1144 S Ocean Drive South Hutchinson Island
Fort Pierce, FL
Multi-family for Sale - $895,000 - 4,624 Sq. Ft. on 0.29 acres
Property Info
| CIMLS# | 975950 |
| Location 1144 S Ocean Drive South Hutchinson Island Fort Pierce FL 34949 | |
| Updated | March 8th, 2018 |
| Type | Multi-family |
| Price | $895,000 |
| Building | 4,624 Sq. Ft. |
| Land | 0.29 acres |
Property Description
Four Oceanfront Apartments for Sale! Three units are 1 bedroom and 1 bathroom and one unit is 1 bedroom and 2 bathrooms. These are large units over 900 SF each. Solid CBS Construction. All Units have their own electric and water meters.
The two Top Floor units have fabulous views of the Atlantic Ocean and rent for $1,200 per month. The 1st floor two units rent for $1,100 per month. Income and Expense information is shown on the attached Proforma. The property includes a coin-operated laundry facility and there are separate electric and water meters for that as well.
Numerous improvements were made to the building in 2015. These include new A/C systems, hot water heaters, appliances, impact windows (except for sliding doors) and a new roof. Property is currently tenant occupied. Fantastic Income Property!