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FL St Lucie FORT PIERCE 34950 511 TEXAS COURT

511 TEXAS COURT, FORT PIERCE, FL 34950

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Listing Type

Multi Family

Listing Status

active

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$1,473,999

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Home Details for 511 TEXAS COURT

Price

$1,473,999

Type

Multi Family

Bedrooms

Total Bathrooms

Year Build

1905

Sq. Ft.

2835

Lot Size

0.21

County

St Lucie

Tax

$6,939

MLS®️ Listing#

TB8353000

On exitrealty.com

233 days

Property Description

Incredible Triplex Opportunity in Fort Pierce!! Donâ€™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 unitsâ€”installed less than a year agoâ€”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 showâ€”schedule your viewing today!

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Listing Courtesy: RICHARD PETERS REALTY LLC - 352-448-9712

Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.

Last Updated: 2025-09-21 05:15:18

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EXIT RIGHT REALTY

2036 14th Ave Ste 103, Vero Beach, FL 32960

Office

772 404 4450

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$1,473,999

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EXIT RIGHT REALTY

2036 14th Ave Ste 103, Vero Beach, FL 32960

Office

772 404 4450

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511 TEXAS COURT, FORT PIERCE, FL 34950

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