pontoon boat, water delivery business with tank truck and trailer, U-Haul contract, storage containers, and rental parking spaces. Flexible C-3 zoning allows for retail, restaurant, marina, tourism, entertainment, mixed-use, and redevelopment opportunities. Features include 3-phase electric, two wells, generator, grease traps, public restrooms, security cameras, living quarters, and fully equipped kitchen. New metal roof currently being installed. Prime waterfront highway location offers exceptional visibility, accessibility, and strong traffic flow from both locals and tourists. Excellent opportunity for investors, owner-operators, or developers seeking immediate cash flow and long-term growth potential.
Features
- Property Type: Mixed Use
- Construction: Concrete Block - With Stucco
- Utilities: Cable Available, Electricity Available, Natural Gas Connected, Phone Available, Propane, Sewer Available, Water Available
- Parking: Accessible Parking, Free, Boat Access/Parking
- Levels: 1
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- Zoning: General Co
- Year Built: 1980
- Acreage: 0.78
- Est. Taxes: $12,225
- Lot Desc: Corner Lot, Sidewalks
- MLS#: B26033601
- Website: https://www.raveis.com
/prop/B26033601/927nushighway1_fortpierce_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.Listing courtesy of United Realty Group Inc
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
927 N Us Highway 1, Fort Pierce, FL
$3,400,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,720,000 | $2,720,000 | $2,720,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.361% | 6.183% |
| Monthly Tax Payment | $1,019 | $1,019 | $1,019 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $16,308 | $16,748 | $22,953 |
| Total Monthly Payment | $17,452 | $17,892 | $24,097 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388