FL > Fort Pierce > Magnolia Park Subdivision
Fort Pierce, FL 34947,505 N 27th ST
Fort Pierce, FL 34947,505 N 27th ST
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Shelley Loewenstern

Shelley Loewenstern

+1(561) 251-3857
Listed by Meant2b Realty LLC
$525,000
Est. payment /mo
6 Beds
2 Baths
1,760 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,760 sqft

Price per Sqft $298

Subdivision Magnolia Park Subdivision

MLS Listing ID RX-11111382

Bedrooms 6

Full Baths 2

Construction Status Under Construction

HOA Y/N No

Year Built 2025

Annual Tax Amount $455

Tax Year 2024

Lot Size 0.340 Acres

Property Sub-Type Duplex

Property Description

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 10.04%, 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!

Location

State FL

County St. Lucie

Area 7070

Zoning Medium

Interior

Heating Central Individual, Electric

Cooling Central Individual, Electric

Flooring Concrete

Exterior

Exterior Feature Awnings, Room for Pool

Utilities Available Cable, Electric, Public Water, Septic

Amenities Available None

Waterfront Description None

Roof Type Metal

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre

Story 1.0

Foundation Block, CBS, Concrete

Construction Status Under Construction

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional, FHA, FHA203K, VA

Listing Terms Cash, Conventional, FHA, FHA203K, VA

Financing Cash,Conventional,FHA,FHA203K,VA

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agent

Shelley Loewenstern

+1(561) 251-3857

Agent | License ID: SL486426

Agent License ID: SL486426

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