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Multifamily Apartments Near Atlantic Coast

601 S Ocean Dr, Fort Pierce, FL 34949

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12-unit multifamily apartments grossing $225,000 annually near the Atlantic coast.

Type:Multifamily

HighLights

Grosses $225,000 annually.
12‑unit multifamily apartments.
Strategic location along the Atlantic coast.
Unit mix includes two 2‑bedroom/2‑bathroom units.
Unit mix includes three 1‑bedroom/1‑bathroom units.
Unit mix includes seven units.

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Listing Contact

Brian Schwan

For Sale

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12-unit multifamily apartments grossing $225,000 annually near the Atlantic coast.

Type:Multifamily

Added:: Apr 5, 2024
Days on Market:: 805
Last Refresh:: May 12 at 10:57 pm

Property Features for 601 S Ocean Dr

General Information

Standard status: Active
Property subtype: Multifamily

We can help!

Listing Contact

Brian Schwan

Listing agent Brian Schwan License #FL SL3479736

Listing office Jeremiah Baron & Co. Commercial Real Estate LLC

Listing date Apr 5, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Jeremiah Baron & Co. Commercial Real Estate LLC

HighLights

Grosses $225,000 annually.
12‑unit multifamily apartments.
Strategic location along the Atlantic coast.
Unit mix includes two 2‑bedroom/2‑bathroom units.
Unit mix includes three 1‑bedroom/1‑bathroom units.
Unit mix includes seven units.

Overview

This property features 12 multifamily apartments, currently generating a gross annual income of $225,000. The unit mix includes two 2-bedroom/2-bathroom units, three 1-bedroom/1-bathroom units, and seven additional units. The property's location along the Atlantic coast enhances its investment appeal, positioning it within a desirable destination. This location offers the potential for high rental demand and the opportunity to capitalize on the growing market for vacation rentals.

Property Profile Location Intelligence

Current Use by Public Records

Sea House Apartments Apartment Building

Suggested Use

Location Insight

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Local Demand

City: Fort Pierce
County: St. Lucie
State: Florida
Longitude: -80.2903486
Latitude: 27.4630241

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For sale
Apartment buildings
FL
Fort Pierce
34949
601 S Ocean Dr

What type of property is this?

Apartment building - 12-unit multifamily apartments grossing $225,000 annually near the Atlantic coast.

Where is this apartment building located?

The property is located at 601 S Ocean Dr Fort Pierce, FL.

What is the asking price?

The asking price for this property is $3,200,000.

What are key features of this property?

This property features: Grosses $225,000 annually.; 12‑unit multifamily apartments.; Strategic location along the Atlantic coast.

601 S Ocean Dr, Fort Pierce, FL 34949

12-unit multifamily apartments grossing $225,000 annually near the Atlantic coast.

Property Features for 601 S Ocean Dr

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Freestanding Office/Medical Building

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Fort Pierce Quadplex For Sale

Fort Pierce Quadruplex Investment Opportunity

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