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4 Unit Oceanfront Multifamily
| Address | 1156 S Ocean Drive, Fort Pierce, Florida 34949 |
|---|---|
| Sale Price | $3,495,000 |
| Cap Rate | N/A |
| Property Type | Multifamily |
| Property Subtype | Building - Low-rise |
| Market | Fort Pierce |
| Sub Market | N/A |
| Year Built | 1975 |
| Land Size (Acres) | 0.29 |
| Building Size (SF) | 5,096 |
| Lease Rate | N/A |
| # of units | 4 |
Description/Comments:
N/A
Space Descriptions:
This boutique four-unit oceanfront apartment building offers an extraordinary opportunity for investors seeking a luxury coastal property with versatile income potential. Perfectly positioned on the white sandy beaches and turquoise waters of the Atlantic Ocean in Fort Pierce, Florida, the property comprises four beautifully renovated two-bedroom, two-bath residences designed for comfort, style, and effortless beachside living.
Each unit is individually metered for water and electric, allowing for efficient utility management and flexible leasing arrangements. Investors can capitalize on multiple income strategies from short-term or vacation rentals to long-term leases or choose to reserve one oceanfront residence for personal use and enjoy the rare privilege of owning a private retreat on the beach.
The upper-level units feature sweeping, unobstructed ocean views that capture the essence of coastal Florida luxury and make this property a standout investment in one of the states most charming seaside communities.
Each unit is individually metered for water and electric, allowing for efficient utility management and flexible leasing arrangements. Investors can capitalize on multiple income strategies from short-term or vacation rentals to long-term leases or choose to reserve one oceanfront residence for personal use and enjoy the rare privilege of owning a private retreat on the beach.
The upper-level units feature sweeping, unobstructed ocean views that capture the essence of coastal Florida luxury and make this property a standout investment in one of the states most charming seaside communities.
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