SITE. Multifamily Portfolio For Sale 905 Avenue J, Fort Pierce, Florida G Terrace, Fort Pierce, Florida $1,065,000.

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Sharlene Gray
5 years ago
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1 905 Avenue J, Fort Pierce, Florida G Terrace, Fort Pierce, Florida North 10th Street SITE Avenue J Douglas R. Legler Broker Associate douglas@naisouthcoast.com 36th Offered At: $1,065,000

65 Single Family Lots Property Information 905 Avenue J, Fort Pierce,

Intercoastal/Beaches Downtown Building Size A: 2,607 SF Building Size B:

94 Acres Zoning: R4 Property Overview 13 Easy to manage units near

Located only a few blocks from US 1 and the waterfront, these units are

Opportunities for rent growth exist as these properties are 100% occupied

2 65 Single Family Lots Property Information 905 Avenue J, Fort Pierce, Florida Property Details Number of Units: 9 Units Unit Mix: (9) 2/2 Intercoastal/Beaches Downtown Building Size A: 2,607 SF Building Size B: 2,610 SF Building Size C: 2,604 SF SITE Land Size:.94 Acres Zoning: R4 Property Overview 13 Easy to manage units near Down-Town Fort Pierce. All units are updated and well renovated. Located only a few blocks from US 1 and the waterfront, these units are convenient and in-demand as the vibrant downtown core is expanding. Opportunities for rent growth exist as these properties are 100% occupied with a wait list. SITE Intercoastal/Beaches 2055 S Kanner Hwy. Stuart, Florida naisouthcoast.com

3 Multifamily Portfolio For Sale Professional Office Space For Lease Professional Office Space For Lease 1660 SW St. Lucie West Blvd, Port Saint Lucie, FL SW St. Blvd,Florida Port Saint Lucie, FL Avenue J,Lucie FortWest Pierce, S Kanner Hwy. Stuart, Florida naisouthcoast.com

4 905 Avenue J, Fort Pierce, Florida S Kanner Hwy. Stuart, Florida naisouthcoast.com

1401 G Terrace, Fort Pierce, Florida 34950 Property Details

5 1401 G Terrace, Fort Pierce, Florida Property Details Number of Units 4 Units Unit Mix: (4) 2/1 Building Size: Two buildings at 1,300 SF each Land Size:.22 Acres Zoning: R S Kanner Hwy. Stuart, Florida naisouthcoast.com

6 1401 G Terrace, Fort Pierce, Florida S Kanner Hwy. Stuart, Florida naisouthcoast.com

7 Professional Professional Office Office Space Space For Lease For Lease 1660 SW St. Lucie West Blvd, Port Saint Lucie, FL SW St. Lucie West Blvd, Port Saint Lucie, FL RENT ROLLS Unit Number 1 Unit Bed Unit Bath Current Rent Market Rent 2 2 $800 $ $800 $ $800 $ $800 $ $750 $ $750 $ $750 $ $750 $ $750 $ $650 $ $650 $ $650 $ $700 $700 Totals/Averages $9,600 $10, S Kanner Hwy. Stuart, Florida naisouthcoast.com

8 FINANCIAL SUMMARY Professional Office Space For Lease 1660 SW St. Lucie West Blvd, Port Saint Lucie, FL Investment Overview Price $1,065,000 Price per Unit $81,923 GRM 9.2 CAP Rate 8.5% Cash-on-Cash Return (yr 1) 8.5 % Total Return (yr 1) $90,473 Debt Coverage Ratio - Operating Data Gross Scheduled Income $115,200 Other Income - Total Scheduled Income $115,200 Vacancy Cost $5,760 Gross Income - Operating Expenses $18,967 Net Operating Income $90,473 Pre-Tax Cash Flow $90,473 Financing Data Down Payment $1,065,000 Loan Amount - Debt Service - Debt Service Monthly - Principal Reduction (yr 1) S Kanner Hwy. Stuart, Florida naisouthcoast.com

Regional Overview Fort Pierce, Florida Fort Pierce Overview Around Town Located beach front in the charming and historic city of Fort Pierce, this development site is surrounded by crystal blue ocean

Fort Pierce is rich in heritage including the birthplace of the Navy Seals commemorated by the National Navy Seal Museum.

Discover the story behind Fort Pierce s famous artists such as A.E. Backus, Zora Neale Hurston and the Florida Highwaymen.

Lucie County Aquarium, Pelican Island Yacht Club and many more exciting destinations Just West of the Island is Fort Pierce s vibrant and colorful downtown where on any given day you might enjoy

The City of Fort Pierce along with the economic development council has succeeded in redeveloping and revitalizing significant areas of the city.

9 Regional Overview Fort Pierce, Florida Fort Pierce Overview Around Town Located beach front in the charming and historic city of Fort Pierce, this development site is surrounded by crystal blue ocean waters, 21 miles of unspoiled white sandy beaches, and an award-winning waterfront downtown. Fort Pierce is rich in heritage including the birthplace of the Navy Seals commemorated by the National Navy Seal Museum. Hop aboard Fort Pierce s Authentic Tours program and discover activities and natural assets that every eco-enthusiast is sure to enjoy. Discover the story behind Fort Pierce s famous artists such as A.E. Backus, Zora Neale Hurston and the Florida Highwaymen. Nearby attractions include a dive-able shipwreck at Pepper Park, Wildcat Cove Nature Trail, world class saltwater fishing, St. Lucie County Aquarium, Pelican Island Yacht Club and many more exciting destinations Just West of the Island is Fort Pierce s vibrant and colorful downtown where on any given day you might enjoy dining, shopping, spas, art galleries, the farmers market, and various festivals. Also not to be missed is the Inlet, Riverfront Park, Sunrise Theatre, and the recently renovated world class Marina. The City of Fort Pierce along with the economic development council has succeeded in redeveloping and revitalizing significant areas of the city. With an emphasis on preserving its original beauty and historical architecture the city has seen and will continue to see many exciting developments. Located in rapidly growing St. Lucie County, Fort Pierce is poised to become a hub for mega-yacht services and furthermore a major player in the booming south Florida economy. St. Lucie County has consistently drawn national attention over the past decade, being sited by Forbes Magazine, Bloomberg and the Wallstreet Journal as a top place to live or do business. In 2014 Forbes also named it one of the 25 Best Places to Retire S Kanner Hwy. Stuart, Florida naisouthcoast.com 2055 S Kanner Hwy. Stuart, Florida naisouthcoast.com

Offering Summary LISTING AGENT 905 Avenue J, Ft.

IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED

OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING,

10 Offering Summary LISTING AGENT 905 Avenue J, Ft. Pierce, Florida G Terrace, Ft. Pierce, Florida Douglas R. Legler Broker Associate douglas@naisouthcoast.com Offered At: $1,065,000 NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED. v

SITE. Build Your Oceanfront Estate In Months Not Years! SR A1A, Fort Pierce, FL Offered at: $1,050,000. Presented by: Presented by:

SITE. Build Your Oceanfront Estate In Months Not Years! SR A1A, Fort Pierce, FL Offered at: $1,050,000. Presented by: Presented by: Build Your Oceanfront Estate In Months Not Years! Atlantic Ocean St. Lucie River North SR A1A SITE Presented by: Boyd G. Bradfield, Jr. Broker/President +1 772 215 2538 boyd@naisouthcoast.com Presented