$1,200,000
Fort Pierce, FL 34949
MLS# RX-10981943
7 baths  |  3048 sqft
Fort Pierce, FL 34949
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Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949 Fort Pierce, FL 34949

Property Description
Welcome to this charming 7-unit residential building in the heart of Hutchinson Island, Florida, offering an ideal blend of coastal living and convenience. This property features six cozy studio/efficiency units, perfect for individuals seeking a comfortable living space, along with a meticulously updated 2-bedroom, 1-bathroom unit. Currently, one unit is occupied, while six are vacant, presenting an excellent investment opportunity. Residents can enjoy the convenience of shared gas and electric appliances, a communal laundry room, and additional storage space on the first floor. Situated just steps away from the majestic Atlantic Ocean, with nearby beach access within walking distance. Views of the ocean from unit 7. This property promises a lifestyle of sun, sea, and relaxation.

Details
Contract Information
Status: Active
Original List Price: 1200000
Auction: No
List Price: $1,200,000
Current Price: $1,200,000
List Price/Bldg SqFt: 393.7
Listing Date: 2024-04-26
Comm/Non-Rep: $500.00
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: MultiFamily (5+ Units)
For Sale: Yes
For Lease: No
Property Desc: MF
Subdivision: TROPICAL BEACH
Year Built: 1958
SqFt - Living: 3048
SqFt Source: Tax Rolls
# of Stories: 2
Total Units: 7
Baths - Total: 7
Acres: 0.16
% Air Conditioned: 100
Waterfront: No
Location, Tax & Legal
Area: 7010
Geo Area: SL09
Country: United States
State/Province: FL
Zip Code: 34949
Zoning: HIMedi
Legal Desc: TROPICAL BEACH BLK 2 LOT 20-LESS SLY 10 FT- (MAP 24/01H)
Tax Year: 2023
Real Estate Taxes: 14559.2
Remarks & Misc
Directions: .Turn right onto FL-714 / SE Monterey Rd, Turn right onto FL-A1A / SE Ocean Blvd, At the, roundabout, take the 2nd exit.At the roundabout, take the 2nd exit.At the roundabout, take the 2nd exit.
Office/Member Info
DXORIGMLNO: RX-10981943
DXORIGMLSID: RML
Property Features
Use: Income
Type of Building: Resident. Multi-Fam.
Construction: CBS
Sale Includes: Building and Land
Avail Docs: Previous Title
Avail Info: None
Miscellaneous 1: Landscaped; Laundry
Flooring: Tile; Vinyl Floor
Cooling: Wall-Win A/C
Heating: Window/Wall; Other
Fire Protect: Smoke Alarm
Tenant Pays: Electric; Gas; Repairs; Water
Utilities: Gas Natural; Public Sewer; Public Water
Waterfront Details: None
Roof: Comp Shingle
Terms Considered: Cash; Conventional
Lease: Annual
Possession: At Closing; Funding
Supplements
Fabulous investment opportunity for long term rentals or short term rentals that can bring in over $200,000 a year. Don't miss the chance to own a piece of Florida's coastal charm in this thriving community.

Listing Office: Elevate Realty LLC

Last Updated: April - 27 - 2024

Fort Pierce, FL 34949 - MLS# RX-10981943

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Tuesday 7th of May 2024 09:46 PM