Rare opportunity to acquire two adjacent fourplex buildings totaling 8 large 2BR 1.


Property

Website:https://www.nestseekers.com/5465890
Address:
Fort Pierce, FL
Ownership: For Sale
Type: Multi-Family
Lot Size: 0.2 Acres

Financials

Price:$2,400,000
Annual Taxes:$43,594.96

Description

Rare opportunity to acquire two adjacent fourplex buildings totaling 8 large 2BR/1.5BA units in one of Fort Pierce's fastest-growing coastal submarkets. Located near the Intracoastal, beaches, Jetty Park, marinas, restaurants, and downtown entertainment, this fully occupied multifamily portfolio offers immediate cash flow with approximately $157,800 in current gross annual income. Units average approximately 1,001 SF and feature separate electric meters, impact windows, and recent renovations. Frame and stucco construction with strong rental history and future upside through lease optimization. Positioned near major redevelopment projects including the planned surf park and continued Port of Fort Pierce expansion.

Amenities

  • Electricity Connected
  • Sewer Connected
  • Water Connected

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of LPT Realty, LLC

Fort Pierce FL USA