Address: 2050 Oleander Boulevard #5-202 #10, FORT PIERCE, FL 34950
Description
"STRATEGIC INVESTMENT OPPORTUNITY. Exceptional portfolio of 7 units for sale at the sought after Island House Condominiums. This package offers a rare opportunity for investors to acquire a significant footprint within a stable, high demand rental community in Fort Pierce. Units are well maintained and feature functional layouts, perfect for long term tenants. Centrally located minutes from River State College, shopping centers, and major transport links. The association covers water, exterior maintenance, and interior plumbing, simplifying management. A key advantage for the future owner: each unit carries its own unique Tax ID and legal description. This provides maximum flexibility to finance or sell units individually, allowing for a quick cash out strategy or staggered divestment. Ideal for portfolio growth or 1031 Exchange. DO NOT DISTURB TENANTS. Financials available upon request."This property is part of a 7 property portfolio. Can be sold together or individually. See MLS#s #O6376625 #O6376666 #O63776675 #O6376684 #O6376690 #O6376693 #O6376698
"STRATEGIC INVESTMENT OPPORTUNITY. Exceptional portfolio of 7 units for sale at the sought after Island House Condominiums. This package offers a rare opportunity for investors to acquire a significant footprint within a stable, high demand rental community in Fort Pierce. Units are well maintained and feature functional layouts, perfect for long term tenants. Centrally located minutes from River State College, shopping centers, and major transport links. The association covers water, exterior maintenance, and interior plumbing, simplifying management. A key advantage for the future owner: each unit carries its own unique Tax ID and legal description. This provides maximum flexibility to finance or sell units individually, allowing for a quick cash out strategy or staggered divestment. Ideal for portfolio growth or 1031 Exchange. DO NOT DISTURB TENANTS. Financials available upon request."This property is part of a 7 property portfolio. Can be sold together or individually. See MLS#s #O6376625 #O6376666 #O63776675 #O6376684 #O6376690 #O6376693 #O6376698
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Sidewalk
Living Area: 5588.00
Roof: Shingle
Property Information
Property Condition: Completed
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Central, Electric
Pets Allowed: Size Limit
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Sewer Connected, Water Connected
Finance and Tax Information
Home Owners Association Fee: 4380.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Rental Information
Tenant Pays: Electricity, Sewer, Trash Collection
Other Features
Association Name: Paradise Association Management/ Stephanie Hudson
Association Phone: 772-388-0172
Country: US
Furnished: Unfurnished
Interior Features: Open Floorplan
Legal Description: ISLAND HOUSE CONDOMINIUM PHASE II BLDG V APT 202 AND PRO-RATA SHARE IN COMMON ELEMENTS (OR 3855-1002; 3941-411) /ISLAND HOUSE CONDOMINIUM-PHASE III (BLDG X) UNIT 106 (OR 3661-115: 3896-46) /ISLAND HOUSE CONDOMINIUM-PHASE III (BLDG X) UNIT 203 / ISLAND HOUSE CONDOMINIUM-PHASE III (BLDG X) UNIT 206 (OR 3731-1679: 3913-1307) /ISLAND HOUSE CONDOMINIUM-PHASE III BLDG XI- UNIT 108 /ISLAND HOUSE CONDOMINIUM PHASE IBLDG IV APT 203 (OR 3859-2801) /ISLAND HOUSE CONDOMINIUM PHASE IBLDG II APT 104 (OR 3658-2286: 3885-1147)
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