700 Boston Avenue
Fort Pierce, FL 34950
1892 sqft | 0.22 acres | #RX-11082464
Description
Unique Investment Opportunity in the Heart of Uptown Fort Pierce!
A rare flex-use Triplex offering both residential and commercial potential just west of vibrant Downtown Fort Pierce and the U.S. Courthouse. Zoned for residential or office commercial use and situated on a prominent corner lot, this property provides on-site and on-street parking—ideal for tenants or customers.
3 distinct units: Spacious 2/1 unit upstairs, comfortable 1/1 unit and a
compact efficiency unit downstairs.
As a residential investment, the property generated $3,100/month in income which places this sale at a 7.8% cap rate. Located within walking distance of local restaurants, shops, and just minutes from the intercoastal waterways and beaches, this property offers the ideal blend of location and.... this property offers the ideal blend of location and flexibility.
Currently vacant and ready for occupancy, this is an excellent opportunity for investors seeking rental income or visionaries looking to hold for future redevelopment in an area poised for growth.
Property Details
- Utility FeaturesElectricity Connected, Public Sewer, Public Water
- SubdivisionMETES AND BOUNDS
- Property TypeMulti-Family
- RoofComposition
- ZoningOffice Comm
- MLS #RX-11082464
- MLS #RX-11082464
- Lot Features< 1/4 Acre
- Lot Description< 1/4 Acre
- CountySt. Lucie
- Original List Price$385,000
- Property SubtypeTriplex
- Taxes Annual$3,452
- Cost385000
- Exterior FeaturesFence
- Exterior MaterialsFence
- Acres0.217
- ViewCity
- Square Feet1892
- Lot Size (sqft)9454
- Year Built1947
- Stories2
- Fence1
Location
Legal
© BEACHES MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Bret McCain (#276690126)
Listing Office: Reef To Ranch Real Estate, Inc (#276537586)
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