1156 S Ocean Dr - Apartments FOR SALE


Fort Pierce, FL 34949- South Beach
$3,495,000 USD
772-631-4248
1156 S Ocean Dr, Fort Pierce, FL for Sale
$3,495,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

1156 S Ocean Dr
Fort Pierce, FL 34949
South Beach


HIGHLIGHTS

  • CBS construction enhanced with full impact-rated windows and doors, blending timeless durability with modern coastal design
  • Panoramic, unobstructed views of the Atlantic Ocean, offering an unparalleled beachfront living experience
  • Private Beach Access Path – Exclusive walkway providing direct access from the property to the sandy shores of the Atlantic Ocean.
  • Each residence individually metered, providing privacy, independence, and efficient utility management
  • Meticulous full renovation completed with designer-grade finishes

OVERVIEW

This boutique four-unit oceanfront apartment building offers an extraordinary opportunity for investors seeking a luxury coastal property with versatile income potential. Perfectly positioned on the white sandy beaches and turquoise waters of the Atlantic Ocean in Fort Pierce, Florida, the property comprises four beautifully renovated two-bedroom, two-bath residences designed for comfort, style, and effortless beachside living. Each unit is individually metered for water and electric, allowing for efficient utility management and flexible leasing arrangements. Investors can capitalize on multiple income strategies — from short-term or vacation rentals to long-term leases — or choose to reserve one oceanfront residence for personal use and enjoy the rare privilege of owning a private retreat on the beach. The upper-level units feature sweeping, unobstructed ocean views that capture the essence of coastal Florida luxury and make this property a standout investment in one of the state’s most charming seaside communities.

FOR SALE DETAILS

PRICE

$3,495,000 USD

PRICE/SF

$686 USD /SF

# OF UNITS

4

PRICE/UNIT

$873,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,702 SF

ZONING

R4A

APN/PARCEL ID

24-01-810-0007-0003

ASK ABOUT THIS PROPERTY

Reid ArmorNAI Southcoast CommercialMore Info
772-631-4248

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Reid ArmorNAI Southcoast CommercialMore Info
772-631-4248

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.