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    1115 Hernando St Fort Pierce, FL 34949

    For Sale
    $1,195,000

    Turnkey Florida Duplex, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This charming 1-story duplex in Fort Pierce, Florida, presents a unique investment opportunity. Built in 1974, this well-maintained property boasts two units: a 3-bedroom, 2-bathroom unit and a 2-bedroom, 2-bathroom unit. Currently operating as a successful AirBnB with 5-star ratings, the property is fully furnished and accessorized, making it turnkey ready for immediate income generation. The property is ideally suited for both short-term and long-term rentals, offering flexibility for investors. Located at 1115 Hernando St, Fort Pierce, FL 34949, this property enjoys a superb location just steps from sandy beaches. The intimate floor plan is designed for casual living, and the property's proximity to Jetty Park and the vibrant downtown Fort Pierce area, with its array of restaurants and shops, adds to its appeal. The asking price is $1,195,000. This property offers an exciting potential for both rental income and personal use as a vacation home or permanent residence. The property's strong performance as an AirBnB demonstrates its potential for continued success in the lucrative vacation rental market. This is a rare opportunity to acquire a turnkey, income-generating property in a highly desirable beachfront location.

    Property Features for 1115 Hernando St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1974
    Stories
    1

    HighLights

    • Turnkey duplex in Fort Pierce, FL, asking $1,195,000.
    • Two units: a 3/2 and a 2/2.
    • Currently a successful, 5‑star rated AirBnB.
    • Beachfront location near Jetty Park and downtown Fort Pierce.
    • Excellent potential for short‑term and long‑term rentals.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Gym & Fitness Accounting Firm Skin Care Clinic Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Pierce
    County
    St Lucie
    State
    Florida
    Longitude
    -80.2886609
    Latitude
    27.4570092

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    FAQs

    What type of property is this?
    Multifamily property - Turnkey Florida Duplex, Prime Location
    Where is this multifamily property located?
    The property is located at 1115 Hernando St Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: Turnkey duplex in Fort Pierce, FL, asking $1,195,000.; Two units: a 3/2 and a 2/2.; Currently a successful, 5-star rated AirBnB.
    Request Owner's contact information
    1115 Hernando St Fort Pierce, FL 34949
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    Fort Pierce, FL 34949
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1115 Hernando St Fort Pierce, FL 34949
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