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$475,000
947 Fra-Mar Place
Fort Pierce, FL 34982
MLS# R10791915
Status: Closed
3742 sqft


Fra Mar Photo 1
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Fra Mar Photo 1 Fra Mar Photo 2

Property Description
Being sold ''AS IS''. Great opportunity to own investment property on oversized lot. Centrally located in Ft. Pierce. All apartments are rented, tenants have been in place for quite awhile so the rent does not reflect the current market rental prices.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2022-04-14
Status: Closed
Original List Price: 449000
Sold Price: $475,000
Current Price: $475,000
Location and Legal
County Or Parish: St. Lucie
County Parish Name: St Lucie
City Name: Fort Pierce
Postal Zip: 34982
Geographic Area: SL05
Special Assessment YN: Yes
Street Number: 947
Street Name: Fra-Mar
Street Suffix: Place
State Or Province: FL
Postal Code: 34982
Subdivision Name: Wagner
Area: 7140
Parcel Number: 242770200080008
Zoning: RM-11-Co
Directions: from Edwards go south on Oleander, Fra Mar Place up on left side of Oleander, quad is on right side of Fra Mar Place
General Property Information
Number Of Units Total: 4
Living Area Main: 3070
Gated Community YN: No
Senior Community YN: No
Stories: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 3742
Building Area Source: Public Records
Year Built: 1976
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2022-06-01T18:15:10Z
Major Change Type: Status Change
Status Change Date: 2022-06-01
Under Contract Date: 2022-04-23
Close Date: 2022-05-31
Close Price: 475000
Association Amenities
None: 1
Electric
Three Phase: 1
Flooring
Carpet: 1
Linoleum: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Sold As-Is: 1
Documents Available
Deposit - Security: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
Cable TV: 1
Electricity: 1
Possession
Close Of Escrow: 1
Sewer
Septic Tank: 1
Utilities
Water Available: 1
Heating
Central: 1
Water Access
None: 1
Construction Materials
CBS: 1
Stucco: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Metal: 1
Water Source
Well: 1
Income and Expenses
Annual Total Expense: 16606
Gross Income: 30600
Net Operating Income: 13994
Source Of Expenses
Owner Provided: 1
Tax Return: 1
Cooling
Central Air: 1
Showing Requirements
Appointment Only: 1
Occupied: 1
Pets Allowed YN
No: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Contingencies
None: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 550
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 768
Unit 1 Other Equipment
Air Conditioning Unit: 1
Washer/Dryer Hookups: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 650
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 768
Unit 2 Other Equipment
Air Conditioning Unit: 1
Washer/Dryer Hookups: 1
Unit 2 Parking Features
Open Parking: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 600
Baths Full: 1
Beds Total: 2
SqFt: 768
Unit 3 Other Equipment
Air Conditioning Unit: 1
Washer/Dryer Hookups: 1
Unit 3 Parking Features
Open Parking: 1
Unit 3 Rooms
Kitchen: 1
Unit 4 Appliances
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 750
Baths Full: 1
Beds Total: 2
SqFt: 768
Unit 4 Other Equipment
Air Conditioning Unit: 1
Washer/Dryer Hookups: 1
Unit 4 Parking Features
Open Parking: 1
Unit 4 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 154.72
Original List Price To Close Price: 0.94
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 3661.81
Tax Year: 2021
Tax Legal Description: WAGNER S/D BLK 1 LOTS 8 AND 9 (OR 339-1459:1177-551)
Originating Details
Originating System Key: 20220315030148460851000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Deposit - Security
Electric: Three Phase
Fencing: Fenced
Flooring: Carpet; Linoleum
Property Condition: Resale
Tenant Pays: Cable TV; Electricity
Source Of Expenses: Owner Provided; Tax Return
Construction Materials: CBS; Stucco
Cooling: Central Air
Heating: Central
Listing Terms: Cash; Conventional
Pets Allowed YN: No
Possession: Close Of Escrow
Roof: Metal
Sewer: Septic Tank
Special Information: Sold As-Is
Storm Protection Details: None
Tax Information: City/County
Utilities: Water Available
Water Access: None
Water Source: Well
Showing Requirements: Appointment Only; Occupied
Unit 1 Appliances: Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups
Unit 2 Parking Features: Open Parking
Unit 2 Rooms: Kitchen
Unit 3 Appliances: Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups
Unit 3 Parking Features: Open Parking
Unit 3 Rooms: Kitchen
Unit 4 Appliances: Range; Refrigerator
Unit 4 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups
Unit 4 Parking Features: Open Parking
Unit 4 Rooms: Kitchen
Contingencies: None
Acreage Description: Less Than 1/4 Acre Lot

IDX
Listing Office: Compass Real Estate Group, Inc

Last Updated: August - 06 - 2026

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