Contact
Tell us about your needs

331 HERNANDO ST Units 1-2-3

Commercial For Sale
$729,000

BTC: 10.10520783

ETH: 280.10881594

12 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:
$347
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

Similar Homes

2900 N HIGHWAY A1A UNIT 4C placeholder 2900 N HIGHWAY A1A UNIT 4C
1 days
For Sale
Condo/Co-op
$925,000
3 bds 2 ba 2,143 sqft
2900 N HIGHWAY A1A UNIT 4C
100 Shelley, Fort Pierce, FL 34949 placeholder 100 Shelley, Fort Pierce, FL 34949
1 days
For Sale
Townhouse
$575,000
2 bds 2 ba 1,482 sqft
100 Shelley, Fort Pierce, FL 34949
1919 Mimosa, Fort Pierce, FL 34949 placeholder 1919 Mimosa, Fort Pierce, FL 34949
1 days
For Sale
House
$649,500
3 bds 2 ba 1,764 sqft
1919 Mimosa, Fort Pierce, FL 34949
3870 Highway A1a, Hutchinson Island, FL 34949 placeholder 3870 Highway A1a, Hutchinson Island, FL 34949
2 days
For Sale
Condo/Co-op
$535,000
2 bds 2 ba 1,239 sqft
3870 Highway A1a, Hutchinson Island, FL 34949
1927 Cypress, Fort Pierce, FL 34949 placeholder 1927 Cypress, Fort Pierce, FL 34949
4 days
For Sale
House
$695,900
3 bds 2 ba 1,777 sqft
1927 Cypress, Fort Pierce, FL 34949
1626 Thumb Point, Fort Pierce, FL 34949 placeholder 1626 Thumb Point, Fort Pierce, FL 34949
6 days
For Sale
House
$799,000
4 bds 3 ba 2,564 sqft
1626 Thumb Point, Fort Pierce, FL 34949
2400 Ocean, Fort Pierce, FL 34950 placeholder 2400 Ocean, Fort Pierce, FL 34950
8 days
For Sale
Condo/Co-op
$520,000
2 bds 2 ba 1,517 sqft
2400 Ocean, Fort Pierce, FL 34950
331 HERNANDO ST UNITS 1-3 UNIT 1-3 placeholder 331 HERNANDO ST UNITS 1-3 UNIT 1-3
11 days
For Sale
Multi-family
$729,000
0 room(s) 2,102 sqft
331 HERNANDO ST UNITS 1-3 UNIT 1-3

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