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O'Neil Dayes

odayes@oneildayes.com +1(754) 240-4203

$ 299,000

Est. payment | -/mo

1,600 SqFt

Save Virtual Tour

$ 299,000

Est. payment | -/mo

Save Virtual Tour

1,600 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $186

Subdivision Pinewood Subdivision

MLS Listing ID B26055298

Style One Story,Twin Home,Duplex

HOA Y/N No

Leases Per Year 12

Year Built 1925

Annual Tax Amount $5,220

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Duplex

Property Description

Now offered with exceptional seller financing at a below-market 5.5% interest rate with just 15% down! Whether you're looking to grow your investment portfolio or purchase your first income-producing property, this is an outstanding opportunity. This well-maintained 1920s duplex in Fort Pierce has been consistently occupied by the same reliable, on-time paying tenants since 2022, providing immediate rental income. Each unit has its own electric meter, with one shared water meter, plus a shared washer and dryer located behind the building. Recent improvements include a new roof (2020), most windows replaced (2021), renovated interiors in both units, including one with a newer kitchen and A/C units and the other featuring a brand-new bathroom. The most recent 4-point inspection reported no deficiences. A charming covered front porch adds to the property's historic character and curb appeal. Don't miss this turnkey investment opportunity!

Location

State FL

County St Lucie

Community Pinewood Subdivision

Area 7080

Direction From I 95 exit Okeechobee- head east- continue onto Virginia, left onto Sunrise, Right onto Ohio, left onto Colonial Rd to property on left- 1109.

Interior

Interior Features Main Living Area Entry Level

Heating None

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Hardwood, Tile, Wood

Exterior

Exterior Feature None, Patio

Pool None

Utilities Available Electricity Available, Sewer Available, Water Available

View Garden

Roof Type Composition,Flat,Shingle,Tile

Street Surface Paved

Porch Patio

Private Pool No

Building

Lot Description <1 Acre, < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Architectural Style One Story, Twin Home, Duplex

Level or Stories One

Structure Type Block,Stucco

Others

Pets Allowed No Pet Restrictions

HOA Name Rook Realty

Senior Community No

Restrictions No Restrictions

Tax ID 241560103890005

Acceptable Financing Owner May Carry, Owner May CarrySecond

Listing Terms Owner May Carry, Owner May CarrySecond

Special Listing Condition Listed As-Is

Pets Allowed No Pet Restrictions

Virtual Tour https://www.propertypanorama.com/1109-Colonial-Road-A-B-Fort-Pierce-FL-34950/unbranded

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Rook Realty LLC

+1(754) 240-4203

odayes@oneildayes.com

7875 NW 57th St # 25497, Tamarac, Florida,, 33351, United States

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1109 Colonial RD #A & B Fort Pierce, FL 34950