Multifamily in Fort Pierce, FL 34950
Fort Pierce Residential, 1301 Emerald Ter

Beds
11,160
SqFt
$161
$/SqFt
Sold - Aug 08, 2023
Entry-Level Multifamily
Built in 1972
14 units , 28 bedrooms .Investors dream! This residential complex in Ft. Pierce presents a fantastic opportunity for savvy investors. With 14 units, all featuring 2 bedrooms, this property holds great potential for rental income and long-term returns.Property Details:6 units currently rented on a month-to-month basis, providing immediate cash flow.4 units have undergone almost complete renovation.4 units in decent condition, requiring cleaning to maximize their rental potential.Each unit has its own water and electric meters.Central AC.2 laundry facility spaces for coin operated laundry income.Hurricane impact windows already bought for all units and on location waiting to be installed. The going rental market price s $1,600 Information believed to be correct but subject to errors, omissions, changes, withdrawal without notice. Information including but not limited to sf, #room, #bedrooms in the property listing is deemed reliable, but should be verified by your attorney, zoning expert.
MLS Number: F10387093
On Site: 1178 Days
Updated: 7 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central, SeparateMeters
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Laminate,Tile
        • Year Built: 1972
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-06-27T00:02:15.000-00:00
          Taxes, Fees & More
          • Taxes: 16331
          • Real Estate Taxes: 898000
          • Total Floors in Building: 2
          • Total Units in Building: 1

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          Price History

          Current
          $1.8M
          High
          $2.2M
          Low
          $1.8M
          Total Change
          -17.8%
          $2.2M$2M$1.8MJun 23Aug 23
          Date
          Event
          Price
          Change
          Price Per
          08/08/2023
          Sold
          $1.8M
          -17.81%
          $161 ft2
          $1,736 m2
          06/26/2023
          Listed
          $2.2M
           
          $196 ft2
          $2,112 m2
          08/08/2023
          $1.8M
          Event
          Sold
          Change
          -17.81%
          Price Per
          $161 ft2
          $1,736 m2
          06/26/2023
          $2.2M
          Event
          Listed
          Price Per
          $196 ft2
          $2,112 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Jane KislinSelect Homes Realty Group LLC • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Car-Dependent. Almost all errands require a car
          0

          100
          Bike Score®
          Somewhat Bikeable. Minimal bike infrastructure
          18

          100
          Sound Score®
          Bearable noise
          76

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          29

          100
          Local Score
          Limited local amenities nearby
          0

          100
          Community Snapshot
          2 – 8 BR
          Bedrooms
          $120K – $11.3M
          Price Tier
          447 - 11,160
          SqFt Range
          1964
          Year Build
          1
          Total Floors

          Subdivision Amenities

          None

          Fort Pierce
          Entry-Level
          Entry-Level Homes & Condos