505 N 27th ST Active Save Request In-Person Tour Request Virtual Tour
Fort Pierce,FL 34947
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,760 sqft
Price per Sqft $298
Subdivision Magnolia Park Subdivision
MLS Listing ID RX-11111382
Bedrooms 6
Full Baths 2
Construction Status Under Construction
HOA Y/N No
Year Built 2025
Annual Tax Amount $455
Tax Year 2024
Lot Size 0.340 Acres
Property Sub-Type Duplex
Property Description
BRAND NEW Duplex Investment Opportunity! This exceptional property boasts a monthly gross revenue of $4,974 making it an ideal addition to any real estate portfolio. It has an impressive annual gross income of nearly $60,000. With a cap rate of approximately 10.04%, this investment offers a compelling rate of return that surpasses many market alternatives. Each unit is extremely efficient and situated in a high-demand location, ensuring consistent tenant interest and dependable cash flow. Don't miss your chance to secure this lucrative investment property!
Location
State FL
County St. Lucie
Area 7070
Zoning Medium
Interior
Heating Central Individual,Electric
Cooling Central Individual,Electric
Flooring Concrete
Exterior
Exterior Feature Awnings,Room for Pool
Utilities Available Cable,Electric,Public Water,Septic
Amenities Available None
Waterfront Description None
Roof Type Metal
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 1.0
Foundation Block,CBS,Concrete
Construction Status Under Construction
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash,Conventional,FHA,FHA203K,VA
Listing Terms Cash,Conventional,FHA,FHA203K,VA
Financing Cash,Conventional,FHA,FHA203K,VA