Periscope Newsletter Summer 2020

C o l d w e l l

B a n k e r

c o m m e r c i a l

Periscope

PARADISE

SUMMER 2020

C O L D W E L L B A N K E R C O M M E R C I A L PA R A D I S E T R U S T E D R E A L E S T A T E A D V I S O R S S I N C E 1 9 2 7 .

LOCAL PRESENCE | GLOBAL POWER

+

A b o u t c o l d w e l l b a n k e r c o m m e r c i a l pa r a d i s e

Coldwell Banker Commercial Paradise is the premier provider of commercial real estate solutions on Florida’s East Central Coast since 1950. Coldwell Banker Paradise is a member of the Schmidt Family of Companies, the largest independentlyowned Coldwell Banker franchise by office count and one of the nation’s largest real estate firms with over 80 offices and 1,700+ agents in Florida, Michigan, Ohio and the U.S. Virgin Islands. CBC Paradise is an industry expert in commercial real estate sales and leasing for all property types including retail, multi-family, industrial, office, health care, and land. CBC Paradise offers an array of services including sales, leasing, property management and investment consulting. CBC Paradise is the only full service commercial real estate company on Florida’s Treasure and Space Coast offering long-standing in-depth local experience combined with the global presence.

For more information, visit: cbcommercialparadise.com.

+

a b o u t c o l d w e l l b a n k e r c o m m e r c i a l a f f i l i at e s

Coldwell Banker Commercial® is a registered trademark licensed to Coldwell Banker Real Estate Corporation. Since 1906, the Coldwell Banker Commercial brand has been a premier provider of real estate, recognized globally as a company that puts the client first while delivering individual, distinctly different service. Coldwell Banker Commercial affiliates cover territory throughout North America, South America, Europe, Africa, Asia and Australia. Coldwell Banker Commercial is an industry leader in providing commercial real estate solutions that serve the needs of tenants, landlords, sellers and buyers in the leasing, acquisition, disposition and management of all property types. Each office is independently owned and operated. For more information, visit: cbcworldwide.com.

+

W h a t

w e

d o

Property Types Land Industrial Office Retail Medical Office / Healthcare Multifamily Hospitality Investments

Services Sales Leasing Property Management

2 nd q ua r t e r m a r k e t u p dat e s BREVARD

INDIAN RIVER

ST. LUCIE

Office/Medical building 59 | $32,500,000

Office/Medical building 11 | $4,700,000

Office/Medical building 19 | $16,100,000

Industrial 33 | $18,800,000

Industrial 9 | $4,400,000

Industrial 24 | $20,700,000

Retail/Hospitality 82 | $1,285,000,000

Retail/Hospitality 15 | $16,200,000

Retail/Hospitality 25 | $31,500,000

Multi-Family 5 | $17,300,000

Multi-Family 51 | $76,500,000

Multi-Family 7 | $2,700,000

Commercial Land 34 | $20,000,000

Commercial Land 8 | $4,300,000

Commercial Land 41 | $26,500,000

Sports & Entertainment 0 | $0

Sports & Entertainment 1 | $300,000

Sports & Entertainment 0 | $0

Specialty 6 | $9,700,000

Specialty 0 | $0

Specialty 5 | $12,900,000

LOCAL PRESENCE | GLOBAL POWER

+

o u r

a g e n t s

INDIALANTIC

MICHAEL JAFFE

MIKE JAFFE JR.

SEBASTIAN

ALAN MUNKACSY

GINNY HEETER

VERO BEACH MAINLAND

KEITH KITE

KELLY KITE

VERO BEACH ISLAND

ANDREW GONZALEZ

LINDA GONZALEZ

JEFF LUTHER

DANIEL OCHSE

PAUL SCHALL

PHILIP STRAZZULLA

FRANK STRAZZULLA

JOEY SCHLITT

FORT PIERCE

TIM ZORC

HAMPTON JACKSON

FORT PIERCE

THOMAS ROUSE

KOLLIN KITE

DAVID MILLER

HOYT MURPHY JR.

PORT ST LUCIE

MARK TIERNEY

GWEN ZACKERY

ANTHONY GAMBARDELLA

VINCENT ROSSIGNOL

+

letter to the public

We have made it through half of the year and we are pleased to report that in spite of the difficulties facing our country and region Coldwell Banker Commercial Paradise nearly doubled the volume of our sales since our spring report. The Treasure and Space Coast has seen increased interest due to historically low interest rates and demand for investment in the region.

2020 continues to be a challenging year but our agents have been tenacious in their goals.

Our proof is in the numbers. We have surpassed our last year’s volume by nearly $26,000,000!

Our agents continue to prove their determination not only to their clients but also to their community as well.

This time last year marks the moment that we joined with the Schmidt Family of Companies and expanded our sphere of influence to the west coast of Florida, Michigan, Ohio and even the US Virgin Islands.

As of a few months ago, our Schmidt family has expanded to the Palm Coast by merging with Coldwell Banker Commercial Premier Properties who are based out of St Augustine. We are looking forward to the many clients we can assist with our expanded range.

