$1,950,000
$45K PRICE DROP

Estimated payment $11,484/month

Total Views 8,096
-- Bed
-- Bath
3,836 Sq Ft
$508 Price per Sq Ft

Highlights

  • Ocean View
  • Screened Porch
  • Open Patio
  • Property has ocean access
  • Balcony
  • Central Heating and Cooling System

About This Home

741 Hernando Street presents a unique opportunity to acquire a fully renovated, turnkey multifamily asset located just one block from the Atlantic Ocean on South Hutchinson Island in Fort Pierce, Florida. This four-unit property has been meticulously upgraded to a high standard, offering investors immediate income stability with significant future upside through both long-term and short-term rental strategies. Four-unit configuration: (1) two-bedroom/two-bathroom, (2) two-bedroom/one bathroom units, and (1) one-bedroom/one-bathroom unit Comprehensive interior and exterior renovations, including modern finishes throughout. Enjoy an Irreplaceable island location with immediate access to beaches, dining, and recreational amenities.

Listing Agent

John DiGirolomo

LPT Realty, LLC License #3458838 Listed on: 10/05/2025

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,560

Year Built

  • Built in 1986

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,836 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Laminate Flooring
  • Ocean Views

Outdoor Features

  • Property has ocean access
  • Balcony
  • Open Patio

Additional Features

  • 9,221 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Ocean View Subdivision Re

Listing and Financial Details

  • Assessor Parcel Number 240150300920002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,560

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Turn right on Hernando, property on right.
  • Year Built: 1986
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Laminate
  • Living Area: 3836.0

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Ocean
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Balcony, Open, Patio, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Heating: Central, Other
  • Heating Yn: Yes
  • 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 #: 240150300920002
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 9221.0
  • Zoning Description: HIMedi

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 15560.0

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List 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 Prior Sale
11/26/2025 11/26/25 Price Changed $1,950,000 -2.3% $508 / Sq Ft
10/05/2025 10/05/25 For Sale $1,995,000 +104.6% $520 / Sq Ft
06/10/2024 06/10/24 Sold $975,000 -11.4% $311 / Sq Ft View Prior Sale
04/28/2024 04/28/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $1,100,000 +295.7% $351 / Sq Ft
05/02/2014 05/02/14 Sold $278,000 -7.0% $89 / Sq Ft View Prior Sale
04/02/2014 04/02/14 Pending -- -- --
10/01/2013 10/01/13 For Sale $299,000 -- $95 / Sq Ft
Source: BeachesMLS

Source: BeachesMLS

MLS Number: R11129725

BeachesMLS

APN: 2401-503-0092-000-2