NOT LISTED FOR SALE
2 Beds
2 Baths
2,300 Sq Ft
0.29 Acres

Last Sold March 01, 2024

Last sale price $420,000 $183 Per Sq Ft

175 Days on Market

Highlights

  • Cooling Available
  • Laundry Facilities
  • Heating Available
  • Ceramic Tile Flooring

About This Home

As of March 2024

Income generating property featuring 2 duplexes on a corner lot in close proximity to downtown Fort Pierce, boat ramps, beaches and the inlet. These attractive units are a turnkey investment with unbeatable occupancy rates, tile floors throughout, CBS construction, newer metal roofs, mini split AC units. The sale of 311 Preston Ct. includes the vacant land 1206 Citrus ave See Broker remarks for Parcel ID The land can support an additional triplex/duplex

Last Agent to Sell the Property

Rick Bettencourt

Engel & Voelkers Vero Beach License #3531866 Listed on: 08/29/2023

Engel & Voelkers Vero Beach

Last Buyer's Agent

Rick Bettencourt

Engel & Voelkers Vero Beach License #3531866 Listed on: 08/29/2023

Engel & Voelkers Vero Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,634

Year Built

  • Built in 1948

Lot Details

  • 0.29

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Community Details

  • Home Place Sub Subdivision
  • Laundry Facilities
  • Net Operating Income $47,628

Listing and Financial Details

  • Total Actual Rent $3,969
  • Rent includes gardener
  • Assessor Parcel Number 240980800110001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,634

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: From US1 Head West on Delaware Ave, then Right (N) on Preston Ct. The property is on the corner of Preston Ct and Citrus Ave
  • Year Built: 1948
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Tile
  • Living Area: 2300.0

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block, Stucco
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener
  • Community Features: Non-Gated, Laundry Facilities

Lot Info

  • Parcel #: 240980800110001
  • Lot Size: 12765
  • Zoning Description: MED DEN

Multi Family

  • Property Net Operating Income: 47628.0
  • Number Of Units Total: 1
  • Total Actual Rent: 3969.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2634.0

Range of Values:

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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 Change Sq Ft Price
03/01/2024 03/01/24 Sold $420,000 -20.8% $183 / Sq Ft
10/07/2023 10/07/23 Price Changed $530,000 +9.3% $230 / Sq Ft
09/07/2023 09/07/23 For Sale $485,000 -- $211 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10397589

BeachesMLS (Greater Fort Lauderdale)

APN: 2409-808-0011-000-1