In the second quarter we had some amazing sales! With $10,000,000 of volume in pending contracts and $104,000,000 in listing volume we are sure to continue this trend. With our expanded reach and determined agents we are a company that makes things happen. Let us know how we can assist you with selling, buying or leasing commercial and investment property.

COLDWELL BANKER COMMERCIAL PARADISE JOIN THE BLUE

88 SALES & LEASES with

$43,810,845 in volume this year!

It’s Time to JOIN THE BLUE! Our Success is in the Numbers.

PARADISE

LOCAL PRESENCE | GLOBAL POWER

properties

sold 7400 US Hwy 1 Vero Beach

$1,320,000

Keith Kite Kollin Kite

772.633.0292 772.633.5640

TBD Carlton Rd. Ext. Port St Lucie Philip Strazzulla Frank Strazzulla

+

$386,000 772.216.4975 772.473.0826

3880 US Hwy 1 Grant Michael Jaffe

TBD St Lucie Blvd.

Fort Pierce Philip Strazzulla Frank Strazzulla

p r o p e r t i e s

935 Barefoot Bay Blvd 3, Barefoot Bay Terry Calhoun

4105 Mariah Circle Fort Pierce David Miller

$1,200,000 321.258.3443

$350,000 772.216.4975 772.473.0826

845 37th Place Vero Beach Keith Kite Kollin Kite

TBD Carlton Road Port St Lucie Mark Tierney

77-99 Royal Palm Pointe $5,540,000 Vero Beach Keith Kite Kollin Kite

$1,400,000 772.633.0292 772.633.5640

$165,000 772.370.4428

TBD Immokolee Rd. Fort Pierce Philip Strazzulla Frank Strazzulla

4124 Oleander Ave Fort Pierce Hoyt Murphy Jr. Thomas Rouse

772.633.0292 772.633.5640

$1,050,000 772.216.4975 772.473.0826

$43,000 772.971.7424 772.201.5902

l e a s e d

$146,244.72

1935 SW South $202,935.36 Macedo Blvd, Port St Lucie

3755 7th Terrace Vero Beach

$119,698.20

772.538.1786

Anthony Gambardella 772.201.2450

Keith Kite Kollin Kite

$21,000

2011 S 25th St. Fort Pierce

$8,040

77-99 Royal Palm Pointe $92,727 Vero Beach

11640 US Hwy 1 Sebastian

352.339.6622

Hoyt Murphy Jr. Thomas Rouse

772.971.7424 772.201.5902

Keith Kite Kollin Kite

Ginny Heeter

772.633.0292 772.633.5640

772.633.0292 772.633.5640

2506 Acorn St. Fort Pierce Mark Tierney

$43,200 772.370.4428

$46,765 772.766.4158

+

f o r

541 Interpark Place Port Saint Lucie

s a l e

$4,750,000

l i s t i n g s

5270 Highway 1 Hwy. Melbourne

$3,995,000

6481 Emerson Ave. Fort Pierce

$3,900,000

11000 Okeechobee Rd. $3,820,425 Fort Pierce

772.321.5804 MLS#: 217544

Philip Strazzulla 772.216.4975 Frank Strazzulla 772.473.0826 MLS#: RX-10617471

Hoyt Murphy Jr. 772.971.7424 MLS#: RX-10434410

Michael Jaffe 321.258.3443 MLS#: 845203

Jeff Luther

250 Rouse Road Fort Pierce

6350 20th Street Vero Beach

1100 86th Avenue SW Vero Beach

$3,450,000

Hoyt Murphy Jr. 772.971.7424 MLS#: RX-10524184

Keith Kite Kollin Kite

8035 33rd Street Vero Beach

2700 Kings Highway Fort Pierce

$2,050,000

$2,999,000

772.633.0292 772.633.5640 MLS#: 227297

$1,980,000

$2,772,000

17850 Orange Avenue Fort Pierce

$2,294,600

Philip Strazzulla 772.216.4975 Frank Strazzulla 772.473.0826 MLS#: RX-10415675

Philip Strazzulla 772.216.4975 Frank Strazzulla 772.473.0826 MLS#: 233119

3950 S Us Hwy 1 Fort Pierce

0 Wickham Road Melbourne

$1,650,000

$1,600,000

Philip Strazzulla 772.216.4975 Frank Strazzulla 772.473.0826 MLS#: RX-10467415

Thomas Rouse 772.201.5902 MLS#: RX-10593014

Thomas Rouse 772.201.5902 Hoyt Murphy Jr. 772.971.7424 MLS#: RX-10228093

Michael Jaffe 321.258.3443 MLS#: 774124

12351 Williams Road Port Saint Lucie

427 S Market Avenue Fort Pierce

511 Midway Road Fort Pierce

$1,400,000

6000 St Lucie Boulevard $950,000 Fort Pierce

$1,600,500

$1,425,000

Paul Schall 772.359.9355 MLS#: RX-10517175

