Port St. Lucie Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Port St. Lucie, Florida
Port St. Lucie: In the Spotlight
Port St. Lucie, Florida is located on the Atlantic Coast, north of West Palm Beach, offering a respite from the busy city for nearly 189,400 residents. This city is growing by the day and is located about 125 miles from Orlando. It includes the areas of St. Lucie and Martin Counties in the Greater Metropolitan Area and belongs to the Miami-Fort Lauderdale - Port St. Lucie Combined Statistical Area that has a population of 6.8 million, combined.
- Port St. Lucie covers 120 square miles
- The city is home to the PGA Village golf complex and the spring training facilities for the New York Mets, bringing plenty of employees and potential residents to the city
- The average income in Port St. Lucie is $55,715
- The median age in this city is 48 years old
- Port St. Lucie has an impressively low 13.5% poverty rate
Port St. Lucie Apartment Loan and Multifamily Property Facts
Port St. Lucie is a bit of a hidden gem when it comes to multifamily units. This growing city flies under the radar and although it struggled just as much as the rest of the state in 2020, there is a lot that it has to gain. The South Florida housing market is booming as of the end of 2020, which includes multifamily units, and that’s a good sign.
- The condo market in the city has increased about six percent year over year, with any shortcomings related to pandemic concerns like shared amenities
- There are currently 290 multifamily units under construction
- The average rent in Port St. Lucie is $1,450 per month
There are plenty of options for apartment loans in this city, which is building a total of more than 300 new units, thanks to new developers coming to the area in late 2020 or early 2021. Now is the best time to get started with your first or next apartment loan or multifamily deal, no matter what you have in mind.
Port St. Lucie Apartment Loan and Lending Options
In Port St. Lucie, Florida there are several different ways that you can finance your new apartment investment. We work with opportunities like:
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Finance Your Port St. Lucie Apartment Building Now
At Apartment.loans, we specialize in offering all kinds of financing solutions for your Port St. Lucie apartment building needs, including standard apartment loans, value add opportunities, commercial real estate loans, and more. We can even work with stabilized properties or ground-up investments like those pictured above, making it easy to get the financing that you desire.
Whether you’re new to the commercial multifamily market or you’re just ready for your next deal, you don’t have to go it alone. Our dedicated team is ready to help you get the ideal apartment loan to finance the investment you choose.
To learn more and get started on your new venture, contact our Port St. Lucie Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.