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670 Hernando Street
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PRICED AT ONLY: $2,200,000

Address: 670 Hernando Street, Fort Pierce, FL 34949

Description

Discover an incredible investment opportunity with this remodeled 5 plex, offering a total of 9 bedrooms and 6 bathrooms. Perfectly situated in an unbeatable location on South Hutchinson Island, this building is just a short walk from the pristine beaches. Fully licensed and operational, this income generating investment features 5 designated parking spaces, making it ideal for annual tenants or vacationers alike. Priced below appraised value, this well maintained 5 plex is being sold fully and tastefully furnished, offering excellent cash flow and value appreciation in a highly sought after and thriving coastal area. Call today! Easy to show. Unit #1=2/2, 1489sf, Unit #2=1/1, 330 sf, Unit #3=2/1, 777 sf, Unit #4=3/1, 867 sf, Unit #5= 1/1, 480sf. Interior photos coming soon.

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  • MLS#: RX-11026871 ( Quad Plex )
  • Street Address: 670 Hernando Street
  • Viewed: 29
  • Price: $2,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 0
  • Days On Market: 179

Description

Discover an incredible investment opportunity with this remodeled 5 plex, offering a total of 9 bedrooms and 6 bathrooms. Perfectly situated in an unbeatable location on South Hutchinson Island, this building is just a short walk from the pristine beaches. Fully licensed and operational, this income generating investment features 5 designated parking spaces, making it ideal for annual tenants or vacationers alike. Priced below appraised value, this well maintained 5 plex is being sold fully and tastefully furnished, offering excellent cash flow and value appreciation in a highly sought after and thriving coastal area. Call today! Easy to show. Unit #1=2/2, 1489sf, Unit #2=1/1, 330 sf, Unit #3=2/1, 777 sf, Unit #4=3/1, 867 sf, Unit #5= 1/1, 480sf. Interior photos coming soon.
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Features
Building and Construction
  • Absolute Longitude: 80.289947
  • Construction: CBS, Frame
  • Exterior Features: Covered Patio, Exterior W/D Hookup, Outdoor Shower, Screened Balcony
  • Flooring: Carpet, Ceramic Tile, Vinyl Floor
  • Roof: Comp Shingle
  • Sqft Source: Appraisal
  • Sqft Total: 5126.00
  • Total Building Sqft: 3943.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre, 1/4 to 1/2 Acre
  • Lot Dimensions: 53X131
  • Subdivision Information: None
Eco-Communities
  • Private Pool: No
  • Storm Protection Impact Glass: Partial
  • Storm Protection Panel Shutters: Partial
  • Waterfront Details: None
Utilities
  • Carport Spaces: 5.00
  • Cooling: Central, Wall-Win A/C
  • Heating: Central, Window/Wall
  • Number Of Stories: 2.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Public Sewer, Public Water
Finance and Tax Information
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 77255.00
  • Income Expenses Annual Total Expense: 36745.00
  • Income Expenses Gross Operating Inc: 114000.00
  • Source Of Expenses: Other
  • Tax Year: 2023
Rental Information
  • Tenant Pays: Electric, Water
Other Features
  • Avail Info: None
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: OCEAN VIEW S/D REVISED PLAT HOLLEY AND MORGAN'S S/D BLK 3 LOT 10
  • Multiple Ofrs Acptd: Yes
  • Parcel Id: 240150300220001
  • Possession: At Closing
  • Special Info: Sold As-Is
  • Views: 29
  • Zoning: HIMedi
Nearby Subdivisions
Coral Cove Beach Section 1   Fort Pierce Subdivision   Ft Pierce Beach Sub Rev 1   Ocean View Subdivision Replat    Three Minutes To The Ocean Bea   Tropical Beach  
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Details for 2507 Ocean Drive N, Hutchinson Island, FL 34949
$2,400,000.00

2507 Ocean Drive N More Like This

INVESTORS, welcome to your turnkey investment property with a remarkable Net Operating Income of over $92,000 annually. Situated in a prime location on North Hutchinson Island, this property is not ju

  1. Request Information
  1. MLSID: RX-11016392
  2. Provided by Compass Florida LLC
  3. Contact Holly Meyer Lucas
  4. (561) 406-5228
  5. Provided through
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