Active

$590,000

Features:
  • 6602 Bedrooms
  • 6602 Bathrooms
  • 5588 sq ft
Overview
  • ID: MFRO6376704
  • Bedrooms: 6602
  • Bathrooms: 6602
  • Size: 5588 sq ft
Property Details
Remarks
"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
Financial Considerations
Price:
$590,000
HOA Fee:
716
Tax Amount:
$13212
Price per SqFt:
$105.58
Tax 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)
Exterior Features
Lot Size:
0
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6602
Bathrooms:
6602
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
Yes
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
1976
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sidewalk
Additional Features 2:
NO VACATION OR SHORT-TERM RENTALS
Map
  • Address
    2050 OLEANDER BLVD ##5-202 #10-106 #10-203
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
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