Fort Pierce FL Real Estate & Commercial for Sale

Welcome to this charming 7-unit residential building in the heart of Hutchinson Island, Florida, offering an ideal blend of coastal living and convenience. This property features six cozy studio/efficiency units, perfect for individuals seeking a comfortable living space, along with a meticulously updated 2-bedroom, 1-bathroom unit. Currently, one unit is occupied, while six are vacant, presenting an excellent investment opportunity. Residents can enjoy the convenience of shared gas and electric appliances, a communal laundry room, and additional storage space on the first floor. Situated just steps away from the majestic Atlantic Ocean, with nearby beach access within walking distance. Views of the ocean from unit 7. This property promises a lifestyle of sun, sea, and relaxation.

Steps from the Marina, the Park and the Bay and Yards from the OCEAN! Fully Stabilized Fully Rented solid Concrete Block 6 unit building apartment building Standing Seam Metal roof stated to be installed in 05. All units are in good condition. Some of the units have updated kitchens, and most have tile floors and window air conditioning units. Very Low Maintenance and easy to manage. Recent Sales of multi family in the immediate area appear to be selling around 300k/per door and this property is priced at 240k/door for immediate value. Market rents range from 1800- 2200/month in this general area *unit sq ft sizes approximate. FABULOUS SHORT TERM rental opportunity as well. Come see this gorgeous property before its gone.