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Property profile & analytics
OFF-MARKET
Commercial real estate

1610 25Th St Fort Pierce, FL 34947

10,136 SF Built 1969
Entity Owned 8-yr Hold
Property ID
US18-5181521
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-maintained 14-unit multifamily property located at 1610 N 25th St, Fort Pierce, Florida, 34947. The property, built in 1969, comprises a single two-story building totaling 10,136 square feet. Each of the 14 units offers 720 square feet of living space, featuring two bedrooms and one bathroom. Tenant convenience is maximized with individual electrical meters and central air conditioning in every unit. Ample on-site parking is provided. Further enhancing income potential, the property includes two designated areas for shared laundry facilities. Recent capital improvements significantly enhance the property's value and longevity. These include a new roof installed in 2022 and comprehensive underground electrical upgrades completed in 2023. Situated on a major street within a high-demand rental market, this property offers strong cash flow and significant upside potential. The asking price is $2,200,000, with 40% owner financing available, making this a compelling investment opportunity in the thriving Fort Pierce market. This property is ideally suited for investors seeking a stable, income-generating asset with significant potential for future appreciation.

Property profile
Verified
Property type Commercial real estate
Year built 1969
Total area 10,136 SF
UPID US18-5181521
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Meraki Cleaning Solutions (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Fb Royal Garden LLC · 8 yrs held
Fb Royal Garden LLC
since 2018
1 recorded transaction
2018
$600,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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