$249,900

1507 Avenue I Fort Pierce, FL 34950

Estimated payment $1,577/month

Total Views 67
-- Bed
-- Bath
2,020 Sq Ft
$124 Price per Sq Ft

Highlights

  • Water Views
  • Cooling System Mounted To A Wall/Window
  • No Heating

About This Home

Attention investors! This income-producing duplex offers immediate cash flow with a combined rental income of approximately $1,800/month. While the property is in need of significant repairs and updates, it presents a great value-add opportunity for those looking to renovate and maximize returns. Both units are currently tenant-occupied, ensuring instant income from day one.This property is ideal for the experienced investor who can unlock its full potential. Whether you choose to hold as a rental, renovate for increased income, or reposition for resale, the possibilities are here.

Listing Agent

Michael Johnston

ARGO Real Estate License #3034005 Listed on: 08/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,596

Year Built

  • Built in 1910

Lot Details

  • 6,960 Sq Ft Lot

Home Design

  • Duplex
  • Fixer Upper
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,020 Sq Ft Home
  • 1-Story Property
  • Water Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • 2 Units
  • Hillcrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 240481500040006
  • Seller Considering Concessions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,596

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: 25th Street North, Right on Avenue I, Property on Right
  • Year Built: 1910
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 2020.0

Exterior Features

  • Exterior Features: None
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame
  • Property Condition: Resale, Fixer
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 240481500040006
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 6960.0
  • Zoning Description: Medium

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2596.0

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $249,900 +278.6% $124 / Sq Ft
02/02/2018 02/02/18 Sold $66,000 +1.7% $33 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $64,900 -- $32 / Sq Ft
Source: BeachesMLS

Similar Homes in Fort Pierce, FL

  • 1439 Captains Walk Unit 20D, Fort Pierce, FL 34950

    $195,000

    • 2 Beds
    • 2 Baths
    • 1,280 Sq Ft
    • 1439 Captains Walk
    • Unit 20D
    • Fort Pierce, FL

    Fully Remodeled 2-Bedroom, 2-Bath Villa – Minutes from Blue Heron Beach! Location: Villages of Longwood, Fort Pierce – just minutes from Blue Heron Beach, Downtown, A1A/Ocean Drive & Jetty Park! Upgrades You'll Love: Brand-New Flooring throughout New Kitchen Cabinets with sleek Quartz Countertops All-New Stainless Steel Appliances Fully Remodeled Bathrooms with modern cabinetry & fixtures Walking

    yusilet rodriguez Nations Best Realty, Inc.

    Section Image

Source: BeachesMLS

MLS Number: R11116043

BeachesMLS

APN: 2404-815-0004-000-6