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711 S Ocean Drive

Fort Pierce, FL 34949
  • $1,450,000
  • STATUS: Active
  • ON SITE: 198 Days
  • ID#: RX-10988240
UPDATED: 71 min ago
$1,450,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,082
    SQFT
  • $696
    $/SQFT
Type:
Multi-Family
Built:
1952
County:
Area:

School Ratings & Info

Description

GREAT PROPERTY with the potential for 4 Fully Furnished rental units including 2 efficiencies, 2 one-bedroom apartments and a separate utility room with laundry facilities and extra storage. Building completely updated with new water/sewer lines, electric, roof, impact windows, AC and paint. Being sold fully furnished/turnkey. Each unit has a private entrance. Public beach and ocean access across the street. Great seasonal, vacation, short term or long-term rentals - you decide. Each 1 BR unit can be combined with the adjacent efficiency to make a 2BR/2Ba apartment. There is also a 1-car garage in back of property and plenty of room for a pool or possibly additional units. (Additional permitting and approvals would be required.) Walk to the Fort Pierce Jetty restaurants/nightlife.

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www.evluxuryrealestate.com/homes/150632945
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711 S Ocean Drive Fort Pierce, FL 34949

  • Price: $1,450,000
  • Status: Active
  • On Site: 198 Days
  • Updated: 71 min ago
  • ID#: RX-10988240
0
Beds
0
Baths
0
½ Baths
0.32
Acres
2,082
SQFT
$696
$/SQFT
1952
Built
Neighborhood:
Ocean View Subdivision Replat Holley & Morgan
County:
St. Lucie
Area:
Fort Pierce
Property Description
GREAT PROPERTY with the potential for 4 Fully Furnished rental units including 2 efficiencies, 2 one-bedroom apartments and a separate utility room with laundry facilities and extra storage. Building completely updated with new water/sewer lines, electric, roof, impact windows, AC and paint. Being sold fully furnished/turnkey. Each unit has a private entrance. Public beach and ocean access across the street. Great seasonal, vacation, short term or long-term rentals - you decide. Each 1 BR unit can be combined with the adjacent efficiency to make a 2BR/2Ba apartment. There is also a 1-car garage in back of property and plenty of room for a pool or possibly additional units. (Additional permitting and approvals would be required.) Walk to the Fort Pierce Jetty restaurants/nightlife.
Exterior Features

Carport Spaces 0.00 Construction CBS Exterior Features Auto SprinklerCovered PatioOpen PorchRoom for Pool Lot Description 1/4 to 1/2 Acre Lot Dimensions 52 x 260 Private Pool YN No Roof Metal Storm Protection Impact Glass Complete Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Unit4 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Central Flooring Ceramic Tile Heating CentralElectric Unit1 Desc Smoke Detector Unit1 Full Baths 1 Unit1 Furnished Yes Unit1 Info Efficiency Unit1 Sq Ft 240 Unit2 Bedrooms 1 Unit2 Desc DishwasherElectric MeterKitchenMicrowavePatioRange - ElectricRefrigeratorSeparate Dining Unit2 Full Baths 1 Unit2 Furnished Yes Unit2 Sq Ft 860 Unit3 Desc A/C Unit Unit3 Full Baths 1 Unit3 Info Efficiency Unit3 Sq Ft 240 Unit4 Bedrooms 1 Unit4 Desc DishwasherElectric MeterKitchenMicrowavePatioRange - ElectricRefrigeratorSeparate Dining Unit4 Full Baths 1 Unit4 Furnished Yes Unit4 Sq Ft 860

Property Features

Annual Net Operating Income 0.00 Annual Total Expenses 0.00 Auction No Available Info Other Built Desc Resale Gated Community No Gross Operating Income 0.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Quad Plex 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 2955.00 Subdivision Amenities Common LaundryPickleballPicnic AreaPlaygroundSidewalksStreet LightsTennis Tax Amount 7908.26 Tax Year 2023 Taxes City/County Tenant Pays None Terms Considered CashConventional Unit1 Monthly Income 1200.00 Unit2 Monthly Income 2800.00 Unit3 Monthly Income 1200.00 Unit4 Monthly Income 2800.00 Utilities ElectricPublic SewerPublic WaterUnderground Zoning HIMedi

Listing provided courtesy of Keller Williams Realty Of Psl: . Listing information © 2024 BeachesMLS
 
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Thomas Kane | TrustLarry Real Estate
3111 Bayview Drive
Fort Lauderdale FL, 33306