Fort Pierce, FL 34947,1215 HARTMAN RD
Fort Pierce, FL 34947,1215 HARTMAN RD
Fort Pierce, FL 34947,1215 HARTMAN RD
Fort Pierce, FL 34947,1215 HARTMAN RD
Fort Pierce, FL 34947,1215 HARTMAN RD
Fort Pierce, FL 34947,1215 HARTMAN RD
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$ 1,375,000
Est. payment | /mo

5,511 SqFt


$ 1,375,000
Est. payment | /mo

5,511 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,511 sqft

Price per Sqft $249

Subdivision Metes & Bounds

MLS Listing ID O6321649

Construction Status Completed

HOA Y/N No

Year Built 1970

Annual Tax Amount $13,585

Lot Size 0.960 Acres

Acres 0.96

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

One or more photo(s) has been virtually staged. Investor opportunity in the heart of Fort Pierce! 1215 Hartman is a mid-century, 11-unit concrete block community on nearly an acre. This stable asset features eight efficient 1BRs, a large 1BR with 2BR potential, and two oversized 2BR/1BA units easily reconfigurable as 3BRs each with a private courtyard. The exterior was just freshly painted, and a light renovation blueprint completed on Unit 6 is ready to scale. With tenants covering utilities and near 100% occupancy for 3+ years, new ownership can achieve 8%+ returns through rent growth and chargebacks. Minutes from beaches, parks, and downtown, 1215 Hartman offers lifestyle appeal and strong cash flow. Highlights: 3+ years near-full occupancy Freshly painted exterior Renovation-ready template in place Tenant-paid utilities & RUBS potential Reconfigurable floor plans for added value Central location near I-95 and beaches 8%+ projected CAP rate Private courtyards in large units

Location

State FL

County St Lucie

Community Metes & Bounds

Area 34947 - Fort Pierce

Zoning RM-9 COUNT

Interior

Cooling Wall/Window Unit(s)

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Structure Type Block

New Construction false

Construction Status Completed

Others

Ownership Other

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

Virtual Tour https://youtu.be/n88pmnm42AQ?si=hKtz8oHNsyMbtgHG

Stellar MLS
Listed by DENOVO REALTY

LISTINGS

Representing a Bespoke Collection of Austin’s Finest Properties.

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