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    203 Southland Drive

    Fort Pierce, FL 34982
    • $505,000
    • STATUS: Closed
    • ON SITE: 105 days
    • MLS #: 242951
    Sold - 07/27/2021
    $505,000
    SOLD - 07/27/2021
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1976
    County:

    School Ratings & Info

    Description

    INVESTOR ALERT 8.5% CAP RATE for both buildings, potential for 10%. Rare opportunity for 2 quadplex buildings with a total of 8 units (MLS 242955) CBS block base w/ frame 2nd story, metal roof, separate electric meters. Four 2 br, 1.5 bath units with own central AC, range, refrigerator and hurricane shutters for all windows. Great income potential. Call LA for details

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    © 2021 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Provancher | Dale Sorensen Real Estate. Data last updated: 2021-08-05T20:37:21.97.
    www.buyandsellvero.com/homes/116330490
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    203 Southland Drive Fort Pierce, FL 34982

    • Price: $549,000
    • Status: Closed
    • Updated: 43 min ago
    • MLS #: 242951
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    1976
    Built
    Neighborhood:
    Other
    County:
    St Lucie
    Area:
    Slc West Of IR
    Property Description
    INVESTOR ALERT 8.5% CAP RATE for both buildings, potential for 10%. Rare opportunity for 2 quadplex buildings with a total of 8 units (MLS 242955) CBS block base w/ frame 2nd story, metal roof, separate electric meters. Four 2 br, 1.5 bath units with own central AC, range, refrigerator and hurricane shutters for all windows. Great income potential. Call LA for details
    Exterior Features

    Construction Materials BlockFrameConcreteStucco Exterior Features Patio Levels Two Lot Features 1/4 To 1/2 Acre Lot Parking Features Off Street Parking Total 8 Patio And Porch Features Patio Roof Metal Waterfront Features None Waterfront YN No

    Interior Features

    Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring CarpetTile Furnished Unfurnished Heating CentralIndividual Heating YN Yes Laundry Features None

    Property Features

    Buyer Financing Conventional Community Features None Gross Income 52800 Insurance Expense 2000 Listing Terms CashNew Loan Lot Size Dimensions 105X160 Maintenance Expense 0 Net Operating Income 45800 Pool Features None Possible Use Residential Property Sub Type Quadruplex Sewer Septic Tank Tax Annual Amount 4189 Tax Lot 8 Tax Year 2020 Tenant Pays Cable TvElectricity Water Source Well Zoning Zoning Description Residential

    Listing courtesy of Weichert, Realtors Hallmark-Vb.


    © 2021 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Provancher | Dale Sorensen Real Estate. Data last updated: 2021-08-05T20:37:21.97.
     
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    Team Provancher | Dale Sorensen Real Estate
    3206 Cardinal Drive
    Vero Beach FL, 32963