$131,000
Fort Pierce, FL 34950
MLS# R10472583
Status: Closed
1672 sqft
1 / 20
Property Description
These are two identical, rented 1 BR 1 1/2 BA units in an HOA community. Addresses are 2014 S. 10th St. Unit D, and 2009 Oleander Blvd. Unit B. Both owned by FCLR TWO, LLC. Long term tenant is at $700 a month and newer tenant is at $800 a month. CBS units with concrete patios. These units were converted to HOA and totally remodeled in 2004 with all new finishes. All new A/C equipment in 2018. Both units have their own washer & dryer and are separately metered for electric and water & sewer. Tenants pay all utilities. Total potential rent $1,600 / mo, HOA $250 / mo, property taxes $100 / mo. Potential to clear $1,250 / mo or $15,000 total annually. Income $15,000, sales price $138,000, Potential Cap Rate or Overall Rate 10.9%
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2018-10-16
Status: Closed
Original List Price: 138000
Sold Price: $131,000
Current Price: $131,000
Location and Legal
County Or Parish: St. Lucie
County Parish Name: St Lucie
City Name: Fort Pierce
Postal Zip: 34950
Development Name: Southern Courtyard Townhomes
Geographic Area: SL07
Multiple Offers Accepted: No
Special Assessment YN: No
Street Number: 2014
Street Direction Prefix: S
Street Name: 10th
Street Suffix: Street
State Or Province: FL
Postal Code: 34950
Subdivision Name: Southern Courtyard Townhomes
Area: 7080
Parcel Number: 241571400560009
Zoning: Res
Directions: Virginia Ave to S. 10th Street, go north to entrance of Southern Courtyard Townhomes and turn in. Unit on left
General Property Information
Number Of Units Total: 2
Living Area Main: 1320
Lot Size Area: 3294
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 1672
Building Area Source: Public Records
Year Built: 1982
Lot Size Acres: 0.08
Financial Information
Application Required YN: Yes
Association Membership: Mandatory
Association YN: 1
Association Fee: 250
Tax Annual Amount: 1158
Tax Year: 2017
Tax Legal Description: Southern Courtyard Townhomes, units 2014-D and 2009-B
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2018-11-21T14:57:21Z
Major Change Type: Status Change
Status Change Date: 2018-11-21
Under Contract Date: 2018-11-09
Close Date: 2018-11-19
Close Price: 131000
Application Fee Details
Application Fee Required: Yes
Application Fee: 100
Application Information
Personal Interview Required: 1
Electric
Three Phase: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Sold As-Is: 1
Documents Available
Copy Of Lease(s): 1
Deposit - Security: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Tenant Pays
Cable TV: 1
Electricity: 1
Sewer: 1
Water: 1
Possession
Subject To Tenant Rights: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
View
Other: 1
Heating
Central Individual: 1
Water Access
None: 1
Window Features
Blinds: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Roof
Composition: 1
Wood Joist: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 4200
Gross Income: 19200
Net Operating Income: 15000
Source Of Expenses
Owner Provided: 1
Cooling
Central Individual: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Occupied: 1
Restrictions
Buyer Approval Required: 1
Other Restrictions: 1
Tax Information
City/County: 1
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Open: 1
Contingencies
Inspection: 1
Unit 1 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 700
Baths Full: 1
Baths Half: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 660
Unit 1 Interior Features
Walk-In Closet(s): 1
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Parking Space: 1
Unit 2 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 800
Baths Full: 1
Baths Half: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 660
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Parking Space: 1
Unit 3 Details
Actual Rent: 0
SqFt: 0
Unit 4 Details
Actual Rent: 0
SqFt: 0
Price Calculations
Current Price To SqFt: 99.24
Original List Price To Close Price: 1.05
Acreage Description
Less Than 1/4 Acre Lot: 1
Originating Details
Originating System Key: 20181015150942839608000000
Originating System ID: M00000170
Property Features
Application Information: Personal Interview Required
Documents Available: Copy Of Lease(s); Deposit - Security
Electric: Three Phase
Flooring: Carpet; Ceramic Tile
Property Condition: Resale
Tenant Pays: Cable TV; Electricity; Sewer; Water
Source Of Expenses: Owner Provided
Construction Materials: CBS
Cooling: Central Individual
Heating: Central Individual
Listing Terms: Cash; Conventional; FHA; VA Loan
Possession: Subject To Tenant Rights
Restrictions: Buyer Approval Required; Other Restrictions
Roof: Composition; Wood Joist
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: City/County
Utilities: Cable Available; Sewer Available; Water Available
View: Other
Water Access: None
Water Source: Public
Window Features: Blinds
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Occupied
Outdoor Living Spaces: Patio
Patio Details: Patio - Open
Unit 1 Appliances: Dryer; Range; Refrigerator; Washer
Unit 1 Interior Features: Walk-In Closet(s)
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Parking Space
Unit 2 Appliances: Dryer; Range; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Parking Space
Contingencies: Inspection
Acreage Description: Less Than 1/4 Acre Lot
Supplements
New in 2004: Corian-style counters, new cabinets, new tile and doors. Vaulted ceiling in dining and living areas, makes units look larger. Owner-agent, all sizes approximate. Live in one unit and rent the other, keep both units as rentals, occupy one and a relative can occupy the other! Hard to find multi-generational property. Publix, Wal Mart, Home Depot, Indian River State College nearby. Great for student housing
Listing Office: Southdale Properties Inc.
Last Updated: August - 06 - 2026
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