$484,999

511 Texas Court , Fort Pierce, FL 34950

 
Bedrooms: 8 beds
Bathrooms: 0 baths
(None specified): 2,835 sqft
Lot: 0.21
Year Built: 1905
Listing Status: Active

Listing Agent

Ronald Ryder
https://richardpetersrealty.com/
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest: $
Monthly tax: $
Total Payment: $

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

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-bed, $900 for a 2-bed, and $1,250 for a 3-bed unit, the property generates $3,150 per month in rental income. TOTAL RENTS ARE INCREASING ON JUNE 1st AS FOLLOWS: 509A raises to $1,250/month, 509B raises to $1,150/month, and 511 raises to $1,500/month 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!

Detailed Items

Other Information

511 Texas Court, Fort Pierce, FL, 34950 is a (none specified) listing of 2,835 sqft on a lot of 0.21. This (none specified) listing has 8 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property511 Texas Court, Fort Pierce, FL
Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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