3625 S US Highway 1, Fort Pierce FL 34982

21-Unit Multifamily Investment | SOLD! $1,650,000

• Jeremiah Baron & Co. is pleased to present an exceptional purchase opportunity consisting of a 21-room multi-family property with a 1 bed / 1 bath house located just off S US Highway 1 in Fort Pierce, FL.
• Site features include a pool, expansive yard space, and a common area for food service and lounge.
• The interior and exterior of the property was previously renovated back in 2015 with additional improvements taking place during 2021 that will include a new septic and landscaping. Completed improvements include a new roof and a freshly painted exterior.
• Situated on a 1.51 acre land with additional land in the rear that could be potentially be purchased.
• There is a motel license in place makes for quick 1 day evictions, plus the benefit of zero headaches with an on-site property manager.
• This location was previously approved by the City of Fort Pierce for a treatment center.
• Centrally located in the city of Fort Pierce, quick 12 minute commute to the I-95 access ramp and Florida’s Turnpike and less than 10 miles away from parks and beaches.