$790,000
$10K PRICE DROP

Estimated payment $5,181/month

Total Views 1,777
-- Bed
-- Bath
3,588 Sq Ft
$220 Price per Sq Ft

Highlights

  • 37,897 Sq Ft lot
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

Exceptional investment in Fort Pierce/Lakewood Park! This quadplex of four units (built in 1991) is impeccably maintained with upgrades, including metal roofs and all-concrete construction. Situated on a 37,897-sq-ft lot in St. Lucie County, it offers an easy commute to major highways and quick access to shopping and dining. Each unit is newly renovated with private driveways, separate entrances, open floor plans with tile, and dedicated storage. Unit 5100 features 1 bed, 1 bath; Unit 5102 offers 3 beds, 2 baths, a custom kitchen, master suite, and a screened porch; while Units 5104 and 5106 are 2-bed, 1-bath layouts. Fully occupied, the property generates an annual income of $85,000.00.

Listing Agent

Jenny Rae Starts

Paradise Realty Fla License #3440518

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,253

Year Built

  • Built in 1991

Lot Details

  • 0.87 Acre Lot

Home Design

  • Metal Roof

Interior Spaces

  • 3,588 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring

Schools

  • Lakewood Park Elementary School
  • Dan Mccarty Middle School
  • Fort Pierce Westwood Academy High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 130161500840007
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units
  • Lakewood Park Unit 12A Subdivision

Building Details

  • Operating Expense $23,687
  • Net Operating Income $21,035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,253

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Take Exit 138 for Indrio Road (County Road 614) Head east on Indrio Road right onto Fort Pierce Boulevard left onto Sanibel Avenue 5100 - 5106 will be on your right
  • Year Built: 1991
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 3588.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Schools

  • Elementary School: Lakewood Park
  • High School: Fort Pierce Westwood Academy
  • Middle Or Junior School: Dan Mccarty

Lot Info

  • Parcel #: 130161500840007
  • Lot Size: 1/2 to < 1 Acre
  • Lot Size Sq Ft: 37897.0
  • Zoning Description: RM-5-C
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 21035.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 23687.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9253.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Price Changed $790,000 -1.3% $220 / Sq Ft
02/27/2025 02/27/25 For Sale $800,000 +16.8% $223 / Sq Ft
03/03/2023 03/03/23 Sold $685,000 +101381.5% $191 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $675 -- $0 / Sq Ft
Source: BeachesMLS

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Source: BeachesMLS

MLS Number: R11066559

BeachesMLS

APN: 1301-615-0084-000-7