6490 S Us Highway 1Port Saint Lucie, FL 34952MLS Number O6178100

  • Price: $1,600,000
  • 156 Days on Market
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Federal 30-year interest rate: 6.89% last updated on Jul 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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6490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 349526490 S Us Highway 1 Port Saint Lucie FL 34952
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  • 0.49Acreage
  • 1957Year Built
  • 5,826Square Feet
The Rainbow Motel features 13 units available as weekly rentals. One of the units is a full 2 bedroom apartment and the other 12 units are efficiencies. This property brought in a total net operating income of $225,000 for 2023 making this nearly a 12 cap how it currently sits with actual documented financials. Since the current owner purchased the property they have done major upgrades. A majority of the units have been completely upgraded including flooring, kitchens, paint, and bathrooms. This Motel offers many amenities which include in-room refrigerator, microwave, guest laundry, and ADA accessible rooms. Sited in close proximity to the beaches, golf clubs, shopping centers and restaurants this is an incredible investment.
Listing Courtesy of EXP REALTY LLC

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Location Information

  • Road Frontage["Highway"]

Basic Information

  • Property SubTypeHotel/Motel
  • Virtual TourView Tour

Property

  • Living Area 4882
  • ZoningCOMM GENRA

Property Information

  • Acreage0.49
  • Construction Materials Block
  • Lot Size Square Feet 21,344
  • MFR Total Acreage 1/4 to less than 1/2
  • Square Feet5,826

Basic Information

  • List Price$1,600,000
  • MLS NumberO6178100
  • Mls Status Active
  • StatusACT

Building

  • Building Area Source Public Records
  • Year Built1957

Utilities

  • Cooling Central Air, Wall/Window Unit(s)

Amenities

  • Other AmenitiesGolf

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No

Other

  • Date Listed02/11/2024
  • MFR Flood Zone Code X
  • MFR Flood Zone Date 2020-02-19
  • View Count20

Tax Information

  • Tax Year 2023
  • Taxes$18,628

Location

  • Address6490 S Us Highway 1
  • AreaPort Saint Lucie
  • Building Number6490
  • CountySt Lucie
  • StateFL
  • StreetUs Highway 1
  • SubdivisionWhite City Gardens Unrec
  • TownPort Saint Lucie
  • Township 36
  • Zip34952
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of July 15, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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