$1,895,000
$55K PRICE DROP

Estimated payment $11,301/month

Total Views 14,399
-- Bed
-- Bath
4,076 Sq Ft
$465 Price per Sq Ft

Highlights

  • Ocean View
  • Balcony
  • Walk-In Closet
  • Covered Patio or Porch
  • Crown Molding
  • Tile Flooring

About This Home

Fully renovated quadplex just one block from the beach on South Hutchinson Island. This turnkey investment features four upgraded units with modern finishes throughout, ideal for short- or long-term rentals. Unit mix includes one 2BR/2BA, two 2BR/1BA, and one 1BR/1BA. Prime island location near beach access, dining, and local attractions. Strong rental demand with upside for short-term rental income. Property currently vacant.

Listing Agent

John DiGirolomo

LPT Realty, LLC Brokerage Phone: 772-713-4204 License #3458838 Listed on: 01/15/2026

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,470

Year Built

  • Built in 1986

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Walk-In Closet
  • 4,076 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Sliding Doors
  • Ocean Views
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 240150300920002

Community Details

Overview

  • Self Managed Association
  • Fort Pierce Bch Subdivision

Building Details

  • 4 Separate Electric Meters
  • Operating Expense $18,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,470

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 0.21
  • Subdivision Name: Fort Pierce Bch
  • Directions: From Seaway Drive, turn right onto Hernando Street, property on the right.
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1986
  • Attribution Contact: 772-713-4204
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Commercial
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: Crown Molding, Kitchen Island, Walk-In Closet(s)
  • Living Area: 4076.0
  • Stories: 2

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Ocean
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame
  • Exterior Features: Balcony, Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Individual
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: Self-Managed

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 240150300920002
  • Zoning Description: Commercial,Residential

Multi Family

  • Annual Operating Expense: 18470.0
  • Number Of Separate Electric Meters: 4

Tax Info

  • Tax Annual Amount: 18470.0
  • Tax Lot: 8
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $15,560 $755,300 $340,500 $414,800
2024 $15,041 $706,500 $340,500 $366,000
2023 $15,041 $757,500 $312,200 $445,300
2022 $13,591 $659,000 $264,900 $394,100
2021 $11,888 $470,300 $118,200 $352,100
2020 $11,059 $438,700 $118,200 $320,500
2019 $10,376 $431,200 $118,200 $313,000
2018 $8,816 $345,100 $105,500 $239,600
2017 $6,304 $280,100 $92,300 $187,800
2016 $5,799 $254,800 $92,300 $162,500
2015 $5,076 $190,400 $85,700 $104,700
2014 $3,802 $145,400 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2026 02/06/26 Price Changed $1,895,000 -2.8% $465 / Sq Ft
01/15/2026 01/15/26 For Sale $1,950,000 +100.0% $478 / 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: REALTORS® Association of Indian River County

Source: REALTORS® Association of Indian River County

MLS Number: 294158

APN: 2401-503-0092-000-2

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