$590,000
Active · 12 days on market · MLS# MFRO6376704
| Bedrooms | 6602 |
|---|---|
| Living area | 5,588 sq ft |
| Year built | 1976 |
| Property type | Multi-Family 5+ |
| Private pool | Yes |
| Waterfront | Yes |
| HOA fee | $4,380 |
| Annual taxes | $13,212 |
| County | St Lucie |
"STRATEGIC INVESTMENT OPPORTUNITY. Exceptional portfolio of 7 units for sale at the sought-after Island House Condominiums. This package offers a rare opportunity for investors to acquire a significant footprint within a stable, high-demand rental community in Fort Pierce. Units are well-maintained and feature functional layouts, perfect for long-term tenants. Centrally located minutes from River State College, shopping centers, and major transport links. The association covers water, exterior maintenance, and interior plumbing, simplifying management. A key advantage for the future owner: each unit carries its own unique Tax ID and legal description. This provides maximum flexibility to finance or sell units individually, allowing for a quick cash-out strategy or staggered divestment. Ideal for portfolio growth or 1031 Exchange. DO NOT DISTURB TENANTS. Financials available upon request."This property is part of a 7-property portfolio. Can be sold together or individually. See MLS#s #O6376625 #O6376666 #O63776675 #O6376684 #O6376690 #O6376693 #O6376698
Listing courtesy of Rosana Penzo Pacini, LA ROSA RTY WINTER GARDEN LLC. Presented by MC Homes Realty Inc · 727432218.