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331 HERNANDO ST Units 1-2-3

Commercial For Sale
$728,000

BTC: 7.32026144

ETH: 212.86549708

-$1K (2024/11/12)
35 days
0 room(s)
2,102 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

The property is ideally located on the south side of the Fort Pierce Inlet and Jetty, while the north side features a state park. This versatile property can be configured as a duplex or triplex and is fully rented with fantastic tenants. A mere three-minute walk takes you to the public beach, and you're just five minutes from the jetty inlet and local restaurants. Looking ahead, there's the potential for a Brightline high-speed train station nearby by 2028, which would mean just a 90-minute ride to Miami or Orlando, avoiding traffic. There is local airport in Ft. Pierce, as well international airports in Vero Beach and West Palm next door. This property is perfect candidate for a 1031 exchange, a conversion to a triplex or single family home, or as a short-term rental for platforms like Airbnb or VRBO. Check out this walkthrough to the beach. Discover the best-kept secret of the Treasure Coast of Florida: South Hutchinson Island in Fort Pierce, near the inlet. The property is ideally located on the south side, while the north side features a state park, inlet, and jetty. This versatile property can be configured as a duplex or triplex and is fully rented with fantastic tenants. A mere three-minute walk takes you to the public beach, and you're just five minutes from the jetty inlet and local restaurants. Ever wanted to enjoy a Rum Runner drive-through? This laid-back, down-to-earth spot has a vibe that feels "Buffett-esque," if you know what I mean. Looking ahead, there's the potential for a Brightline high-speed train station nearby by 2028, which would mean just a 90-minute ride to Miami or Orlando, avoiding traffic. There is local airport in Ft. Pierce, as well international airports in Vero Beach and West Palm next door. This property is perfect candidate for a 1031 exchange, a conversion to a triplex, or as a short-term rental for platforms like Airbnb, VRBO, or Expedia. Alternatively, one could live in one unit and rent out the other(s) to cover your mortgage.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1957
Lot:
0.17 Acres
Heating:
No Data
Price/sqft:
$346
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

  • Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 240150101320009001

    • Zoning: HI MEDIUM

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Other financial information

    • Annual tax amount: $13,868

  • Source details

    • MLS ID: TB8312233

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Water Body Name: Atlantic Ocean Indian River

    • Living Area: 2102

    • Lot Size Dimensions: 60 x 125

    • Subdivision Name: THREE MINUTES TO THE OCEAN BEACH

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar 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: MIAMI WATERFRONT REALTY