Hunter Advisors has been exclusively engaged to solicit offers for the purchase of the 125-room Residence Inn Port St. Lucie (the “Hotel” or “Property”), a six-story, institutionally branded extended-stay asset ideally located in the rapidly growing St. Lucie West corridor just off I-95. The Hotel benefits from proximity to a diverse mix of demand drivers including PGA Golf Club, Clover Park (New York Mets Spring Training), Town Center at St. Lucie West, and the rapidly expanding Tradition master-planned community. Positioned in one of the fastest-growing markets in the country, Port St. Lucie has experienced a 38% population increase and 47% GDP growth from 2020 to 2025 and was recently ranked the #1 hottest ZIP code in the United States, supported by strong in-migration, business formation, and wage growth.
The Property offers meaningful upside through the execution of a change-of-ownership PIP and implementation of a more localized, hands-on management approach. Additional demand growth is supported by continued investment in sports and mixed-use development within the market, including the New York Mets’ $60 million, 55,000-square-foot Player Development Complex adjacent to Clover Park, scheduled for completion in 2027, which is expected to enhance year-round visitation and player-related demand. Further reinforcing the market’s long-term trajectory, the $80 million Walton & One mixed-use development will introduce a new entertainment district anchored by a 6,000-seat professional soccer stadium, alongside retail, dining, and residential components. With limited new supply in the immediate submarket and accelerating demand driven by continued population and economic growth, the Residence Inn Port St. Lucie is well-positioned to capture additional market share and drive sustained ADR and RevPAR growth under new ownership.
