Multifamily in Fort Pierce, FL 34947
Garden City Farms, 2703 Avenue G

$525K8.6%
$480,000
1,780
SqFt
Status
Sold - Sep 18, 2025
Size
1,780 SqFt (165 m2)
Price
$270/SqFt ($2,903/m2)
Type
Multifamily
Built
2025
MLS Number
R11121897
On Site
365 Days
Updated
18 Days ago
Page Views
0
NEW CONSTRUCTION ~Blt. 2025
New Construction is the listings in the subdivision built in the last 2 years and in most cases never been occupied.
BRAND NEW Duplex Investment Opportunity! This exceptional property boasts a monthly gross revenue of $4,974 making it an ideal addition to any real estate portfolio. It has an impressive annual gross income of nearly $60,000. With a cap rate of approximately 10.1%, this investment offers a compelling rate of return that surpasses many market alternatives. Each unit is extremely efficient and situated in a high-demand location, ensuring consistent tenant interest and dependable cash flow. Don't miss your chance to secure this lucrative investment property!

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: None
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Concrete
      • Construction Type: Duplex
      • Year Built: 2025
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2025-09-07T18:28:23.000-00:00
        Taxes, Fees & More
        • Taxes: 633.03
        • Total Units in Building: 2

        Apples-to-Apples Comparables

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        Price History

        Current
        $480K
        High
        $525K
        Low
        $480K
        Total Change
        -8.6%
        $530K$502K$475KSep 25Sep 25Sep 25
        Date
        Event
        Price
        Change
        Price Per
        09/18/2025
        Sold
        $480K
        0%
        $270 ft2
        $2,903 m2
        09/19/2025
        Price Reduced
        $480K
        -8.57%
        $270 ft2
        $2,903 m2
        09/08/2025
        Listed
        $525K
         
        $295 ft2
        $3,175 m2
        09/18/2025
        $480K
        Event
        Sold
        Change
        0%
        Price Per
        $270 ft2
        $2,903 m2
        09/19/2025
        $480K
        Event
        Price Reduced
        Change
        -8.57%
        Price Per
        $270 ft2
        $2,903 m2
        09/08/2025
        $525K
        Event
        Listed
        Price Per
        $295 ft2
        $3,175 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Nicholas Tobis • Meant2b Realty LLC • Buyer Agency Compensation .

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        Scores

        Walk Score®
        Car-Dependent. Almost all errands require a car
        23

        100
        Bike Score®
        Somewhat Bikeable. Minimal bike infrastructure
        42

        100
        Sound Score®
        Bearable noise
        77

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        27

        100
        Local Score
        Limited local amenities nearby
        1

        100
        Community Snapshot
        2 – 2 BR
        Bedrooms
        $150K – $405K
        Price Tier
        576 - 2,126
        SqFt Range
        1962
        Year Build
        1
        Total Floors

        Subdivision Amenities

        Bike Storage
        None

        Fort Pierce
        Entry-Level
        Entry-Level Homes & Condos