Projects
Treasure Coast Vault
Project facts
- Status
- Completed
- Address
- 6509 St. Lucie Blvd
- City
- Fort Pierce, Florida
- Region
- Central-East Florida
- Submarket
- Port St. Lucie; Fort Pierce
- Units
- 30
- Amenity tier
- Standard
- Key amenities
- 18'+ Clear Heights, Climate Control, Private Bathrooms, Gated Access & Security, Wash Bays & RV Stations
- Construction
- Block
- Finish level
- High-Quality
- Year built
- 2022
- Flood zone
- X
Market value summary
- # of Sales (T-36)
- 34
- Avg Sale Price (T-36)
- $242 / SF
- Avg Sale Price (T-36)
- $351,000
- Avg Market Value
- $301 / SF
- Avg Market Value
- $438,000
Location Summary
Fort Pierce / Port St. Lucie; Fort Pierce Overview
Treasure Coast Vault sits at 6509 St. Lucie Blvd, on the southern rim of the roughly 4,000-acre Treasure Coast International Airport campus, about 4 miles north of downtown Fort Pierce and under 2 miles east of Interstate 95. It is an aviation and light-industrial address rather than a residential one, and that is the point: St. Lucie Blvd runs west to Kings Highway and the I-95 and Indrio Road interchanges and east to US-1 and the Indian River Lagoon, so owners coming from Vero Beach, Port St. Lucie, or the barrier island never touch downtown congestion. The 30-unit Standard-Tier facility is complete and in operation.
Two inherited facts frame the demand base: Florida captured a net $20.6 billion in adjusted gross income from other states in the latest IRS filing year, more than any state, on the strength of having no state income tax on wages, retirement income, or capital gains; and Port St. Lucie, the metro core city about 15 miles south, ranked as the fastest-growing among the nation's 91 largest cities for a fifth consecutive year. That inflow is employment-driven rather than retiree-driven, and the corridor's wealth is younger and newer, weighted toward medical, logistics, and business-owner households seeded by the Southern Grove jobs district to the south.
The immediate trade area is modest by SCK portfolio standards, with 225 households above $200,000 inside 3 miles and 740 inside 5 miles on a 5-mile median home value of $249,769, placing the asset at a portfolio-relative Wealth Index of 0.4 out of 10. The pool draws wider than that ring implies: households above $200,000 reach 1,801 at 7 miles and 3,550 at 10 miles. The area also supplies the right inventory, with 15.0 percent of 5-mile households keeping three or more vehicles and 9.2 percent of housing units seasonal.
Current Events & Infrastructure
- Treasure Coast International Airport capital program: The airport surrounding this address reopened its remodeled APP Jet Center FBO terminal in February 2026 and is executing funded improvements including a $1 million FAA grant to ready the terminal for commercial service, a $960,000 FDOT grant inside a $1.2 million taxiway project, $439,000 for a covered passenger walkway, and $138,701 for emergency phone upgrades. The field earned FAA Part 139 certification in October 2024, and as of March 2026 the county had an on-airport hotel RFP pending across roughly 4,000 developable acres. Rising based-aircraft and FBO traffic delivers the discretionary-income owner profile this asset serves, at the same address.
- Indian River Drive corridor reconstruction: Fort Pierce broke ground November 6, 2025 on a $10.25 million full rebuild of Indian River Drive from Seaway Drive to Avenue A and Marina Way, funded by $3 million from the Fort Pierce Redevelopment Agency plus the half-cent infrastructure surtax, road impact fees, and a Florida Job Growth Infrastructure Grant, targeted for completion in early 2027. The corridor runs about 5 miles south and is the waterfront approach between downtown and this north-county site.
Key Demand Drivers
North Fort Pierce is adding rooftops, payrolls, and waterfront destinations faster than it is adding secure, climate-controlled private garage space. New apartment and townhome product delivers one or two assigned spaces per residence, while on-field aviation and marine-science employment concentrates the household that owns a daily performance car, a boat, and a project vehicle without the space to match.
- Airport West Commerce Park and on-field leasing: St. Lucie County is advancing a 90-acre Airport West Commerce Park and negotiating leases with Aero East across 5 parcels totaling 40 acres and with Aero West across 2 parcels, all on this site's campus.
- FAU Harbor Branch Oceanographic Institute: At 5600 US-1 North, roughly 4 miles northeast, the institute supports approximately 200 ocean scientists, staff, and students and runs the Ocean Discovery Visitors Center.
