505 27th Street N, Fort Pierce, FL 34947
  • MLS#: RX-11111382 ( Duplex )
  • Street Address: 505 27th Street N
  • Viewed: 8
  • Price: $525,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2025
  • Bldg sqft: 0
  • Days On Market: 50
  • Additional Information
  • Geolocation: 27.4532 / -80.3524
  • County: SAINT LUCIE
  • City: Fort Pierce
  • Zipcode: 34947
  • Subdivision: Magnolia Park Subdivision
  • Provided by: Meant2b Realty LLC
  • Contact: Nicholas Tobis
  • (772) 877-2338
  • DMCA Notice
  • Description
    BRAND NEW Duplex Investment Opportunity! This exceptional property boasts a monthly gross revenue of $4,974 making it an ideal addition to any real estate portfolio. It has an impressive annual gross income of nearly $60,000. With a cap rate of approximately 10.04%, this investment offers a compelling rate of return that surpasses many market alternatives. Each unit is extremely efficient and situated in a high demand location, ensuring consistent tenant interest and dependable cash flow. Don't miss your chance to secure this lucrative investment property!
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Features
Absolute Longitude
  1. 80.352377
Avail Info
  1. None
Carport Spaces
  1. 4.00
Construction
  1. Block
  2. CBS
  3. Concrete
Cooling
  1. Central Individual
  2. Electric
Country
  1. United States
Exterior Features
  1. Awnings
  2. Room for Pool
Flooring
  1. Concrete
Heating
  1. Central Individual
  2. Electric
Homeowners Assoc
  1. None
Housing For Older Persons Act
  1. No Hopa
Income Expenses Annual Net Oper Inc
  1. 52688.00
Income Expenses Annual Total Expense
  1. 7000.00
Income Expenses Gross Operating Inc
  1. 59688.00
Legal Desc
  1. MAGNOLIA PARK BLK 2 LOTS 11 AND 12
Lot Description
  1. 1/4 to 1/2 Acre
Number Of Stories
  1. 1.0
Parcel Id
  1. 240850200310005
Possession
  1. At Closing
Private Pool
  1. No
Property Condition
  1. Under Construction
Property Group Id
  1. 19990816212116581394000000
Property Type
  1. Duplex
Roof
  1. Metal
Separate Elec Meters
  1. Yes
Separate Wtr Meters
  1. Yes
Source Of Expenses
  1. Proforma
Special Assessment
  1. No
Sqft Source
  1. Floor Plan
Sqft Total
  1. 1780.00
Storm Protection Panel Shutters
  1. Complete
Subdivision Information
  1. None
Tax Year
  1. 2024
Taxes
  1. 455.10
Tenant Pays
  1. Cable
  2. Common Area Maint
  3. Electric
  4. Sewer
  5. Water
Total Building Sqft
  1. 1760.00
Utilities
  1. Cable
  2. Electric
  3. Public Water
  4. Septic
Waterfront Details
  1. None
Year Built
  1. 2025
Zoning
  1. Medium
Liked Listings
Headshot for Associate Krista Plagge
  1. Krista Plagge, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 813.285.1702
  4. krista@homeguidetampa.com