Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Pets: | Pets Allowed |
| Lot Size: | 0.3 Acres |
Financials
Price:$1,200,000
Annual Taxes:$21,169.81
Listing Courtesy of LPT Realty, LLC
Rare opportunity to acquire two adjacent fourplex buildings totaling 8 large 2BR 1.
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
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
