$534,000
$555,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
3,120 SqFt
SOLD DATE : 07/06/2026
Key Details
Sold Price $534,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $171
MLS Listing ID B26048477
Sold Date 07/06/26
Construction Status Resale
HOA Y/N No
Year Built 1937
Annual Tax Amount $3,607
Tax Year 2025
Contingent Appraisal,Financing,Inspection
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Multi Family
Property Description
Set it and forget it! 5 side-by-side cottages near downown Fort Pierce! Rented through this year and next by a charitable organization. $5,000 this year, $5,200 next year. Insurance is $4,000 per year, taxes $3300 per year, coming out to an 8.6% CAP rate. And there's more! Fully renovated inside and out with newer roofs and impact windows, kitchen, bathrooms, flooring, etc, etc!. 4 are 1 bedroom, 1 is a 2 bedroom.
Location
State FL
County St Lucie
Area 7070
Zoning RM-6
Interior
Interior Features InteriorFeatures
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplace No
Exterior
Fence Partial
Utilities Available Sewer Connected, Water Connected
Water Access Desc Multiple Meters,Public
Roof Type Composition
Accessibility None
Building
Lot Description City Lot, 1/4 to 1/2 Acre Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Multiple Meters, Public
Level or Stories One
Structure Type Frame
New Construction No
Construction Status Resale
Others
Restrictions City Restrictions
Tax ID 241060401390002
Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Security Fence
Acceptable Financing Cash, Conventional, Owner Will Carry, Owner May Carry
Listing Terms Cash, Conventional, Owner Will Carry, Owner May Carry
Financing Conventional
Special Listing Condition Standard
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Bought with Matthew Hornaday EXP Realty LLC
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