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16-Unit Multifamily Portfolio

3261 South US Highway 1, Fort Pierce, FL, 34982
For Sale

Property Details

  • Price: $1,899,000
  • Property Type: Investment, Multi-Family
  • Availability: Available
  • Transaction Type: For Sale
  • Building Size: 14,057 SF
  • Lot Size: 3.32 AC
  • Sale Type: Investment
  • Tenancy: Multi Tenant
  • Zoning Description: CO
  • APN/Parcel ID: Multiple
  • Units: 16
  • Year Renovated: 2022
  • No. of Parcels: 4
  • Proforma Cap Rate: 9.8%

Property Description

Exceptional opportunity to acquire a multifamily portfolio consisting of four contiguous parcels totaling 3.32 acres in the heart of Fort Pierce, FL. The portfolio features a diverse unit mix across 12 buildings that include both single-family structures and duplexes, creating flexibility and long-term rental demand.

The investment encompasses a total of 16 rentable units with a combined 14,057 square feet of living space. Situated between S US Highway 1 and S 7th Street, the site benefits from strong visibility and convenient access to major thoroughfares, employment hubs, and the surrounding residential and commercial communities.

Positioned within the workforce housing sector, the properties align with the area’s sustained demand for attainable rental options. With a proforma annual NOI of $186,560, this portfolio offers investors a rare chance to secure immediate cash flow and future upside potential in a growing Treasure Coast market.

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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