404 N 23rd Street, Fort Pierce, FL 34950 | MLS RX-10949080 | Listing Information | Premier Realty Group
FOR SALE
$850,000

404 N 23rd Street
Fort Pierce, FL 34950    Directions

Multi-Family, Business Opportunities
Residence
6
Baths
5,328
Sq. Ft.
0.61
Acre Lot
Courtesy: EXP Realty, LLC
Premier Realty Group> Florida> Fort Pierce> 34950
Invest in this rare 6-unit property in Fort Pierce and secure a robust stream of passive income! Each unit, currently rented at or near full market value, offers 2 bedrooms and 1 bathroom. With separate power and water services, and a roof replaced in 2020, this is a low-maintenance investment. Perfectly positioned between Orlando and Miami on the East Coast, Fort Pierce is a strategic investment locale. With projects like King's Landing, Fisherman's Wharf, and Boardwalk on the Inlet underway, the area is poised for growth. Once upcoming rent increases take effect, you're looking at an attractive 8% Cap rate. Don't miss out on this excellent opportunity!
RX-10949080
Commercial - Multi-Family, Business Opportunities, 1 Story
6
1984
St. Lucie
0.61 Acres
Public
1
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

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Courtesy: EXP Realty, LLC
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