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Seahouse Apartments

601 S Ocean Dr., Fort Pierce, FL , 34949
For Sale

Property Details

  • Price: $3,200,000
  • Property Type: Residential Income Property
  • Availability: Available
  • Transaction Type: For Sale
  • Building Size: 5,569 SF
  • Lot Size: 0.46 AC
  • Property Sub Type: Multifamily
  • Year Built: 1950
  • No. Stories: 2
  • Tenancy: Multi Tenant
  • Zoning Description: R-4A
  • APN/Parcel ID: 2401-502-0020-000-4

Property Description

Seahouse Apartments

  • Discover a prime investment with this 12-unit multifamily apartments currently grossing $225,000 annually.
  • The unit mix includes two spacious 2-bedroom/2-bathroom units, three comfortable 1-bedroom/1-bathroom units, and seven efficiently designed units.
  • The strategic location along the Atlantic coast further adds value to the investment, as it positions the property within a desirable and sought-after destination. The potential for high rental demand, coupled with the picturesque surroundings, ensures not just a sound financial investment but also an opportunity to capitalize on the growing market for vacation rentals.

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Financial Summary

Investment Highlights

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