Home » Fort Pierce » 1610 N 25th St, Fort Pierce, FL 34947 | A11691689

Multi Family For Sale 1610 N 25th St, Fort Pierce, FL 34947

$2,200,000

Property Highlights

Listing ID A11691689 Status of this Listing: Active For Sale Property Type Commercial Sale Multi Family Building Area 10,136 Sqft/941.67 m2 approx. Lot area 22,651 Sqft/2104.35 m2 approx. Year Built 1969 Seller considers Owner Financing Time of this property on Rebonus 84 Day(s)

1610 N 25th St, Fort Pierce, FL 34947

Property Description: Investment Opportunity in Fort Pierce! This well-maintained 14-unit multifamily property offers an excellent income-generating potential. Located on a major street in a high-demand rental area, the property consists of a two-story building with 14 units, each offering 2 bedrooms and 1 bathroom with 720 sqft of living space. All units are equipped with central A/C and separate electrical meters for tenant convenience. On-site parking is available, and two separate areas are designated for washer and dryer use, providing additional income opportunities. The property has seen recent updates, including a new roof (2022) and underground electrical improvements (2023). With 40% owner financing available, this is a prime investment opportunity in the growing Fort Pierce market!

Useful Info

Original List Price:$2,200,000

Lease Details

Lease Terms Description:Annual Lease,Lease Renewal

Land Lot (Parcel) Details

Lot Size Acres:0.52
Lot Size Unit:Square Feet

Construction

Number of Buildings:1
Number of Units Total:14
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Tile
  • Ceramic Tile
Structure Type:
  • Multi Family
Stories:2

Property Features

Waterfront:No
Security:
  • Smoke Detector(s)
  • Fenced
Roof:
  • Shingle
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$14,206

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Lease Term:
  • 12 Months
Tenant Pays:
  • Electricity
  • Water
  • Trash Collection
Lease Considered:No

Community

Association Name:Schmidt RE Florida E
Senior Community:No

Parking

Parking Total Spaces:14
Covered Spaces:0
Parking Features:
  • Assigned
  • Free Parking

Utilities

Number of Separate Electric Meters:14
Sewer:
  • Other
Water Source:
  • Public

More Details

Other Information:
Flood ZoneX
FEMA Flood Zone DesignationsX
Ref1093936468

Zoning and Legal

Tax Legal Description:TUSKEGEE PARK S/D BLK 1 LOTS 1, 4 AND 5 AND N 40 FT OF LOT 8-LESS W 10FT- (OR 4095-2202)
Real Estate Folio Number (Parcel Number):2404-610-0001-000-6
Zoning Description:General
Public Survey Range:61

Listing History

Update/EventDate/Days
Published Date:November 11, 2024 4:03 pm
On Market Date:November 11, 2024
Price Change Date Time:November 11, 2024 4:03 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:November 11, 2024 4:03 pm
Status Last Changed:November 11, 2024 4:03 pm
Photos Last Modified:November 11, 2024 9:26 pm
Last Modified:November 12, 2024 2:00 am
Days on the Market Reference Date:November 12, 2024
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):190

Additional Information

Number of Photos:12
Location:,,
Included:Building & Land,,
Area:7070
Automated Valuation Display:Yes
Courtesy of:FIP Realty Services, LLC
Universal Property Id:US-12111-N-240461000010006-R-N

Location

Show Property Address:Yes
Street Name:25th St
Street Number:1610
Street Direction Prefix:N
Street Address:1610 N 25th St
City : Fort Pierce
State : Florida
Zip Code : 34947
County : St Lucie
Full Address:1610 N 25th St, Fort Pierce, FL 34947
Latitude:N27° 27' 52.1''
Longitude:W81° 39' 2.1''

Neighborhood

Postal City:Fort Pierce

Property Map