$2,200,000

Estimated payment $13,530/month

Total Views 54,263
9 Beds
-- Bath
3,943 Sq Ft
$558 Price per Sq Ft

Highlights

  • Beach
  • Screened Porch
  • Interior Lot
  • No HOA
  • Balcony
  • Cooling System Mounted To A Wall/Window

About This Home

Discover an incredible investment opportunity with this remodeled 5-plex, offering a total of 9 bedrooms and 6 bathrooms. Perfectly situated in an unbeatable location on South Hutchinson Island, this building is a short walk from the pristine beaches. Fully licensed and operational, this income generating investment features 5 parking spaces, making it ideal for annual tenants or vacationers alike. Priced below appraised value, this well maintained 5 plex is being sold fully and tastefully furnished, offering excellent cash flow and value appreciation in a highly sought-after and thriving coastal area. Call today! Easy to show. Unit #1= 2/2, Furnished 1489sf, monthly income $2500; Unit #2=1/1, furnished, 330sf, monthly income $1100; Unit #3= 2/1,777sf, monthly income $2000; Unit #4=3/1, 867sf, monthly income $2400; Unit # 5= 1/1, 480sf. Interior photos coming soon.

Listing Agent

Raeann Laratro

Realty One Group Engage Brokerage Phone: 516-318-0041 License #3383635

Realty One Group Engage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,008

Year Built

  • Built in 1949

Lot Details

  • 6,935 Sq Ft Lot
  • Lot Dimensions are 53 x 131
  • Interior Lot

Parking

  • Assigned Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,943 Sq Ft Home
  • Screened Porch
  • Closed Circuit Camera
  • Property Views

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Laundry Located Outside
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association
  • 3,943 Sq Ft Building

Amenities

  • Laundry Facilities

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,008

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Directions: Florida's Turnpike to Exit 152 (Ft Pierce) to Okeechobee Rd to US 1 North, right onto bridge A1A Seaway Drive, right onto S Ocean Drive, right onto Gulfstream Ave, right onto Hernando St. Property is on your right.
  • Lot Size Acres: 0.1592
  • Lot Size: 53 x 131
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Prop. Type: Residential Income
  • Subdivision Name: Ocean View Sub Rep Holley & Morgan
  • Year Built: 1949
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 516-318-0041
  • Special Features: None

Interior Features

  • Possible Bedrooms: 9
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 3943.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Block, Frame, Concrete
  • Exterior Features: Balcony, Outdoor Shower, Patio
  • Lot Features: Interior Lot
  • Patio And Porch Features: Balcony, Covered, Patio, Screened
  • Pool Private: No
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • View: Other
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Dryer Hookup, Outside
  • Security: Closed Circuit Camera(s)
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Connected, Separate Meters, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Beach, Laundry Facilities, Non-Gated
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 15008.0
  • Tax Year: 2023

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
10/06/2024 10/06/24 For Sale $2,200,000 -- $558 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

About the Listing Agent

Raeann Laratro

Realty One Group Engage

(516) 318-0041

Section Image

Are you considering selling your home but feeling overwhelmed with questions and concerns? Choosing the right Real Estate Professional is crucial, and that's where I come in. My primary goal is to make the entire process painless and free of surprises. With a track record of unparalleled credibility, I ensure that when the sale of your home is closed, you'll reflect upon the experience as exceptional, professional, and guided by expertise.

To kickstart the selling journey, I provide an

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Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20047105

Martin County REALTORS® of the Treasure Coast

APN: 2401-503-0022-000-1