Hoyt Murphy Jr. 772.971.7424 MLS#: RX-10608173

Daniel Ochse 772.633.8200 MLS#: RX-10439258

Paul Schall 772.359.9355 MLS#: RX-10517113

4850 S US Hwy 1 Fort Pierce

908 E Causeway Blvd.

Vero Beach

4646 Okeechobee Road Fort Pierce

2205 S 25th Street Fort Pierce

$950,000

Thomas Rouse 772.201.5902 Hoyt Murphy Jr. 772.971.7424 MLS#: RX-10600930

Keith Kite Kollin Kite

$925,000

772.633.0292 772.633.5640 MLS#: 228187

$892,000

Keith Kite 772.633.0292 Kollin Kite 772.633.5640 MLS#: RX-10378595

$850,000

Mark Tierney 772.370.4428 MLS#: RX-10377098

LOCAL PRESENCE | GLOBAL POWER

8680 N US Highway 1 Sebastian Keith Kite Kollin Kite

$790,000

772.633.0292 772.633.5640 MLS#: 231837

4900 N Kings Highway Fort Pierce

$750,000

11 Mile Road Fort Pierce

Philip Strazzulla 772.216.4975 Frank Strazzulla 772.473.0826 MLS#: RX-10617493

80 Royal Palm Pointe Vero Beach

Hoyt Murphy Jr. 772.971.7424 MLS#: RX-10459689

Keith Kite Kollin Kite

405 9th Street SW Vero Beach

1089 12th Street Vero Beach

Jeff Luther

$549,950

772.321.5804 MLS#: 226945

4105 Mariah Circle Fort Pierce

$350,000

$768,300

Tim Zorc

$675,000

772.633.0292 772.633.5640 MLS#: 228319

$364,900

772.633.2004 MLS#: 229366

8905 N US Highway 1 Sebastian

$349,000

David Miller 352.339.6622 MLS#: RX-10623861

Linda Gonzalez 772.559.7367 Denise Randolph 772.633.9622 MLS#: 233575

1975 Aurora Road Melbourne

736 Delaware Avenue Fort Pierce

$225,000

Alan Munkacsy 321.704.3735 MLS#: 875263

$199,000

Thomas Rouse 772.201.5902 Gwen Zackery 321.233.6474 MLS#: RX-10612231

+

f o r

l e a s e

l i s t i n g s

$6,975/ month

1701 US Highway 1 $2,013/ Sebastian month

2508 Acorn Street Fort Pierce

Thomas Rouse 772.201.5902 MLS#: RX-10605499

Ginny Heeter 772.766.4158 MLS#: 231692

Mark Tierney 772.370.4428 MLS#: RX-10634566

Thomas Rouse 772.201.5902 Hoyt Murphy Jr. 772.971.7424 MLS#: RX-10607904

4890 N Kings Hwy. #4842 Fort Pierce

4890 N Kings Hwy. #4834 Fort Pierce

2011 S 25th St. #215 Fort Pierce

1201 19th Place Vero Beach

4890 N Kings Hwy #4892 Fort Pierce

$1,046/ month

$890/ month

$2,000/ month

$875/ month

4890 N Kings Hwy. #4822 Fort Pierce

Thomas Rouse 772.201.5902 Hoyt Murphy Jr. 772.971.7424 MLS#: RX-10607896

Thomas Rouse 772.201.5902 Hoyt Murphy Jr. 772.971.7424 MLS#: RX-10607900

Hoyt Murphy Jr. 772.971.7424 MLS#: RX-10543387

Keith Kite Kollin Kite

28 N Hwy A1A Fort Pierce

1900 N Old Dixie Hwy 1 Fort Pierce

595 21st Street Vero Beach

1717 Indian River Blvd 202 B, Vero Beach

$22.50/sq ft

$22/sq ft/ year

$22/sq ft

Philip Strazzulla 772.216.4975 Frank Strazzulla 772.473.0826 MLS#: RX-10603493

Philip Strazzulla 772.216.4975 Frank Strazzulla 772.473.0826 MLS#: 228452

Keith Kite Kollin Kite

2112 5th Avenue Vero Beach

$19/sq ft

2222 Colonial Rd, #202 $12.50/sq ft Fort Pierce

403 N US Highway 1 Fort Pierce

Andrew Gonzalez 772.633.7512 MLS#: 230626

David Miller 352.339.6622 MLS#: RX-10614689

Thomas Rouse 772.201.5902 Hoyt Murphy Jr. 772.971.7424 MLS#: RX-10635273

772.633.0292 772.633.5640 MLS#: 232869

$12.75/sq ft

$1,046/ month

$23

772.633.0292 772.633.5640 MLS#: 233117

$21.50/ sq ft

Joseph Schlitt 772.360.6824 MLS#: 232163

PARADISE

SATELLITE BEACH | 1550 HIGHWAY A1A | 321.222.9449 INDIALANTIC | 232 5TH AVENUE | 321.723.9500 SEBASTIAN | 1209 US HWY 1 | 772.778.1801 VERO BEACH MAINLAND | 1950 US HWY 1 | 772.778.2029 VERO BEACH ISLAND | 4625 N A1A #3 | 772.231.4880 FORT PIERCE | 411 NORTH US HIGHWAY 1 | 772.461.3250 PORT ST LUCIE | 1555 NW ST LUCIE WEST BLVD | 772.340.4000 STUART | 2384 NW FEDERAL HWY | 772.301.0600