1808 Avenue E Fort Pierce, FL 34950
Estimated payment $2,033/month
Highlights
- No HOA
- Terrazzo Flooring
- Wall Furnace
- Cooling System Mounted To A Wall/Window
About This Home
REDUCED PRICE - MOTIVATED SELLER! 🔻 Don't miss this exceptional investment opportunity! This solid CBS duplex sits on an oversized corner lot and offers immediate income with excellent upside potential. Both units are currently leased to long-term tenants generating $2,300 per month in total rental income -- well below current market rates -- providing a fantastic opportunity to increase returns over time. ✨ Property Highlights: New roof installed in 2025 One unit includes a carport and dedicated washroom area Oversized corner lot with added privacy and space Strong rental history with stable, long-term tenants Solid CBS construction This property is a smart addition to any investment portfolio, offering steady cash flow today and value-growth pote
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,716
Year Built
- Built in 1968
Lot Details
- 13,504 Sq Ft Lot
Home Design
- Duplex
- Composition Roof
Interior Spaces
- 2 Bathrooms
- 1,540 Sq Ft Home
- 1-Story Property
- Terrazzo Flooring
Schools
- Weatherbee Elementary School
- Dan Mccarty Middle School
- Fort Pierce Westwood Academy High School
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Three-Phase Power
Listing and Financial Details
- Assessor Parcel Number 240471300130009
Community Details
Overview
- No Home Owners Association
- 2 Units
- Shafer's Subdivision
Building Details
- Gross Income $17,800
- Net Operating Income $22,800
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,716 | $146,262 | $44,688 | $101,574 |
| 2024 | $3,264 | $199,300 | $58,100 | $141,200 |
| 2023 | $3,264 | $156,300 | $46,700 | $109,600 |
| 2022 | $2,935 | $132,900 | $35,200 | $97,700 |
| 2021 | $2,616 | $99,900 | $27,500 | $72,400 |
| 2020 | $1,580 | $75,300 | $10,000 | $65,300 |
| 2019 | $1,465 | $68,900 | $5,300 | $63,600 |
| 2018 | $1,245 | $58,300 | $6,200 | $52,100 |
| 2017 | $1,095 | $44,000 | $6,200 | $37,800 |
| 2016 | $975 | $35,400 | $4,800 | $30,600 |
| 2015 | $753 | $26,300 | $4,800 | $21,500 |
| 2014 | $745 | $26,700 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2026 03/05/26 | Price Changed | $325,000 | -1.8% | $211 / Sq Ft | |
| 02/23/2026 02/23/26 | Price Changed | $331,000 | -1.8% | $215 / Sq Ft | |
| 02/04/2026 02/04/26 | Price Changed | $337,000 | -1.7% | $219 / Sq Ft | |
| 01/17/2026 01/17/26 | Price Changed | $343,000 | -2.0% | $223 / Sq Ft | |
| 10/29/2025 10/29/25 | For Sale | $350,000 | +204.3% | $227 / Sq Ft | |
| 12/07/2020 12/07/20 | Sold | $115,000 | -4.2% | $73 / Sq Ft | View Prior Sale |
| 11/07/2020 11/07/20 | Pending | -- | -- | -- | |
| 06/23/2020 06/23/20 | For Sale | $120,000 | -- | $76 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: R11136296
APN: 2404-713-0013-000-9
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Ask me questions while you tour the home.