Bought with Coldwell Banker Paradise
$1,232,500
$1,250,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
5 Baths
3,922 SqFt
SOLD DATE : 06/30/2022
Key Details
Sold Price $1,232,500
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,922 sqft
Price per Sqft $314
Subdivision Outer Reef, A Condominium
MLS Listing ID RX-10799493
Sold Date 06/30/22
Bedrooms 5
Full Baths 5
Construction Status Resale
HOA Y/N No
Year Built 1973
Annual Tax Amount $1,244
Tax Year 2021
Lot Size 0.296 Acres
Property Description
WHAT A UNIQUE OPPORTUNITY! THIS IS A FIVE UNIT CONDOMINIUM BUILDING WHICH ALL FIVE ARE INDIVIDUALLY DEEDED. THREE ONE BEDROOM UNITS AND TWO TWO BEDROOM UNITS. PERFECT FOR AN AIRBNB, MOTEL, CONDO COMPLEX, FAMILY COMPOUND, OR JUST KEEP IT AS IT IS. THIS A SOLID CBS STRUCTURE WITH NEWER IMPACT WINDOWS AND DOORS, NEWER 50 YEAR STONE COATED METAL BARRELL STYLE ROOF. SEPTIC SYSTEM AND DRAINFIELD WITH TANKS AND LIFTS REPLACED IN 2006. FRESHLY PAINTED AND NUMEROUS UPGRADES. STEPS AWAY FROM ONE OF THE BEST BEACHES ON THE EAST COAST. NO CITY TAXES AND IT IS NOT IN A FLOOD ZONE! FPL PROVIDES POWER. EACH UNIT HAS IT'S OWN METER AND ONE WATER METER. THE POTENTIAL INCOME OF THIS 5 PLEX IS HUGE.
Location
State FL
County St. Lucie
Area 7020
Zoning RS-4Co
Interior
Heating Central, Electric
Cooling Central, Electric
Flooring Ceramic Tile
Exterior
Exterior Feature Room for Pool
Community Features Sold As-Is
Utilities Available Cable, Electric, Public Water
Amenities Available None
Waterfront Description None
View Other
Roof Type Barrel,Metal
Present Use Sold As-Is
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre, Paved Road, Public Road
Story 2.0
Foundation CBS
Construction Status Resale
Others
Senior Community No Hopa
Restrictions < 20 lb Pet
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Find out why customers are choosing LPT Realty to meet their real estate needs