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2319 Tamarind Drive , 5 Units

Fort Pierce, FL 34949
  • $1,250,000
  • STATUS: Active Under Contract
  • ON SITE: 9 Days
  • MLS #: RX-10799493
Under Contract
$1,250,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,922
    SQFT
  • $319
    $/SQFT
Type:
Multi-Family
Built:
1973
County:
Area:

School Ratings & Info

Description

WHAT A UNIQUE OPPORTUNITY! THIS IS A FIVE UNIT CONDOMINIUM BUILDING WHICH ALL FIVE ARE INDIVIDUALLY DEEDED. THREE ONE BEDROOM UNITS AND TWO TWO BEDROOM UNITS. PERFECT FOR AN AIRBNB, MOTEL, CONDO COMPLEX, FAMILY COMPOUND, OR JUST KEEP IT AS IT IS. THIS A SOLID CBS STRUCTURE WITH NEWER IMPACT WINDOWS AND DOORS, NEWER 50 YEAR STONE COATED METAL BARRELL STYLE ROOF. SEPTIC SYSTEM AND DRAINFIELD WITH TANKS AND LIFTS REPLACED IN 2006. FRESHLY PAINTED AND NUMEROUS UPGRADES. STEPS AWAY FROM ONE OF THE BEST BEACHES ON THE EAST COAST. NO CITY TAXES AND IT IS NOT IN A FLOOD ZONE! FPL PROVIDES POWER. EACH UNIT HAS IT'S OWN METER AND ONE WATER METER. THE POTENTIAL INCOME OF THIS 5 PLEX IS HUGE.

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www.jackcodengroup.com/homes/128636315
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2319 Tamarind Drive , 5 Units Fort Pierce, FL 34949

  • Price: $1,250,000
  • Status: Active Under Contract
  • On Site: 9 Days
  • MLS #: RX-10799493
0
Beds
0
Baths
0
½ Baths
0.3
Acres
3,922
SQFT
$319
$/SQFT
1973
Built
Neighborhood:
Outer Reef, A Condominium
County:
St. Lucie
Area:
Fort Pierce
Property Description
WHAT A UNIQUE OPPORTUNITY! THIS IS A FIVE UNIT CONDOMINIUM BUILDING WHICH ALL FIVE ARE INDIVIDUALLY DEEDED. THREE ONE BEDROOM UNITS AND TWO TWO BEDROOM UNITS. PERFECT FOR AN AIRBNB, MOTEL, CONDO COMPLEX, FAMILY COMPOUND, OR JUST KEEP IT AS IT IS. THIS A SOLID CBS STRUCTURE WITH NEWER IMPACT WINDOWS AND DOORS, NEWER 50 YEAR STONE COATED METAL BARRELL STYLE ROOF. SEPTIC SYSTEM AND DRAINFIELD WITH TANKS AND LIFTS REPLACED IN 2006. FRESHLY PAINTED AND NUMEROUS UPGRADES. STEPS AWAY FROM ONE OF THE BEST BEACHES ON THE EAST COAST. NO CITY TAXES AND IT IS NOT IN A FLOOD ZONE! FPL PROVIDES POWER. EACH UNIT HAS IT'S OWN METER AND ONE WATER METER. THE POTENTIAL INCOME OF THIS 5 PLEX IS HUGE.
Exterior Features

Carport Spaces 0.00 Construction Cbs Exterior Features Room For Pool Lot Description 1/4 To 1/2 AcrePaved RoadPublic Road Lot Dimensions 105 X 125 Private Pool YN No Roof BarrelMetal Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Unit4 Parking Open Parking View Other Waterfront Description None Waterfront YN No

Interior Features

Cooling CentralElectric Flooring Ceramic Tile Heating CentralElectric Unit1 Bedrooms 1 Unit1 Desc A/C UnitElectric MeterRange - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 663 Unit2 Bedrooms 1 Unit2 Desc A/C UnitElectric MeterRange - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 646 Unit3 Bedrooms 1 Unit3 Desc A/C UnitElectric MeterRange - ElectricRefrigerator Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 663 Unit4 Bedrooms 2 Unit4 Desc A/C UnitKitchenRange - ElectricRefrigerator Unit4 Full Baths 2 Unit4 Furnished No Unit4 Sq Ft 975 Window Treatments Impact GlassSingle Hung Metal

Property Features

Annual Net Operating Income 40000.00 Annual Total Expenses 23000.00 Auction No Available Info Leases Built Desc Resale Contingent Active Under Contract Contingents Inspection Gated Community No Gross Operating Income 63000.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Quad Plex Possession Subject To Lease REO No Restrictions < 20 Lb Pet Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Assessment No Special Info Sold As-Is Sq Ft Total 4326.00 Subdivision Amenities None Tax Amount 1244.55 Tax Year 2021 Taxes County Only Tenant Pays CableElectric Terms Considered CashConventional Unit1 Monthly Income 900.00 Unit2 Monthly Income 900.00 Unit3 Monthly Income 1000.00 Unit4 Monthly Income 1250.00 Utilities CableElectricPublic Water Zoning Rs-4Co

Listing provided courtesy of Coldwell Banker Paradise. Listing information © 2022 BeachesMLS
 
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The Jack Coden Group | Keller Williams Eagle Realty
700 NE 90th St
Miami FL, 33138