511 TEXAS COURT, Fort Pierce, FL 34950

  • $574,999
  • $599,999
511 TEXAS COURT, Fort Pierce, FL 34950
Active
511 TEXAS COURT, Fort Pierce, FL 34950
511 TEXAS COURT, Fort Pierce, FL 34950
  • $574,999
  • $599,999

Overview

Property ID: HZTB8353000
  • Triplex, Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 3
  • Bathrooms
  • 1905
  • Year Built

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-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!

  • Address 511 TEXAS COURT
  • City Fort Pierce
  • State/county FL
  • Zip/Postal Code 34950

Details

Updated on February 21, 2025 at 6:00 pm
  • Property ID: HZTB8353000
  • Price: $574,999
  • Land Area: 0.21 Acres
  • Bedrooms: 8
  • Bathrooms: 3
  • Garage Size: x x
  • Year Built: 1905
  • Property Type: Triplex, Residential Income
  • Property Status: Active

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