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$1,375,000

Est. payment - /mo

5,511 SqFt

New

1215 HARTMAN RD Fort Pierce, FL 34947

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Sean Bates

sean@realtorseanbates.com +1(813) 413-1147

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,511 sqft

Price per Sqft $249

Subdivision Metes & Bounds

MLS Listing ID O6321649

Construction Status Completed

HOA Y/N No

Year Built 1970

Annual Tax Amount $13,585

Lot Size 0.960 Acres

Acres 0.96

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

One or more photo(s) has been virtually staged. Investor opportunity in the heart of Fort Pierce! 1215 Hartman is a mid-century, 11-unit concrete block community on nearly an acre. This stable asset features eight efficient 1BRs, a large 1BR with 2BR potential, and two oversized 2BR/1BA units easily reconfigurable as 3BRs each with a private courtyard. The exterior was just freshly painted, and a light renovation blueprint completed on Unit 6 is ready to scale. With tenants covering utilities and near 100% occupancy for 3+ years, new ownership can achieve 8%+ returns through rent growth and chargebacks. Minutes from beaches, parks, and downtown, 1215 Hartman offers lifestyle appeal and strong cash flow. Highlights: 3+ years near-full occupancy Freshly painted exterior Renovation-ready template in place Tenant-paid utilities & RUBS potential Reconfigurable floor plans for added value Central location near I-95 and beaches 8%+ projected CAP rate Private courtyards in large units

Location

State FL

County St Lucie

Community Metes & Bounds

Area 34947 - Fort Pierce

Zoning RM-9 COUNT

Interior

Cooling Wall/Window Unit(s)

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Structure Type Block

New Construction false

Construction Status Completed

Others

Ownership Other

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

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Listed by DENOVO REALTY

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Sean Bates

Team Lead | SL3271378

+1(813) 413-1147

1215 HARTMAN RD Fort Pierce, FL 34947

Sean Bates

Key Details

Location

Interior

Building

Others

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1215 HARTMAN RD