3261 S Us 1 Highway, Fort Pierce, FL 34982 | MLS M20018258 | Listing Information | Margaret and Dave Shinnebarger | BHHS Florida Realty

3261 S Us 1 Highway,  Fort Pierce, FL 34982

Status: Active
MLS#: M20018258
1of
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Last Updated: 1/25/2020 10:45 AM
Description for 3261 S Us 1 Highway Fort Pierce, FL 34982
Holy Cow! An 11% CAP Rate in South Florida? You Bet! Residential income with many units having been updated and one more duplex is being brought on-line. Electrical has been brought up to code. Some new septic drain fields and one new septic tank have been installed. Newer A/C in A-Frame 2-story home (center of community). Newer fencing and complete termite treatment throughout the complex. 4 contiguous parcels include 3 B/R 2 Bath main residence with carport, workshop, barn, pay washer/dryer facility for the community. First parcel contains 5 fully rented (annual leases) with 2 more units (1 Duplex) coming on-line. Plenty of space to build new units. Parcel 2 contains a 2,000 sq. ft. A-Frame home. Parcels 3-4 contain 3 – 2/BR 1/BA duplexes, all with impact glass, new concrete porches, freshly painted.
Price
$1,250,000
Maravilla Gardens Sub
St. Lucie
M20018258
Active
Description
Holy Cow! An 11% CAP Rate in South Florida? You Bet! Residential income with many units having been updated and one more duplex is being brought on-line. Electrical has been brought up to code. Some new septic drain fields and one new septic tank have been installed. Newer A/C in A-Frame 2-story home (center of community). Newer fencing and complete termite treatment throughout the complex. 4 contiguous parcels include 3 B/R 2 Bath main residence with carport, workshop, barn, pay washer/dryer facility for the community. First parcel contains 5 fully rented (annual leases) with 2 more units (1 Duplex) coming on-line. Plenty of space to build new units. Parcel 2 contains a 2,000 sq. ft. A-Frame home. Parcels 3-4 contain 3 – 2/BR 1/BA duplexes, all with impact glass, new concrete porches, freshly painted.
Listing Information
Property Type: Other
1949
Maravilla Gardens Sub
Public Water Service
Holding Tank
Cable TV, Electric, Water
Neighborhood
Room Information
Interior Features
Ceramic Tile, Laminate
Window/Wall Unit, Ceiling Fan(s)
Exterior / Lot Features
Composition, Concrete, Shingle
None
Financial Considerations
242760100580003
$4,426
2018
Market Trends and Price History
Listing Price History

Fort Pierce Real Estate

Fort Pierce is located in Florida. Fort Pierce, Florida 34982 has a population of 45,015.

The median household income in Fort Pierce, Florida 34982 is $35,372. The median household income for the surrounding county is $41,120 compared to the national median of $49,877. The median age of people living in Fort Pierce 34982 is 44 years.

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Courtesy: Berkshire Hathaway Florida Realty
This content last refreshed on 1/25/2020 10:45 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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