NOT LISTED FOR SALE

1311 Emerald Terrace Fort Pierce, FL 34950

-- Bed
-- Bath
2,768 Sq Ft
10,725 Sq Ft Lot

Last Sold March 18, 2024

Last sale price $575,000 $208 Per Sq Ft

80 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Fenced
  • Tile Flooring

About This Home

As of March 2024

Incredibly unique multifamily property with 4 UNITS! Consisting of two spacious apartments (2 beds/1 bath each) and two (1 bed/1 bath each) studio apartments. Custom built in 2009 with a modern open living space. Fully equipped with 2 laundry rooms, concrete block construction, private parking, full impact windows and tile floors throughout. This lot is deep and has ample room for cars, boats and trailers. No HOA, no restrictions. Located in a desirable area within the growing city of Ft. Pierce. With no differed maintenance rental rates could be increased. All units are currently occupied, 2 are leased, 2 are month to month This well-built Quadplex is a great investment opportunity for investors seeking immediate cash flow!

Last Agent to Sell the Property

Trenton Harris

Atlantic Shores ERA Powered License #3302079 Listed on: 12/19/2023

Atlantic Shores ERA Powered

Last Buyer's Agent

Annabelle Vazquez-Lopez

Atlantic Florida Properties Inc License #3466520

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,164

Year Built

  • Built in 2009

Lot Details

  • 10,725 Sq Ft Lot
  • Lot Dimensions are 75x140
  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,768 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

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 240982000200005

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $2,400
  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,164

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: US-1 North to Virginia Ave, turn left go east. Right on 13th st going north to Emerald Ave, turn left.
  • Year Built: 2009
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 2768.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 240982000200005
  • Lot Size: 75x140
  • Lot Size Sq Ft: 10725.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 54000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 2400.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6164.0

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $575,000 -3.4% $208 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
12/19/2023 12/19/23 For Sale $595,000 -- $215 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Trenton Harris

    Seller's Agent in 2024

    Trenton Harris

    Atlantic Shores ERA Powered

    (772) 284-4804

    4 in this area

    24 Total Sales

    Trenton Harris
    Section Image
  • Annabelle Vazquez-Lopez

    Buyer's Agent in 2024

    Annabelle Vazquez-Lopez

    Atlantic Florida Properties Inc

    (561) 284-5530

    1 in this area

    6 Total Sales

    Annabelle Vazquez-Lopez
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10944165

BeachesMLS
Florida St Lucie County Fort Pierce 34950

1311 Emerald Terrace, Fort Pierce, FL

Not Listed for Sale

MultiFamily

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