511 TEXAS COURT, FORT PIERCE, FL 34950

LATEST
bedrooms 8
|Townhouse
THB ฿19,346,952
USD $574,999
Published on: 22 Feb 2025
Last updated on: 23 Feb 2025
511 TEXAS COURT, FORT PIERCE, FL 34950
511 TEXAS COURT, FORT PIERCE, FL 34950
511 TEXAS COURT, FORT PIERCE, FL 34950
+20
511 TEXAS COURT, FORT PIERCE, FL 34950
  • 20
Property ID: 110097608073
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Triplex - FORT PIERCE, FL

511 TEXAS COURT, FORT PIERCE, FL 34950
Incredible Triplex Opportunity in Fort Pierce!!                                                                                                                                   Don’t miss out on this fantastic opportunity to own a well-maintained triplex in a rapidly appreciating neighborhood in Fort Pierce! Perfect for both investors and owner-occupants, this property offers tremendous potential with below-market rents and the chance to increase rental income. With three separate buildings sitting on a massive lot, this property is ideal for those seeking space, privacy, and a solid income-generating investment.                                                                                                                                                                    The triplex consists of three updated units, totaling 8 bedrooms and 3 bathrooms. Each unit has been meticulously maintained and features luxurious, durable tile flooring, including beautiful modern wood-style tile throughout. The units have open, functional layouts that offer a comfortable living experience for tenants, with kitchens that are as practical as they are stylish.                                                                                                                                                                                                                                                                                                               One of the standout features of this property is the brand-new metal roofs on all three units—installed less than a year ago—providing peace of mind for years to come. Additionally, the units are separately metered for both water and electricity, and tenants are responsible for their own utilities, which is a huge benefit for investors looking for a hassle-free investment.                                                                                                                       The property has also had recent upgrades, including new re-piping for the water supply lines and replaced electrical boxes. Each unit has its own window AC unit for individual climate control. While the property has been well-kept, it still presents an opportunity for some cosmetic updates to increase its value even further.                                                                                                                           With current rents of $1,000 for a 3-bedroom, $900 for a 2-bedroom, and $1,250 for a 3-bedroom unit, the property generates $3,150 per month in rental income. Based on comparable market rates, there is an opportunity to increase the rental income to $4,000–$4,100 per month, providing great potential for higher returns.                                                                                                                                                                                         This property is ideal for investors looking to capitalize on a growing area or for an owner-occupant who wants to live in one unit while renting out the others. Located in a coveted neighborhood, with ample space for parking or storage, this triplex offers both value and opportunity.                                                                                                                                                                                   Easy to show—schedule your viewing today! 

Property Details

Basic Info

Property Type
Townhouse
Listing Status
Active
Land Size
849.84 m2
Building Size
263.38 m2
Year Built
1905
Rooms
8 bedroom(s)
Architecture Style
Other
County
St Lucie
Parcel ID
24-09-823-0056-0005
Provider
Stellar MLS
Subdivision
CRAMERS ADD
Brokerage Office Name
Richard Peters Realty LLC
Brokerage Office Phone
(352) 448-9712
Address
511 TEXAS COURT, FORT PIERCE, FL 34950

Tax History

YearTax amount
2024USD $6939THB ฿233,476*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Ronald Ryder
RICHARD PETERS REALTY LLC
8051 N. TAMIAMI TRAIL, Sarasota, FL 34243
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Ronald Ryder
8051 N. TAMIAMI TRAIL, Sarasota, FL 34243
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      Property ID: 110097608073

      Data provided by Stellar MLS, MLS #: TB8353000
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