Bought with Nex Gen Realty & Property Mgnt
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203 Southland DR Fort Pierce, FL 34982
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Key Details
Sold Price $520,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,050 sqft
Price per Sqft $128
Subdivision None
MLS Listing ID RX-10709888
Sold Date 07/26/21
Bedrooms 8
Full Baths 4
Half Baths 4
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 6
Year Built 1976
Annual Tax Amount $4,175
Tax Year 2020
Property Description
INVESTOR ALERT 8.5% CAP RATE for both buildings, potential for 10%. Rare opportunity for 2 quadplex buildings with a total of 8 units (205 Southland Dr) CBS block base w/ frame 2nd story, metal roof, separate electric meters. This listing is for the Four 2 br, 1.5 bath units in 203 Building each with own central AC, range, refrigerator and hurricane shutters for all windows. Great income potential. See listing for 205 Southland for other quadplex building available for total of 8 units, purchase both buildings for $1.05 M
Location
State FL
County St. Lucie
Area 7100
Zoning res
Interior
Heating Central
Cooling Central
Flooring Carpet, Tile
Exterior
Exterior Feature Open Patio, Open Porch, Shutters
Utilities Available Cable, Electric, Septic, Well Water
Amenities Available None
Waterfront Description None
Roof Type Metal
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre, East of US-1
Story 2.0
Foundation Block, CBS, Frame
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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