Active

$728,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 2102 sq ft
Overview
  • ID: MFRTB8312347
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 2102 sq ft
Property Details
Remarks
The property is ideally located on the south side of the Fort Pierce Inlet and Jetty, while the north side features a state park. This versatile property can be configured as a duplex or triplex and is fully rented with fantastic tenants. A mere three-minute walk takes you to the public beach, and you're just five minutes from the jetty inlet and local restaurants. Looking ahead, there's the potential for a Brightline high-speed train station nearby by 2028, which would mean just a 90-minute ride to Miami or Orlando, avoiding traffic. There is local airport in Ft. Pierce, as well international airports in Vero Beach and West Palm next door. This property is perfect candidate for a 1031 exchange, a conversion to a triplex or single family home, or as a short-term rental for platforms like Airbnb or VRBO. Check out the walkthrough to the beach (3 minutes walk. A slower, raw walkthrough video is also available upon request. Discover the best-kept secret of the Treasure Coast of Florida: South Hutchinson Island in Fort Pierce, near the inlet. The property is ideally located on the south side, while the north side features a state park, inlet, and jetty. This versatile property can be configured as a duplex or triplex and is fully rented with fantastic tenants. A mere three-minute walk takes you to the public beach, and you're just five minutes from the jetty inlet and local restaurants. Ever wanted to enjoy a Rum Runner drive-through? This laid-back, down-to-earth spot has a vibe that feels "Buffett-esque," if you know what I mean. Looking ahead, there's the potential for a Brightline high-speed train station nearby by 2028, which would mean just a 90-minute ride to Miami or Orlando, avoiding traffic. There is local airport in Ft. Pierce, as well international airports in Vero Beach and West Palm next door. This property is perfect candidate for a 1031 exchange, a conversion to a triplex, or as a short-term rental for platforms like Airbnb, VRBO, or Expedia. Alternatively, one could live in one unit and rent out the other(s) to cover your mortgage.
Financial Considerations
Price:
$728,000
HOA Fee:
N/A
Tax Amount:
$13867.56
Price per SqFt:
$346.34
Tax Legal Description:
THREE MINUTES TO THE OCEAN BY WALKING
Exterior Features
Lot Size:
7500
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1957
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    331 HERNANDO ST UNITS 1-3 #1-3
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