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2703 Avenue G

Fort Pierce, FL 34947
  • $525,000
  • STATUS: Active
  • ON SITE: 8 Days
  • ID#: RX-11040234
UPDATED: 61 min ago
$525,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,780
    SQFT
  • $295
    $/SQFT
Neighborhood:
Garden City Farms Resubdivision Tract 113
Type:
Multi-Family
Built:
2024
County:
St. Lucie
Area:
Fort Pierce

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Description

BRAND NEW Duplex Investment Opportunity! This exceptional property boasts a monthly gross revenue of $4,974 making it an ideal addition to any real estate portfolio. It has an impressive annual gross income of nearly $60,000. With a cap rate of approximately 10.74%, this investment offers a compelling rate of return that surpasses many market alternatives. Each unit is extremely efficient and situated in a high-demand location, ensuring consistent tenant interest and dependable cash flow. Don't miss your chance to secure this lucrative investment property!

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www.evluxuryrealestate.com/homes/158287266
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2703 Avenue G Fort Pierce, FL 34947

  • Price: $525,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 61 min ago
  • ID#: RX-11040234
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1,780
SQFT
$295
$/SQFT
2024
Built
Neighborhood:
Garden City Farms Resubdivision Tract 113
County:
St. Lucie
Area:
Fort Pierce
Property Description
BRAND NEW Duplex Investment Opportunity! This exceptional property boasts a monthly gross revenue of $4,974 making it an ideal addition to any real estate portfolio. It has an impressive annual gross income of nearly $60,000. With a cap rate of approximately 10.74%, this investment offers a compelling rate of return that surpasses many market alternatives. Each unit is extremely efficient and situated in a high-demand location, ensuring consistent tenant interest and dependable cash flow. Don't miss your chance to secure this lucrative investment property!
Exterior Features

Carport Spaces 0.00 Construction BlockCBS Exterior Features None Lot Description 1/4 to 1/2 Acre Private Pool YN No Roof Metal Storm Protection Panel Shutters Complete Unit1 Parking Space Parking Unit2 Parking Space Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Central Flooring Concrete Heating Central Unit1 Bedrooms 3 Unit1 Desc A/C UnitKitchen Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 890 Unit2 Bedrooms 3 Unit2 Desc A/C UnitKitchen Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 890

Property Features

Annual Net Operating Income 0.00 Annual Total Expenses 0.00 Auction No Available Info None Built Desc New Construction Gated Community No Gross Operating Income 60000.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Duplex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Sq Ft Total 1780.00 Subdivision Amenities None Tax Amount 633.03 Tax Year 2024 Taxes New Construction Tenant Pays ElectricSewerWater Terms Considered CashConventionalFHA Unit1 Monthly Income 2497.00 Unit2 Monthly Income 2497.00 Utilities ElectricPublic SewerPublic Water Zoning SFMode

Listing provided courtesy of Meant2b Realty Llc: . Listing information © 2024 BeachesMLS
 
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3111 Bayview Drive
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