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$1,450,000

Beds
Unknown
sq ft
2,082

711 S Ocean Drive Dr, Fort Pierce, FL 34949

711 S Ocean Drive Dr

Fort Pierce, FL 34949

  • 126 days on market
GREAT PROPERTY with the potential for 4 Fully Furnished rental units including 2 efficiencies, 2 one-bedroom apartments and a separate utility room with laundry facilities and extra storage. Building completely updated with new water/sewer lines, electric, roof, impact windows, AC and paint. Being sold fully furnished/turnkey. Each unit has a private entrance. Public beach and ocean access across the street. Great seasonal, vacation, short term or long-term rentals - you decide. Each 1 BR unit can be combined with the adjacent efficiency to make a 2BR/2Ba apartment. There is also a 1-car garage in back of property and plenty of room for a pool or possibly additional units. (Additional permitting and approvals would be required.) Walk to the Fort Pierce Jetty restaurants/nightlife.

Details

Property type

Lot size

0.32 acres

Price per sq ft

$697

Year built

1952

Annual property taxes

$7,908

HOA

Yes

Price History

05/17/2024
Beaches

Beaches #R10988240

Listed
$1,450,000
+480%
02/14/2019
Beaches

Beaches #R10486750

Sold
$250,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Chase Manhattan Mortgage Corp

Loan start date

April 2002

Original loan amount

$86,800

Est. remaining balance

Not provided

Interest rate

6.86%

Loan type

Commercial

Seller

Mea A Atkins and Warren Atkins

Lender

Chase Manhattan Mtg Corp

Loan start date

January 1997

Original loan amount

$104,295

Est. remaining balance

Not provided

Interest rate

7.52%

Loan type

FHA

Seller

Mera A Atkins and Willie T Spearin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/19/2024 at 11:55 PM

Listing updated: 09/02/2024 at 2:12 AM

Listed by: Anna Schramke, Keller Williams Realty of PSL Phone #: (772) 236-5700

MLS: Beaches #R10988240

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