$1,100,000
741 Hernando Street
Fort Pierce, FL 34949
MLS# RX-10980978
Status: Pending
3136 sqft
741 Hernando Street, Fort Pierce, FL 34949
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Property Description
Explore investment potential with this quadplex just steps from South Hutchinson Island's beach. Currently, three vacancies and one tenant paying $1800/month. Perfect for AirBnB, VRBO, and seasonal rentals. Outside Investment and robust development on the island present an exciting opportunity to grab a piece of one of Florida's fastest growing beach towns.

Details
Maps
Documents
Contract Information
Listing Date: 2024-04-22
Status: Pending
Original List Price: 1100000
Auction: No
List Price: $1,100,000
Current Price: $1,100,000
List Price/SqFt: 350.76
Comm/Non-Rep: 0%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Quad Plex
Total # of Units: 4
Property Condition: Resale
Year Built: 1986
Number of Stories: 2
SqFt - Total: 4050
SqFt - Living: 3136
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Directions: A1A to Gulfstream, West to Hernando, South to property on the right.
Subdivision: Ocean View S/D Re Plat Holley & Morgan
Lot Dimensions: 70X131
Waterfront: No
Private Pool: No
Pets on Premises: No
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location, Tax & Legal
Area: 7010
Geo Area: SL09
Country: United States
County: St. Lucie
Parcel ID: 240150300920002
Street #: 741
Street Name: Hernando
Street Suffix: Street
State/Province: FL
Zip Code: 34949
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Legal Desc: OCEAN VIEW S/D REVISED PLAT HOLLEY AND MORGAN'S S/D BLK 9 LOT 8-LESS N 35.4
Zoning: R4A
Tax Year: 2023
Taxes: 14439
Geo Lat: 27.460829
Geo Lon: -80.290066
Office/Member Info
DXORIGMLNO: RX-10980978
DXORIGMLSID: RML
Status Change Info
Under Contract Type: Pending
Under Contract Date: 2024-04-28
Unit 1 Info
Bedrooms: 2
Full Bath: 2
Furnished: No
Monthly Income: 1800
Unit 2 Info
Bedrooms: 2
Full Bath: 1
Furnished: No
Unit 3 Info
Bedrooms: 2
Full Bath: 1
Unit 4 Info
Bedrooms: 1
Full Bath: 1
SqFt: 800
Income & Expenses
Gross Operating Inc: 42540
Annual Total Expense: 14760
Annual Net Oper Inc: 26553
Property Features
Source of Expenses: Owner
Construction: Frame
Waterfront Details: None
Unit 1 Desc: Range - Electric; Refrigerator
Unit 1 Parking: Open Parking
Unit 2 Desc: Microwave; Range - Electric; Refrigerator
Unit 2 Parking: Open Parking
Lot Description: < 1/4 Acre
Exterior Features: Covered Patio; Screened Balcony
Subdiv. Amenities: Bike - Jog; Common Laundry
Maintenance Fee Incl: Common Areas; Lawn Care; Maintenance-Exteior; Pest Control
Tenant Pays: Cable; Electric; Water
Restrict: Tenant Approval
Flooring: Carpet; Ceramic Tile
Cooling: Central; Electric
Heating: Central; Electric
Roof: Comp Shingle
Terms Considered: Cash; Conventional; FHA; VA
Utilities: Public Sewer; Public Water
Storm Protection: None
Taxes: City/County
Avail Info: Leases
Possession: At Closing; Funding
Showing Instructions: Text Listing Agent
Contingencies: None

Listing Office: LPT Realty

Last Updated: April - 28 - 2024

741 Hernando Street, Fort Pierce, FL 34949 - MLS# RX-10980978

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Monday 6th of May 2024 02:36 AM