511 N 2nd St - Apartments FOR SALE


Fort Pierce, FL 34950- Downtown Fort Pierce
$950,000 USD
772-519-6786
511 N 2nd St, Fort Pierce, FL for Sale
$950,000 USD
Apartments - FOR SALE
1/11
null | 6.53% Cap Rate

511 N 2nd St
Fort Pierce, FL 34950
Downtown Fort Pierce


HIGHLIGHTS

  • Median household income of $18,073 within a three mile radius
  • South Indian River Drive has a daily traffic count of 7,198 vehicles

OVERVIEW

Invest in Downtown Fort Pierce. Eight units with updated interiors! Fully rented with newer roofs, water heaters, some hurricane windows and room to expand! Located in Edgartown gives you flexibility on developing the property further! Also Available for sale is 506 N 2nd Street units 1-8. Purchase both sides of the street and own a great investment with huge potential!

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$188 USD /SF

# OF UNITS

8

PRICE/UNIT

$118,750

CAP RATE

6.53%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Palm Gardens

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,998 SF

ZONING

R4

APN/PARCEL ID

24-03-705-0091-0001

ASK ABOUT THIS PROPERTY

Donna BentonSouthern Castles Property Management & Real EstateMore Info
772-519-6786

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

Donna BentonSouthern Castles Property Management & Real EstateMore Info
772-519-6786

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