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1301 Emerald Ter Fort Pierce, FL 34950
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Key Details
Sold Price $1,800,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 11,160 sqft
Price per Sqft $161
Subdivision Morgans Sub
MLS Listing ID F10387093
Sold Date 08/08/23
Style Duplex
Construction Status Resale
HOA Y/N No
Year Built 1972
Annual Tax Amount $16,331
Tax Year 2022
Property Sub-Type Duplex
Property Description
14 units , 28 bedrooms .Investors dream! This residential complex in Ft. Pierce presents a fantastic opportunity for savvy investors. With 14 units, all featuring 2 bedrooms, this property holds great potential for rental income and long-term returns.
Property Details:
6 units currently rented on a month-to-month basis, providing immediate cash flow.
4 units have undergone almost complete renovation.
4 units in decent condition, requiring cleaning to maximize their rental potential.
Each unit has its own water and electric meters.
Central AC.
2 laundry facility spaces for coin operated laundry income.
Hurricane impact windows already bought for all units and on location waiting to be installed.
The going rental market price s $1,600
Location
State FL
County St. Lucie County
Area St Lucie County 7060; 7070; 7080; 7090
Zoning Multi
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Laminate, Tile Floors
Exterior
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 2.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with EXP Realty, LLC