PRICED AT ONLY: $419,999
Address: 516 11th Street, Fort Pierce, FL 34950
Description
Add this high performing duplex style asset to your investment portfolio. Featuring a 3BD/2BA main home plus a 3BD/1BA guest home, this property delivers strong, reliable income with both units leased through March 2027. Recent improvements include a new roof, updated interiors, and additional upgrades that reduce long term maintenance exposure. With a combined rent roll of $4,000 per month, this property is already operating at a 7.5% cap rate, making it an ideal turnkey addition for any buy and hold investor.
Property Location and Similar Properties
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- MLS#: B26016097 ( Residential )
- Street Address: 516 11th Street
- Viewed: 66
- Price: $419,999
- Price sqft: $151
- Waterfront: No
- Year Built: 1918
- Bldg sqft: 2785
- Bedrooms: 6
- Total Baths: 3
- Full Baths: 3
- Garage / Parking Spaces: 1
- Days On Market: 28
- Additional Information
- Geolocation: 27 / -80
- County: Saint Lucie
- City: Fort Pierce
- Zipcode: 34950
- Subdivision: Amended Plat Of Stouder's Subd
- Elementary School: Lawnwood
- Middle School: Dan Mccarty
- High School: Fort Pierce Central
- Provided by: Preferred Properties Int'l Rea
- DMCA Notice
Features
Building and Construction
- Flooring: Vinyl
- Other Structures: Guest House
- Roof: Shingle
School Information
- High School: Fort Pierce Central
- Middle School: Dan Mccarty
- School Elementary: Lawnwood
Garage and Parking
- Parking Features: Attached Carport, Carport, Driveway, Unpaved
Eco-Communities
- Water Source: Public
Utilities
- Cooling: Central Air
- Electric: 200+ Amp Service
- Heating: Central
- Pets Allowed: No Restrictions, Yes
- Sewer: Public Sewer
- Utilities: Electricity Available, Sewer Connected, Water Available
Finance and Tax Information
- Tax Year: 2025
Other Features
- Appliances: Tankless Water Heater, Range, Refrigerator, Water Heater
- Interior Features: None
- Legal Description: AMENDED PLAT OF STOUDER`S S/D LOT 8
- Levels: One
- Parcel Number: 240982200090008
- Views: 66
- Zoning Code: SF Moderat
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Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
