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1223 Weatherbee, Fort Pierce, FL 34982

Commercial Recently Sold
$850,000

BTC: 28.33333333

ETH: 425.00000000

Sold on: 2018-04-20
14 days
0 room(s)
9,500 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1981
Lot:
No Data
Heating:
No Data
Price/sqft:
$94
Cooling:
No Data
HOA:
No Data
All facts and features
  • Other Property Information

    • Parcel Number: 340261100020003

    • Zoning: R2

  • Type and style

    • Property Type: Commercial Sale

  • Other financial information

    • Annual tax amount: $9,187

  • Source details

    • MLS ID: RX-10408667

    Other facts

    • Direction Faces: One mile east of US 1 on Weatherbee Rd--half mile north of Midway Rd-DO NOT drive into-or access or walk about the units *Drive by via Weatherbee and Silver Oak only-Call Listing Agent !

    • Garage: Yes

    • Living Area: 9500

    • Subdivision Name: WEATHERBEE VILLAS, A CONDOMINIUM

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Beaches MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Paradise