1215 HARTMAN RD new Save Request In-Person Tour Request Virtual Tour
Fort Pierce,FL 34947
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
Year Built 1970
Annual Tax Amount $13,585
Lot Size 0.960 Acres
Property Sub-Type Multi Family
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
Foundation Slab
Structure Type Block
New Construction false
Others
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Special Listing Condition None
Virtual Tour https://youtu.be/n88pmnm42AQ?si=hKtz8oHNsyMbtgHG