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404 N 23rd Street
Fort Pierce FL 34950 US

$850,000

Active Listing ID RX-10949080
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Lot: 0.61 Acres
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Other

$850,000

Active Listing ID RX-10949080
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404 N 23rd Street Invest in this rare 6-unit property in Fort Pierce and secure a robust stream of passive income! Each unit, currently rented at or near full market value, offers 2 bedrooms and 1 bathroom. With separate power and water services, and a roof replaced in 2020, this is a low-maintenance investment. Perfectly positioned between Orlando and Miami on the East Coast, Fort Pierce is a strategic investment locale. With projects like King's Landing, Fisherman's Wharf, and Boardwalk on the Inlet underway, the area is poised for growth. Once upcoming rent increases take effect, you're looking at an attractive 8% Cap rate. Don't miss out on this excellent opportunity!

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Property Features

  • Facts
  • Lot Size: 0.61 Acres
  • Property Type: Commercial Lease
  • Property Sub-type: Other
  • Features
  • Floor Covering: Tile
  • Roof Type: Shingle
  • Heating Fuels: Central Furnace

Property

  • propertytype: Commercial Lease
  • propertysubtype: Other
  • listprice: 850000
  • unparsedaddress: 404 N 23rd Street
  • postalcity: Fort Pierce
  • stateorprovince: FL
  • country: US
  • postalcode: 34950
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.61
  • lotsizeunits: Acres
  • lotsizearea: 0.61
  • livingarea: 5328
  • livingareaunits: Square Feet
  • latitude: 27.45071
  • longitude: -80.347624
  • listagentfullname: Ethan McAuliffe PA
  • listagentemail: ethan.mcauliffe@exprealty.com
  • listagentkey: 3yd-RMLSFL-20160330182051079447000000
  • listagentmlsid: 20160330182051079447000000
  • listagentpreferredphone: 7723590300
  • listagentofficephone: 8888838509
  • listofficekey: 3yd-RMLSFL-20151113212001889686000000
  • listofficemlsid: 20151113212001889686000000
  • disclaimer: Copyright © 2024 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSFL
  • yearbuilt: 1984
  • listingcontractdate: 2024-01-11
  • listagenturl: https://www.realty.com
  • countyorparish: St. Lucie
  • parcelnumber: 240960200600007
  • flooring: Tile
  • heating: Central Furnace
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForRent
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • interiorfeatures: 8 foot ceilings
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.347624, 27.45071
  • customfields: {"AlternatePrices":[], "Expenses":[], "Taxes":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/RMLSFL/RX-10949080/?channel=rexren", "LeadRoutingEmail":"ethan.mcauliffe@exprealty.com", "BrokerName":"Exp Realty LLC", "ListingTitle":"Resident. Multi-Fam. - Fort Pierce, FL", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"a.shahin.broker@exprealty.net", "ListOfficeAddress1":"10752 Deerwood Park Blvd #100", "ListOfficeAddress2":null, "ListOfficeCity":"Jacksonville", "ListOfficePostalCode":"32256", "ListOfficeStateOrProvince":"FL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Exp Realty LLC", "ListBrokeragePhone":"(888) 883-8509", "ListBrokerageEmail":"adminfl@exprealty.com", "ListBrokerageWebsiteUrl":"https://www.realty.com", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"10752 DEERWOOD PARK BLVD. SUITE 100", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Jacksonville", "ListBrokerageStateOrProvince":"FL", "ListBrokeragePostalCode":"32256", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-04-06T08:50:40Z", "Neighborhoods":[{"Name":"7070", "Description":null}]}
Listing Changed: 4/6/2024 2:19:46 PM GMT
Source Updated Date: 4/29/2024 6:53:03 AM GMT

Courtesy of: Ethan McAuliffe PA, EXP Realty, LLC, ethan.mcauliffe@exprealty.com

Copyright © 2024 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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