1611 Orange Ave Fort Pierce, FL 34950-6816

Property Details for 1611 Orange Ave

Year built

1955

Construction

CONCRETE BLOCKS

Lot size

0.34 lot acres

Property size

1,305 SF

Zone code

GENERAL CO

Property type

Automotive properties

APN

2409-816-0021-000-9

APU

240981600210009

Description

This exceptional mixed-use property, located at 1605-1611 Orange Ave in Fort Pierce, Florida, presents a compelling investment opportunity. The property consists of two attached buildings totaling 4,909 square feet, situated on a 0.68-acre lot. One building is currently leased to a single tenant under a three-year lease (commencing December 4, 2023, and expiring December 4, 2026), with two renewal options. The lease is a modified type with no credit rating specified for the tenant. The other building, offering 3,604 square feet, is currently vacant and presents an opportunity for owner-occupancy or additional leasing. The vacant building also includes a fenced-in yard space with potential for lease. The property boasts a 16-foot ceiling height and has undergone significant renovations in 2024, exceeding $250,000 in improvements. The buildings were originally constructed in 1955 and are classified as Class C. The property is zoned GC and offers a blend of industrial, retail, and flex space, suitable for a variety of uses. The asking price is $1,050,000, translating to $213.89 per square foot. The property is ideally suited for an investor seeking a blend of immediate income and future development potential. The occupancy date for the vacant building is September 1, 2024.

Location Insight

City

Fort Pierce

County

St. Lucie

State

Florida

Longitude

-80.3412

Latitude

27.4469

CBSA code

38940

CBSA name

PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments