3261 S US 1 Highway

Estimated Monthly Payment: $6,069/mo 3261 S US 1 Highway, Fort Pierce, FL 34982 MLS# M20018258 Commercial Sale Listing Status: Active
4,678 sqft
58
8
0
0

REMARKS:

Holy Cow! An 11% CAP Rate in South Florida? You Bet! Residential income with many units having been updated and one more duplex is being brought on-line. Electrical has been brought up to code. Some new septic drain fields and one new septic tank have been installed. Newer A/C in A-Frame 2-story home (center of community). Newer fencing and complete termite treatment throughout the complex. 4 contiguous parcels include 3 B/R 2 Bath main residence with carport, workshop, barn, pay washer/dryer facility for the community. First parcel contains 5 fully rented (annual leases) with 2 more units (1 Duplex) coming on-line. Plenty of space to build new units. Parcel 2 contains a 2,000 sq. ft. A-Frame home. Parcels 3-4 contain 3 – 2/BR 1/BA duplexes, all with impact glass, new concrete porches, freshly painted.

OVERVIEW:

Commercial Sale
Multi Family
Active
7140 - White City Estates
Maravilla Gardens Sub
A-Frame
Frame, Concrete
1949
4678
Unpaved
Shingle
Central Air, Ceiling Fan(s), Wall/Window Unit(s), Wall/Window Unit(s)

FEATURES:

Fenced
Ceramic Tile, Laminate

FINANCIAL:

$1,250,000
$4,426
2018

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Berkshire Hathaway Florida Realty

 

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