- King's Landing: The $155 million downtown Fort Pierce waterfront redevelopment about 5 miles south pairs a 140-room Marriott Tribute hotel with residential and retail; Villas at King's Landing began selling in February 2026, with hotel completion targeted for July 11, 2028.
- Indrio Woods: County commissioners approved 229 apartments on 32 acres at Indrio Road and Taylor Dairy Road, roughly 3 miles north.
- Indrio Town Center: A mixed-use retail and workspace rezoning on Indrio Road about 3 miles north advanced to the Board of County Commissioners in June 2026, projecting 10,980 daily external trips at buildout.
Location Highlights
- MSA Position: The Port St. Lucie metro anchors the Treasure Coast, and its core city has led the nation's 91 largest cities in growth for five straight years.
- Enthusiast Culture: The site's campus is a certificated airport with an established FBO and general-aviation base, and Fort Pierce's working waterfront on the Indian River Lagoon adds a marine and boat-owner element.
- Infrastructure & Recreation: A $10.25 million Indian River Drive rebuild runs to early 2027, and the $155 million King's Landing district is under construction 5 miles south.
- Market-Specific Factor: Demand here tilts toward active-use collections rather than static display, garages holding a daily performance car, a boat, and a project vehicle.
- Tax & Quality of Life: No state income tax on wages, retirement income, or capital gains, the largest driver of Florida's leading net $20.6 billion interstate AGI inflow.
- High Net Worth Concentration: Households above $200,000 number 225 within 3 miles and 1,801 within 7 miles, with median home values climbing from $233,137 to $283,130 across that span.
Area Demographics (ACS 2024)
5-Mile Profile: Population 45,793 | Median HH Income $50,715 | HH Earning $150K+ 6.9% | Median Age 43.0 | Age 55+ 37.2% | Seasonal Units 9.2% | Households with 3+ Vehicles 15.0%
Wealth Index: 0.4 / 10 (SCK portfolio-relative)
Unit values
| Unit | Size | Market value | $ / SF |
|---|---|---|---|
| Unit 2 | 1,400 SF | $426,000 | $304 / SF |
| Unit 3 | 1,400 SF | $427,000 | $305 / SF |
| Unit 4 | 1,400 SF | $428,000 | $306 / SF |
| Unit 5 | 1,400 SF | $427,000 | $305 / SF |
| Unit 6 | 1,400 SF | $427,000 | $305 / SF |
| Unit 7 | 1,400 SF | $426,000 | $304 / SF |
| Unit 8 | 1,400 SF | $426,000 | $304 / SF |
| Unit 9 | 1,400 SF | $426,000 | $304 / SF |
| Unit 10 | 1,400 SF | $426,000 | $304 / SF |
| Unit 11 | 1,400 SF | $426,000 | $304 / SF |
| Unit 12 | 1,400 SF | $426,000 | $304 / SF |
| Unit 13 | 1,400 SF | $426,000 | $304 / SF |
| Unit 14 | 1,400 SF | $426,000 | $304 / SF |
| Unit 15 | 1,400 SF | $426,000 | $304 / SF |
| Unit 16 | 1,400 SF | $426,000 | $304 / SF |
| Unit 17 | 1,400 SF | $426,000 | $304 / SF |
| Unit 18 | 1,400 SF | $426,000 | $304 / SF |
| Unit 19 | 1,400 SF | $426,000 | $304 / SF |
| Unit 20 | 1,540 SF | $458,000 | $297 / SF |
| Unit 21 | 1,540 SF | $457,000 | $297 / SF |
| Unit 22 | 1,540 SF | $456,000 | $296 / SF |
| Unit 23 | 1,540 SF | $456,000 | $296 / SF |
| Unit 24 | 1,540 SF | $456,000 | $296 / SF |
| Unit 25 | 1,540 SF | $457,000 | $297 / SF |
| Unit 26 | 1,540 SF | $457,000 | $297 / SF |
| Unit 27 | 1,540 SF | $456,000 | $296 / SF |
| Unit 28 | 1,540 SF | $457,000 | $297 / SF |
| Unit 29 | 1,540 SF | $455,000 | $296 / SF |
| Unit 30 | 1,540 SF | $457,000 | $297 / SF |
| Unit 31 | 1,540 SF | $456,000 | $296 / SF |