$380,000
SOLD MAY 14, 2025

1016 Chipola Rd Fort Pierce, FL 34950

Downtown Fort Pierce Neighborhood
-- Bed
-- Bath
1,753 Sq Ft
7,680 Sq Ft Lot

Recently Sold

$217 Per Sq Ft

12% Below List Price

66 Days on Market

Highlights

  • Room in yard for a pool
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wrap Around Porch
  • Open Patio
  • Fenced

About This Home

As of May 2025

A fantastic investment opportunity in Fort Pierce! This duplex features two fully rented units, generating immediate rental income. Recent updates include a new roof (2020), renovated floors, brand-new appliances, a new washer and dryer, and a new AC. The units share a washer and dryer, providing added convenience for tenants. With modern upgrades and reliable tenants in place, this turnkey property is a great addition to any investor's portfolio. Don't miss out on this incredible opportunity!

Last Agent to Sell the Property

Pamella Queiroga

Compass Florida, LLC License #3359216 Listed on: 03/09/2025

Compass Florida, LLC

Last Buyer's Agent

Kristen Bragoli

Keller Williams Realty Of The Treasure Coast License #3415728

Keller Williams Realty Of The Treasure Coast

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,131

Year Built

  • Built in 1954

Lot Details

  • 7,680 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Built-Up Roof

Interior Spaces

  • 1,753 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Outdoor Features

  • Room in yard for a pool
  • Open Patio
  • Wrap Around Porch

Schools

  • St. Lucie Elementary School
  • Dan Mccarty Middle School
  • Fort Pierce Westwood Academy High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 241560104400001

Community Details

Overview

  • 2 Units
  • Pinewood Subdivision

Building Details

  • Operating Expense $5,799
  • Net Operating Income $30,021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,131

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1954
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Laminate
  • Living Area: 1753.0

Exterior Features

  • Exterior Features: Fence, Porch, Room For Pool
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch, Wrap Around
  • Property Condition: Resale
  • Roof: Built-Up

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: St. Lucie
  • High School: Fort Pierce Westwood Academy
  • Middle Or Junior School: Dan Mccarty

Lot Info

  • Parcel #: 241560104400001
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 7680.0
  • Zoning Description: Medium
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 30021.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 5799.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5131.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2025
Closed on
May 7, 2025
Sold by
Drake Crossing Llc
Bought by
Colon Yesenia
Seller's Agent
Pamella Queiroga
Compass Florida, LLC
Buyer's Agent
Kristen Bragoli
Keller Williams Realty Of The Treasure Coast
List Price
$430,000
Sold Price
$380,000
Premium/Discount to List
-$50,000
-11.63%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.49%
Original Mortgage
$361,000
Outstanding Balance
$360,682
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$1,176

Purchase Details

Listed on
May 5, 2021
Closed on
Apr 23, 2021
Sold by
Delica Roossely and Delica Jnelle
Bought by
Drake Crossing Llc
Seller's Agent
Venessa Brown
Selling Sunset Realty LLC
Buyer's Agent
Aundrea Hair
Elite Realty Partners, Inc.
Sold Price
$825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%
Original Mortgage
$153,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2019
Closed on
Dec 30, 2019
Sold by
Ebner David T
Bought by
Stonewall Home Development Llc
Seller's Agent
Joanne Kaiser
Watson Realty Corp
Buyer's Agent
Nicholas Gentile
Gentile Property Group, LLC
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.70%
Original Mortgage
$100,000
Interest Rate
3.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 31, 2003
Sold by
Ebner Claudia E
Bought by
Ebner David T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,350
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $380,000 Patch Reef Title
Quit Claim Deed -- Attorney
Warranty Deed $205,000 Attorney
Warranty Deed $155,000 Liberty Ttl Co Of America In
Warranty Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $361,000 New Conventional
Previous Owner $153,750 New Conventional
Previous Owner $100,000 Balloon
Previous Owner $105,700 Unknown
Previous Owner $51,350 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Rent $2,500 0.0% --
05/14/2025 05/14/25 Sold $380,000 -11.6% $217 / Sq Ft
03/09/2025 03/09/25 For Sale $430,000 0.0% $245 / Sq Ft
05/16/2022 05/16/22 Rented $1,650 +3.1% --
04/16/2022 04/16/22 Under Contract -- -- --
04/14/2022 04/14/22 For Rent $1,600 +93.9% --
05/05/2021 05/05/21 For Rent $825 0.0% --
05/05/2021 05/05/21 Rented $825 0.0% --
04/23/2021 04/23/21 Sold $205,000 +2.5% $117 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
12/14/2020 12/14/20 For Sale $200,000 +33.3% $114 / Sq Ft
12/30/2019 12/30/19 Sold $150,000 -6.2% $86 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $159,900 -- $91 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,899 $209,100 $66,700 $142,400
2023 $4,899 $201,900 $57,400 $144,500
2022 $4,455 $178,300 $53,400 $124,900
2021 $3,208 $123,800 $34,900 $88,900
2020 $3,160 $120,100 $16,700 $103,400
2019 $1,418 $76,600 $14,100 $62,500
2018 $1,209 $67,000 $11,300 $55,700
2017 $1,017 $44,900 $10,200 $34,700
2016 $876 $32,100 $5,400 $26,700
2015 $812 $29,000 $5,400 $23,600
2014 $757 $27,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kristen Bragoli

    Keller Williams Realty Of The Treasure Coast

    (772) 777-9343

    1 in this area

    4 Total Sales

    Kristen Bragoli
    Section Image
  • Pamella Queiroga

    Seller's Agent in 2025

    Pamella Queiroga

    Compass Florida, LLC

    (732) 207-4502

    1 in this area

    16 Total Sales

    Pamella Queiroga
    Section Image
  • Venessa Brown

    Seller's Agent in 2022

    Venessa Brown

    Selling Sunset Realty LLC

    (954) 415-0734

    10 in this area

    127 Total Sales

    Venessa Brown
    Section Image

  • H

    Buyer's Agent in 2022

    Halle Conquest

    Equity Florida Treasure Coast LLC

    (772) 251-9976

    3 Total Sales

    Halle Conquest
    Section Image
  • Nicholas Gentile

    Seller's Agent in 2021

    Nicholas Gentile

    Gentile Property Group, LLC

    (772) 353-6632

    12 in this area

    159 Total Sales

    Nicholas Gentile
    Section Image

  • L

    Seller Co-Listing Agent in 2021

    Laura Krecic

    Real Broker, LLC

    (772) 618-5235

    1 in this area

    303 Total Sales

    Laura Krecic
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11069596

BeachesMLS

APN: 24-15-601-0440-0001

Florida St Lucie County Fort Pierce 34950 Downtown Fort Pierce

1016 Chipola Rd, Fort Pierce, FL

This home is located at 1016 Chipola Rd, Fort Pierce, FL 34950 and is currently priced at $380,000, approximately $216 per square foot. This property was built in 1954. 1016 Chipola Rd is a home located in St. Lucie County with nearby schools including St. Lucie Elementary School, Lawnwood Elementary School, and Chester A. Moore Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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