Investment Overview

Marcus & Millichap, as exclusive listing agents, are pleased to present the 8-unit multifamily property located at 1665 SE Lennard Rd in Port St. Lucie, Florida. This well-maintained property, built in 1988, consists of 8 two-bedroom, two-bathroom units totaling 8,212 square feet on a spacious 0.92-acre lot. The sizable units and expansive lot provide a desirable living environment with ample green space and parking, making it an attractive option for tenants seeking comfort and convenience. The property benefits from a prime location in Port St. Lucie, one of Florida’s fastest-growing cities. It is conveniently positioned near key economic drivers, including St. Lucie Medical Center (1.5 miles away) and the Port St. Lucie Civic Center (2 miles away), which hosts community events and activities year-round. Additionally, major retail destinations such as The Landing at Tradition and Treasure Coast Square Mall are within a short drive, offering a variety of shopping, dining, and entertainment options. This investment presents a compelling opportunity in a rapidly expanding market with strong rental demand. With its spacious units, large lot, and strategic location near essential amenities and employment hubs, the property is well-positioned for long-term appreciation and rental growth. Investors can capitalize on Port St. Lucie’s continued population and economic expansion, making this a solid addition to any multifamily portfolio.