UPDATED:
11/12/2024 07:11 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 2,102 sqft
Price per Sqft $346
Subdivision Three Minutes To The Ocean Beach
MLS Listing ID TB8312233
HOA Y/N No
Originating Board Stellar MLS
Year Built 1957
Annual Tax Amount $13,867
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60x125
Property Description
Looking ahead, there's the potential for a Brightline high-speed train station nearby by 2028, which would mean just a 90-minute ride to Miami or Orlando, avoiding traffic. There is local airport in Ft. Pierce, as well international airports in Vero Beach and West Palm next door. This property is perfect candidate for a 1031 exchange, a conversion to a triplex or single family home, or as a short-term rental for platforms like Airbnb or VRBO. Check out this walkthrough to the beach.
Discover the best-kept secret of the Treasure Coast of Florida: South Hutchinson Island in Fort Pierce, near the inlet. The property is ideally located on the south side, while the north side features a state park, inlet, and jetty. This versatile property can be configured as a duplex or triplex and is fully rented with fantastic tenants.
A mere three-minute walk takes you to the public beach, and you're just five minutes from the jetty inlet and local restaurants. Ever wanted to enjoy a Rum Runner drive-through? This laid-back, down-to-earth spot has a vibe that feels "Buffett-esque," if you know what I mean.
Looking ahead, there's the potential for a Brightline high-speed train station nearby by 2028, which would mean just a 90-minute ride to Miami or Orlando, avoiding traffic. There is local airport in Ft. Pierce, as well international airports in Vero Beach and West Palm next door.
This property is perfect candidate for a 1031 exchange, a conversion to a triplex, or as a short-term rental for platforms like Airbnb, VRBO, or Expedia. Alternatively, one could live in one unit and rent out the other(s) to cover your mortgage.
Location
State FL
County St Lucie
Community Three Minutes To The Ocean Beach
Zoning HI MEDIUM
Interior
Cooling Central Air
Exterior
Water Access Yes
Water Access Desc Gulf/Ocean,Intracoastal Waterway
Building
Story 1
Foundation Slab
Lot Size Range 0 to less than 1/4
Structure Type Concrete
New Construction false
Others
Ownership Partnership
Acceptable Financing Cash, Conventional, Trade, Owner Financing
Listing Terms Cash, Conventional, Trade, Owner Financing
Special Listing Condition None
Learn More About LPT Realty
Holly Wolfer
Broker Associate | License ID: BL3328122
Broker Associate License ID: BL3328122