Multifamily (5+ units) For Rent
404 N 23rd Street, Fort Pierce, FL 34950
Invest in this rare 6-unit property in Fort Pierce and secure a robust stream of passive income! Each unit, currently rented at or near full market value, offers 2 bedrooms and 1 bathroom. With separate power and water services, and a roof replaced in 2020, this is a low-maintenance investment. Perfectly positioned between Orlando and Miami on the East Coast, Fort Pierce is a strategic investment locale. With projects like King’s Landing, Fisherman’s Wharf, and Boardwalk on the Inlet underway, the area is poised for growth. Once upcoming rent increases take effect, you’re looking at an attractive 8% Cap rate. Don’t miss out on this excellent opportunity!
| Property Type | Multifamily (5+ units) |
| Status | Active |
| Listing ID | RX-10949080 |
| Year Built | 1984 |
| Lot Area | 0.61 |
- Nadereh Rezaie, PA
- Broker Associate | Realtor© | PSA© | CIPS©
- 561.660.1948
-
Nadereh (Nana) Rezaie, P.A. Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™
Nana Rezaie 561-660-1948
Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.
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