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8225 S Indian River Drive S

Fort Pierce, FL 34982
  • $875,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: RX-10868208
UPDATED: 78 min ago
$875,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,018
    SQFT
  • $218
    $/SQFT
Neighborhood:
Metes and bounds
Type:
Multi-Family
Built:
1979
County:
St. Lucie
Area:
Fort Pierce

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Description

INVESTORS SPECIAL! Excellent opportunity to invest in this NO HOA 1-acre parcel, with three separate properties, with an oversized rectangular pool, just steps away from Intracoastal and minutes from the ocean and beaches. Property features: main house 3/2 + Den, fireplace, & large bonus game/sunroom; 2/1 guest house, with a large, screened porch for entertaining, & a 1/1 apt. above the garage, with an upstairs open deck. Newer vinyl flooring in all properties, all bathrooms retiled, new electrical panels, new AC units and much more. PERFECT FOR SHORT TERM RENTAL (AIRBNB VRBO), a family retreat, vacation rental, or a camp. Property needs some additional work to finish up. Estimated Short Term Rental projections available upon request.

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8225 S Indian River Drive S Fort Pierce, FL 34982

  • Price: $875,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 78 min ago
  • MLS #: RX-10868208
0
Beds
0
Baths
0
½ Baths
1
Acres
4,018
SQFT
$218
$/SQFT
1979
Built
Neighborhood:
Metes and bounds
County:
St. Lucie
Area:
Fort Pierce
Property Description
INVESTORS SPECIAL! Excellent opportunity to invest in this NO HOA 1-acre parcel, with three separate properties, with an oversized rectangular pool, just steps away from Intracoastal and minutes from the ocean and beaches. Property features: main house 3/2 + Den, fireplace, & large bonus game/sunroom; 2/1 guest house, with a large, screened porch for entertaining, & a 1/1 apt. above the garage, with an upstairs open deck. Newer vinyl flooring in all properties, all bathrooms retiled, new electrical panels, new AC units and much more. PERFECT FOR SHORT TERM RENTAL (AIRBNB VRBO), a family retreat, vacation rental, or a camp. Property needs some additional work to finish up. Estimated Short Term Rental projections available upon request.
Exterior Features

Carport Spaces 0.00 Construction Frame Exterior Features Covered PatioOpen BalconyDeck Lot Description 1 To < 2 Acres Private Pool Description Inground Private Pool YN Yes Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Garage - AttachedOpen Parking View Other Waterfront Description None Waterfront YN No

Interior Features

Cooling CentralElectric Flooring Ceramic TileVinyl Floor Heating CentralElectric Unit1 Bedrooms 3 Unit1 Desc A/C UnitPatioRefrigeratorRange - ElectricKitchenElectric MeterDishwasherDen/Family Unit1 Full Baths 2 Unit1 Furnished No Unit1 Sq Ft 2674 Unit2 Bedrooms 2 Unit2 Desc A/C UnitKitchenScreened PorchRefrigeratorRange - ElectricPatioMicrowaveElectric MeterDishwasher Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 768 Unit3 Bedrooms 1 Unit3 Desc A/C UnitRange - ElectricRefrigeratorKitchenMicrowaveElectric MeterDishwasher Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 576

Property Features

Annual Net Operating Income 196108.00 Annual Total Expenses 41392.00 Application Fee 0.00 Auction No Available Info None Built Desc Resale Gated Community No Gross Operating Income 237500.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes None Multifamily Type Triplex Possession Funding REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses OtherProforma Special Assessment No Special Info HandymanSold As-Is Sq Ft Total 6120.00 Subdivision Amenities None Tax Amount 10192.50 Tax Year 2022 Taxes No Homestead Tenant Pays None Terms Considered Cash Unit1 Monthly Income 0.00 Unit2 Monthly Income 0.00 Unit3 Monthly Income 0.00 Utilities CableSepticWell WaterElectric Zoning Reside

Listing provided courtesy of Coastal Properties: [IDXCONTACTINFORMATION]. Listing information © 2023 BeachesMLS
 
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