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1223 E Weatherbee RD Fort Pierce, FL 34982
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Key Details
Sold Price $850,000
Property Type Other Types
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 9,500 sqft
Price per Sqft $89
Subdivision Weatherbee Villas, A Condominium
MLS Listing ID RX-10408667
Sold Date 04/20/18
Construction Status Resale
Year Built 1981
Annual Tax Amount $9,187
Tax Year 2017
Lot Size 1.250 Acres
Property Description
Back up offers at $895,000.Income Investment Opportunity 12 Condo Units set up as a 55 plus Community* Excellent occupancy record due to growing demand for over 55 housing. Over 9% Cap based on actual income and expenses. 9.9% cap based on proforma Income.*This Property also has conditional use approval for a 20 Bed-Assisted Living Facility(architectural plans approved) * Completely rebuild from foundation and Walls up-in 2007 * CBS Construction. *10-Two Bedroom Units 2- One Bedroom units *Large screened patios, storage rooms with individual laundry rooms, and private rear yards * City Water.(See attached supplement and documents tab for additional information)
Location
State FL
County St. Lucie
Area 7100
Zoning R2
Interior
Heating Central, Electric
Cooling Central, Electric
Flooring Carpet, Ceramic Tile, Other
Fireplaces Type Smoke Detector
Exterior
Utilities Available Municipal Water, Public Water, Septic
Roof Type Fiberglass
Building
Story 100.00
Foundation CBS
Construction Status Resale
Others
HOA Fee Include Lawn Care,Maintenance-Exterior
Security Features Security Light
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095