741 Hernando Street, Fort Pierce, FL 34949

Prime Beachside Location: Situated just one block from South Hutchinson Island's pristine beaches, offering exceptional appeal for both long-term tenants and vacation rentals.

Fully Renovated Fourplex: Turnkey property featuring modern upgrades throughout all units, minimizing immediate capital expenditures.

Strong Rental Income Potential: Comparable renovated units in the area command $3,000+/month, supporting a pro-forma NOI of $100,800.

Flexible Rental Strategies: Ideal for both long-term leases and short-term vacation rentals, providing versatility to maximize returns.

Proximity to Major Developments:

• King's Landing Project: A significant mixed-use development in downtown Fort Pierce, including residential units, a hotel, and commercial spaces, is progressing after recent approvals, promising to invigorate the local economy. WPTV News Channel 5 West Palm

• Moore's Creek/Avenue D Redevelopment: A collaborative initiative aiming to revitalize the Lincoln Park District with mixed-use developments and affordable housing, enhancing community vibrancy. etwdc.org+2City of Fort Pierce+2fppd.org+2

• Highwaymen Museum: A forthcoming cultural landmark celebrating the renowned Highwaymen artists, expected to boost tourism and cultural interest in the area. fppd.org

Supportive City Initiatives: Fort Pierce's Strategic Plan 2025 outlines commitments to infrastructure improvements and economic development, fostering a conducive environment for property value appreciation. City of Fort Pierce

Scarcity of Comparable Assets: Limited availability of fully renovated multifamily properties this close to the ocean in Fort Pierce underscores the uniqueness and desirability of this investment.