Listed by Jeremiah Baron & Co. Commercial Real Estate LLC
$799,000
Coastal Triplex Investment
Details
APN 2401-601-0043-000-5
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,501
Net Rentable (SqFt) 2,481
Units 3
Price per SqFt $228
Year Built 1957
Year Renovated 2022
Buildings 1
Stories 2
Acreage 0.210
Zoning R4-A
Multifamily | 3 Units Located on Hutchinson Island
Marketing description
Situated on picturesque Hutchinson Island in Fort Pierce, FL, this beautifully renovated triplex presents a prime investment opportunity in one of the area’s most desirable coastal locations.
The two-story property features a versatile unit mix, including a spacious 2-bedroom, 2-bathroom unit, a 1-bedroom, 1-bathroom unit, and an additional efficiency unit.
Currently generating rental income ranging from $1,150 to $2,200 per month, the property offers flexible leasing options, including seasonal and short-term rentals, maximizing income potential.
This asset is ideally suited for investors seeking strong cash flow, rental flexibility, and long-term appreciation in a high-demand beachside market.
Listing Contacts
Listed by Jeremiah Baron & Co. Commercial Real Estate LLC
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