Property Description

Income-producing opportunity on a half-acre General Commercial corner! This 2,266 sq ft concrete block duplex and adjacent corner lot is just half a block east of US-1, offering exceptional visibility and future development potential. The 3/2 unit rents for $2,550/mo and the 2/1 unit for $1,500/mo-with one tenant in place since 2011. Electrical meters and breaker boxes replaced approx. 5 years ago; ceilings insulated approx. 4 years ago. Collect rent now, convert later-think restaurant, offices, retail, and more. A solid hold with serious upside. Only a couple of blocks from planned mega development-Kings Landing. Within 1 block -New Phatz Restaurant and new Holy Family Veterinary Hospital. Near Historic Downtown Fort Pierce and City Marina. Note that interior of sq footage of each unit is only an estimate however tax records show total interior sq footage of both units at 2,054 sq ft. Taxes for the duplex are $4,547 and taxes for vacant adjacent corner commercial lot are $386

Property Features