One or more photo(s) has been virtually staged. Investor opportunity in the heart of Fort Pierce! 1215 Hartman is a mid century, 11 unit concrete block community on nearly an acre. This stable asset features eight efficient 1BRs, a large 1BR with 2BR potential, and two oversized 2BR/1BA units easily reconfigurable as 3BRs each with a private courtyard. The exterior was just freshly painted, and a light renovation blueprint completed on Unit 6 is ready to scale. With tenants covering utilities and near 100% occupancy for 3+ years, new ownership can achieve 8%+ returns through rent growth and chargebacks. Minutes from beaches, parks, and downtown, 1215 Hartman offers lifestyle appeal and strong cash flow. Highlights: 3+ years near full occupancy Freshly painted exterior Renovation ready template in place Tenant paid utilities & RUBS potential Reconfigurable floor plans for added value Central location near I 95 and beaches 8%+ projected CAP rate Private courtyards in large units
One or more photo(s) has been virtually staged. Investor opportunity in the heart of Fort Pierce! 1215 Hartman is a mid century, 11 unit concrete block community on nearly an acre. This stable asset features eight efficient 1BRs, a large 1BR with 2BR potential, and two oversized 2BR/1BA units easily reconfigurable as 3BRs each with a private courtyard. The exterior was just freshly painted, and a light renovation blueprint completed on Unit 6 is ready to scale. With tenants covering utilities and near 100% occupancy for 3+ years, new ownership can achieve 8%+ returns through rent growth and chargebacks. Minutes from beaches, parks, and downtown, 1215 Hartman offers lifestyle appeal and strong cash flow. Highlights: 3+ years near full occupancy Freshly painted exterior Renovation ready template in place Tenant paid utilities & RUBS potential Reconfigurable floor plans for added value Central location near I 95 and beaches 8%+ projected CAP rate Private courtyards in large units
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 5511.00
Property Information
Property Condition: Completed
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: Wall/Window Unit(s)
Road Frontage Type: County Road
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Legal Description: 18 35 40 FROM NE COR OF SEC RUN S ALG E SEC LI 1899.22 FT FOR POB, TH S 88 DEG 45 MIN W 265 FT, TH S 209 FT, TH N 88 DEG 45 MIN E 120 FT, TH N 70 FT, TH N 88 DEG 45 MIN E 145 FT, TH N 139 FT TO POB-LESS E 25 FT- (0.96 AC)
Prime Commercial Building on Large Corner Lot Zoned C 3 (General Commercial)Solid 2,900 SF CBS constructed building situated on a spacious corner lot in a highly visible location. Zoned C 3, offerin
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