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Property profile & analytics
OFF-MARKET
Small apartment buildings

670 Hernando St Fort Pierce, FL 34949

Built 1949
Property ID
US18-9273142
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully remodeled, five-unit apartment building situated in Fort Pierce, Florida's desirable South Hutchinson Island. The property, built in 1949 and boasting a two-story design, offers a total of nine bedrooms and six bathrooms across its five units. Unit sizes vary, ranging from a spacious 1,489 square foot, two-bedroom, two-bathroom unit to a cozy 330 square foot, one-bedroom, one-bathroom unit. The other units include a 777 square foot, two-bedroom, one-bathroom unit; an 867 square foot, three-bedroom, one-bathroom unit; and another 480 square foot, one-bedroom, one-bathroom unit. Conveniently located within walking distance of pristine beaches, this fully licensed and operational property provides ample parking with five designated spaces. Currently furnished, this well-maintained building offers immediate income generation and significant potential for value appreciation in a thriving coastal market. The asking price is below appraised value, making this a compelling investment opportunity for discerning buyers. The property is located at 670 Hernando St, Fort Pierce, FL 34949, in St. Lucie County.

Property profile
Verified
Property type Small apartment buildings
Year built 1949
UPID US18-9273142
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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