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670 Hernando Street

Fort Pierce, FL 34949
  • $2,200,000
  • STATUS: Active
  • ON SITE: 124 Days
  • ID#: RX-11026871
UPDATED: 33 min ago
$2,200,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,943
    SQFT
  • $558
    $/SQFT
Type:
Multi-Family
Built:
1949
County:
Area:

School Ratings & Info

Description

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 just a short walk from the pristine beaches. Fully licensed and operational, this income-generating investment features 5 designated 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, 1489sf, Unit #2=1/1, 330 sf, Unit #3=2/1, 777 sf, Unit #4=3/1, 867 sf, Unit #5= 1/1, 480sf.

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www.kaufman-propertiesfl.com/homes/156386013
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670 Hernando Street Fort Pierce, FL 34949

  • Price: $2,200,000
  • Status: Active
  • On Site: 124 Days
  • Updated: 33 min ago
  • ID#: RX-11026871
0
Beds
0
Baths
0
½ Baths
0.16
Acres
3,943
SQFT
$558
$/SQFT
1949
Built
Neighborhood:
Ocean View Subdivision Replat Holley & Morgan
County:
St. Lucie
Area:
Fort Pierce
Property Description
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 just a short walk from the pristine beaches. Fully licensed and operational, this income-generating investment features 5 designated 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, 1489sf, Unit #2=1/1, 330 sf, Unit #3=2/1, 777 sf, Unit #4=3/1, 867 sf, Unit #5= 1/1, 480sf.
Exterior Features

Carport Spaces 5.00 Construction CBSFrame Exterior Features Covered PatioExterior W/D HookupOutdoor ShowerScreened Balcony Lot Description < 1/4 Acre1/4 to 1/2 Acre Lot Dimensions 53X131 Private Pool YN No Roof Comp Shingle Storm Protection Impact Glass Partial Storm Protection Panel Shutters Partial Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Space Parking Unit4 Parking Space Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling CentralWall-Win A/C Flooring CarpetCeramic TileVinyl Floor Heating CentralWindow/Wall Unit1 Bedrooms 26 Unit1 Desc A/C UnitDen/FamilyDishwasherDryerKitchenLaundry TubPatioRange - ElectricRefrigeratorSeparate DiningSmoke DetectorWasherWindow Cover Unit1 Full Baths 2 Unit1 Furnished Yes Unit1 Sq Ft 1489 Unit2 Bedrooms 1 Unit2 Desc A/C UnitDen/FamilyKitchenRange - ElectricRefrigeratorWindow Cover Unit2 Full Baths 1 Unit2 Furnished Yes Unit2 Sq Ft 330 Unit3 Bedrooms 2 Unit3 Desc A/C UnitDen/FamilyKitchenPatioRefrigeratorWindow Cover Unit3 Full Baths 1 Unit3 Furnished Yes Unit3 Sq Ft 777 Unit4 Bedrooms 3 Unit4 Desc A/C UnitDen/FamilyKitchenRange - ElectricRefrigeratorWindow Cover Unit4 Full Baths 1 Unit4 Furnished Yes Unit4 Sq Ft 867

Property Features

Annual Net Operating Income 77255.00 Annual Total Expenses 36745.00 Application Fee 0.00 Auction No Available Info None Built Desc Resale Gated Community No Gross Operating Income 114000.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Quad Plex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Special Info Sold As-Is Sq Ft Total 5126.00 Subdivision Amenities None Tax Amount 15000.00 Tax Year 2023 Taxes City/County Tenant Pays ElectricWater Terms Considered CashConventional Unit1 Monthly Income 2500.00 Unit2 Monthly Income 1100.00 Unit3 Monthly Income 2000.00 Unit4 Monthly Income 2400.00 Utilities Public SewerPublic Water Zoning HIMedi

Listing provided courtesy of Realty One Group Engage: . Listing information © 2025 BeachesMLS
 
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Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432