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$785,000
1125 S Ocean Drive
Fort Pierce, FL 34949
MLS# A11330686
Status: Closed
2527 sqft


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Property Description
***ATTENTION INVESTORS*** Duplex with 2 Accessory dwelling units (ADUs) just a short walk to the beautiful beach and local Ft Pierce restaurants on the highly desirable South Ocean Drive. Building is a total sq ft 2102. Extremely well-kept duplex, turnkey. Extremely sturdy, low maintenance CBS construction on both exterior and interior walls. Updated electrical done in 2007. Roof is under 10 years and was recently resealed with commercial grade sealer designed for flat roof structures. Building has updated PVC plumbing. City sewer and water. There is a well irrigation not being used. Duplex has a common laundry room. There is also a storage shed on the property. Property has four car parking spaces, with additional public curb parking across the street. Rents are below market.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2023-01-20
Status: Closed
Original List Price: 825000
Sold Price: $785,000
Current Price: $785,000
Location and Legal
County Or Parish: St. Lucie
County Parish Name: St. Lucie
City Name: Fort Pierce
Postal Zip: 34949
Geographic Area: SL09
Flood Zone: X
Country: United States
Street Number: 1125
Street Direction Prefix: S
Street Name: Ocean
Street Suffix: Drive
State Or Province: FL
Postal Code: 34949
Postal Code +4: 3514
Subdivision Name: TROPICAL BEACH
Area: 6090 - Palm City
Elementary School: Weatherbee
Middle Or Junior School: Dan Mccarty
High School: Fort Pierce Westwood Academy
Parcel Number: 240181000260002
Zoning: HI Mediu
General Property Information
Number Of Units Total: 4
Living Area Main: 1646
Lot Size Dimensions: 8,190
Parking Total: 4
Stories Total: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 2527
Year Built: 1953
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2023-05-02T03:41:54Z
Major Change Type: Status Change
Status Change Date: 2023-05-05
Under Contract Date: 2023-02-23
Close Date: 2023-05-01
Close Price: 785000
Flooring
Carpet: 1
Concrete: 1
Tile: 1
Documents Available
Copy Of Lease(s): 1
Rent Rolls: 1
Structure Type
Duplex: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Separate Meters: 1
None: 1
Sprinkler Description
Well Sprinkler: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
FHA-VA Approved: 1
Roof
Flat: 1
Income and Expenses
Gross Income: 5900
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Wall/Window Unit(s): 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Tax Information
City/County: 1
Contingencies
Inspection: 1
Buyer Details
Intended Use: Investment
Buyer State: Florida
Zip Code: 34949
Concessions
Seller Concessions: No
Unit 1 Details
Actual Rent: 1000
Baths Full: 1
Beds Total: 1
Efficiency YN: Yes
Furnished: Furnished
SqFt: 264
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Parking Space: 1
Unit 2 Details
Actual Rent: 2200
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Furnished
SqFt: 787
Unit 2 Lease Description
Occupant Type: Owner
Unit 2 Parking Features
Parking Space: 1
Unit 3 Details
Actual Rent: 1300
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Furnished
SqFt: 529
Unit 3 Lease Description
Currently Leased YN: Yes
Unit 3 Parking Features
Parking Space: 1
Unit 4 Details
Actual Rent: 1400
Baths Full: 1
Beds Total: 1
Efficiency YN: Yes
Furnished: Furnished
SqFt: 456
Unit 4 Lease Description
Currently Leased YN: Yes
Unit 4 Parking Features
Parking Space: 1
Price Calculations
Current Price To SqFt: 476.91
Section Details
Parcel Number MLX: 2401
Financial Information
Tax Annual Amount: 7391
Tax Year: 2022
Tax Legal Description: TROPICAL BEACH BLK 2 LOT 18 (OR 4075-658)
Originating Details
Originating System Key: 378045961
Originating System ID: M00000151
Property Features
Documents Available: Copy Of Lease(s); Rent Rolls
Flooring: Carpet; Concrete; Tile
Structure Type: Duplex
Construction Materials: CBS
Cooling: Ceiling Fan(s); Central Air; Electric; Wall/Window Unit(s)
Heating: Separate Meters; None
Listing Terms: Cash; Conventional; FHA-VA Approved
Possession: Close Of Escrow
Roof: Flat
Sewer: Public Sewer
Sprinkler Description: Well Sprinkler
Tax Information: City/County
Utilities: Cable Available
Showing Requirements: Appointment Only; Call Listing Agent
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Parking Space
Unit 2 Parking Features: Parking Space
Unit 3 Parking Features: Parking Space
Unit 4 Parking Features: Parking Space
Contingencies: Inspection
Supplements
***ATTENTION INVESTORS*** Duplex with 2 Accessory dwelling units (ADUs) just a short walk to the beautiful beach and local Ft Pierce restaurants on the highly desirable South Ocean Drive. Building is a total sq ft 2102. Extremely well-kept duplex, turnkey. Extremely sturdy, low maintenance CBS construction on both exterior and interior walls. Updated electrical done in 2007. Roof is under 10 years and was recently resealed with commercial grade sealer designed for flat roof structures. Building has updated PVC plumbing. City sewer and water. There is a well irrigation not being used. Duplex has a common laundry room. There is also a storage shed on the property. Property has four car parking spaces, with additional public curb parking across the street. Rents are below market. Unlimited potential. Can easily stay as is or transform into luxury vacation rentals! Opportunities are endless. One unit is owner occupied, three are currently occupied by tenants on 1 year and 6 months leases. Leases are voidable with 30-day notice as per agreements.All interested Investors / buyers: Please do not disturb tenants. Showing are by appointment ONLY. Buyer must show proof of funds before property can showed. Please call for any additional details. Information is deemed to be reliable but is not guaranteed.

IDX
Listing Office: Realty One Group Engage

Last Updated: August - 11 - 2026

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