About 505 N 27th Street
BRAND NEW Duplex Investment Opportunity! This exceptional property boasts a monthly gross revenue of $4,974 making it an ideal addition to any real estate portfolio. It has an impressive annual gross income of nearly $60,000. With a cap rate of approximately 10.04%, this investment offers a compelling rate of return that surpasses many market alternatives. Each unit is extremely efficient and situated in a high-demand location, ensuring consistent tenant interest and dependable cash flow. Don't miss your chance to secure this lucrative investment property!
Features of 505 N 27th Street
| MLS® # | RX-11111382 |
|---|---|
| Price | $525,000 |
| Bedrooms | 6 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,780 |
| Acres | 0.34 |
| Year Built | 2025 |
| Type | Multi-Family |
| Sub-Type | Duplex |
| Style | No |
| Status | Active |
Community Information
| Address | 505 N 27th Street |
|---|---|
| Area | 7070 |
| Subdivision | MAGNOLIA PARK SUBDIVISION |
| City | Fort Pierce |
| County | St. Lucie |
| State | FL |
| Zip Code | 34947 |
| HOPA | No Hopa |
Amenities
| Utilities | 3-Phase Electric, Public Water, Cable, Septic |
|---|---|
| Parking Spaces | 4 |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
| Subdivision | None |
Interior
| Heating | Central Individual, Electric |
|---|---|
| Cooling | Central Individual, Electric |
| # of Stories | 1 |
Exterior
| Exterior Features | Awnings, Room for Pool |
|---|---|
| Lot Description | 1/4 to 1/2 Acre |
| Roof | Metal |
| Construction | Block, CBS, Concrete |
Additional Information
| Zoning | Medium |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Meant2b Realty LLC |
|---|