2703 Avenue G Fort Pierce, FL 34947
Estimated payment $3,253/month
Highlights
- Central Heating and Cooling System
- Concrete Flooring
- 1-Story Property
About This Home
BRAND NEW Duplex Investment Opportunity! This exceptional property boasts a monthly gross revenue of $4,974 making it an ideal addition to any real estate portfolio. It has an impressive annual gross income of nearly $60,000. With a cap rate of approximately 10.74%, this investment offers a compelling rate of return that surpasses many market alternatives. Each unit is extremely efficient and situated in a high-demand location, ensuring consistent tenant interest and dependable cash flow. Don't miss your chance to secure this lucrative investment property!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $633
Year Built
- Built in 2024
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Metal Roof
Interior Spaces
- 1,780 Sq Ft Home
- 1-Story Property
- Concrete Flooring
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- The owner pays for common area maintenance, insurance
- Tax Lot 2
- Assessor Parcel Number 240581700130001
Community Details
Overview
- Meant2b Realty Association
- Fort Pierce Subdivision
Building Details
- 2 Separate Electric Meters
- Insurance Expense $1,800
- Operating Expense $5,800
- Gross Income $60,000
- Net Operating Income $54,200
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 |
|---|---|---|---|---|
| 2024 | $615 | $25,700 | $25,700 | -- |
| 2023 | $615 | $28,000 | $28,000 | $0 |
| 2022 | $528 | $19,200 | $19,200 | $0 |
| 2021 | $224 | $10,700 | $10,700 | $0 |
| 2020 | $183 | $5,800 | $5,800 | $0 |
| 2019 | $192 | $8,000 | $8,000 | $0 |
| 2018 | $149 | $5,100 | $5,100 | $0 |
| 2017 | $143 | $5,100 | $5,100 | $0 |
| 2016 | $127 | $3,400 | $3,400 | $0 |
| 2015 | $119 | $2,900 | $2,900 | $0 |
| 2014 | $117 | $2,900 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | Price Changed | $574,499 | 0.0% | $323 / Sq Ft |
| 04/01/2025 04/01/25 | Price Changed | $574,500 | -0.1% | $323 / Sq Ft |
| 03/20/2025 03/20/25 | Price Changed | $574,990 | 0.0% | $323 / Sq Ft |
| 03/10/2025 03/10/25 | Price Changed | $574,997 | 0.0% | $323 / Sq Ft |
| 03/06/2025 03/06/25 | Price Changed | $574,998 | 0.0% | $323 / Sq Ft |
| 03/04/2025 03/04/25 | Price Changed | $574,999 | 0.0% | $323 / Sq Ft |
| 02/18/2025 02/18/25 | Price Changed | $575,000 | +4.5% | $323 / Sq Ft |
| 01/14/2025 01/14/25 | For Sale | $550,000 | -- | $309 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | $10,000 | First International Ttl Inc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $30,000 | St Lucie Title Services Inc | |
| Warranty Deed | $20,000 | St Lucie Title Services Inc |
Source: REALTORS® Association of Indian River County
MLS Number: 284451
APN: 24-05-817-0013-0001
