$385,000
For Sale

700 Boston Avenue

Fort Pierce, FL 34950
1892 sqft | 3 beds | 3 baths | 0.22 acres | #RX-11082500
Browse 33 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Unique Opportunity in the Heart of Uptown Fort Pierce! A rare flex-use Triple offering both residential and commercial potential just west of vibrant Downtown Fort Pierce. 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 first time homeowners or an investor looking for a place to live and generate income. Currently, there's 3 distinct units that can be combined to larger living space consisting of a 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 flexibility.
Currently vacant and ready for occupancy, this is an excellent opportunity for investors seeking rental income, an owner looking for a new home in a bustling area, or visionaries looking to hold for future redevelopment in an area poised for growth.

  • Property Details
      • InteriorWalk-in Closet, Upstairs Living Area, Split Bedroom, Foyer, Entry Lvl Lvng Area
      • Lot Features< 1/4 Acre, Corner Lot, Paved Road, Public Road, Treed Lot
      • Lot Description< 1/4 Acre, Corner Lot, Paved Road, Public Road, Treed Lot
      • Utility FeaturesElectricity Connected, Public Sewer, Public Water
      • High SchoolFort Pierce Central High School
      • Elementary SchoolFairlawn Elementary School
      • Middle SchoolForest Grove Middle School
      • Property SubtypeSingle Family Detached
      • SubdivisionMetes and Bounds
      • CoolingCeiling Fan
      • HeatingWindow/Wall
      • StyleDup/Tri/Row
      • RoofComposition
      • ZoningOffice Comm
      • MLS #RX-11082500
      • MLS #RX-11082500
      • CountySt. Lucie
      • Property TypePurchase
      • Original List Price$385,000
      • Taxes Annual$3,452
      • Cost385000
      • Acres0.217
      • ViewCity
      • Square Feet1892
      • Lot Size (sqft)9454
      • Year Built1947
      • Bedrooms3
      • Bathrooms3
      • Full Baths3

Location

Lynn A GansterRealtor
OR

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