$172,000
Fort Pierce, FL 34950
MLS# R10707395
Status: Closed
1566 sqft
1 / 8
Property Description
Great opportunity for a long term investment in the historic section of Fort Pierce. This 1/1 and 2/1 duplex has been very well maintained and nicely upgraded. Roof was replaced in 2016. Conveniently located to historic downtown and only a short drive to the beaches. Rents are currently below market but have the potential for a 10% cap rate. These are rare, so come and get it while it's available!
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2021-04-12
Status: Closed
Original List Price: 174900
Sold Price: $172,000
Current Price: $172,000
Location and Legal
County Or Parish: St. Lucie
County Parish Name: St Lucie
City Name: Fort Pierce
Postal Zip: 34950
Geographic Area: SL07
Multiple Offers Accepted: Yes
Special Assessment YN: No
Street Number: 602
Street Direction Prefix: S
Street Name: 11th
Street Suffix: Street
State Or Province: FL
Postal Code: 34950
Subdivision Name: STOUDER'S
Area: 7080
Parcel Number: 240982200140006
Zoning: SF Moderat
Directions: From Delaware Ave South on 11th, property on the left
General Property Information
Number Of Units Total: 2
Living Area Main: 1284
Gated Community YN: No
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 1566
Building Area Source: Public Records
Year Built: 1954
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: FHA
Major Change Timestamp: 2021-07-08T19:30:01Z
Major Change Type: Status Change
Status Change Date: 2021-07-08
Under Contract Date: 2021-04-25
Close Date: 2021-06-30
Close Price: 172000
Application Fee Details
Application Fee: 0
Association Amenities
None: 1
Electric
Three Phase: 1
Flooring
Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Tenant Pays
Electricity: 1
Water: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
Heating
None: 1
Water Access
None: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 2800
Gross Income: 14400
Net Operating Income: 11600
Source Of Expenses
Owner Provided: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
Call Listing Agent: 1
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Covered: 1
Contingencies
Appraisal: 1
Financing: 1
Inspection: 1
Unit 1 Appliances
Refrigerator: 1
Unit 1 Details
Actual Rent: 500
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 520
Unit 1 Parking Features
Open Parking: 1
Unit 1 Patio/Porch
Patio/Porch: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Details
Actual Rent: 700
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 764
Unit 2 Parking Features
Open Parking: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Details
Actual Rent: 0
SqFt: 0
Unit 4 Details
Actual Rent: 0
SqFt: 0
Price Calculations
Current Price To SqFt: 133.95
Original List Price To Close Price: 1.01
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 1288.58
Tax Year: 2020
Tax Legal Description: AMENDED PLAT OF STOUDER'S S/D LOT 13 (OR 1454-150)
Originating Details
Originating System Key: 20210412200125466406000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Copy Of Lease(s)
Electric: Three Phase
Flooring: Tile
Property Condition: Resale
Tenant Pays: Electricity; Water
Source Of Expenses: Owner Provided
Construction Materials: CBS
Cooling: Wall/Window Unit(s)
Heating: None
Listing Terms: Cash; Conventional
Possession: Close Of Escrow; Negotiable
Restrictions: No Restrictions
Roof: Composition
Sewer: Public Sewer
Storm Protection Details: None
Tax Information: City/County
Utilities: Cable Available; Sewer Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: Call Listing Agent
Outdoor Living Spaces: Patio
Patio Details: Patio - Covered
Unit 1 Appliances: Refrigerator
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen
Unit 2 Parking Features: Open Parking
Unit 2 Rooms: Kitchen
Contingencies: Appraisal; Financing; Inspection
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Keller Williams Realty of PSL
Last Updated: September - 04 - 2026
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