1016 Chipola Rd

2
Baths
1,753 Sq. Ft.
$217 / Sq. Ft.
1,753
Sq. Ft.
$217
per Sq. Ft.

Description

A fantastic investment opportunity in Fort Pierce! This duplex features two fully rented units, generating immediate rental income. Recent updates include a new roof (2020), renovated floors, brand-new appliances, a new washer and dryer, and a new AC. The units share a washer and dryer, providing added convenience for tenants. With modern upgrades and reliable tenants in place, this turnkey property is a great addition to any investor's portfolio. Don't miss out on this incredible opportunity!A fantastic investment opportunity in Fort Pierce! This duplex features two fully rented units, generating immediate rental income. Recent updates include a new roof (2020), renovated floors, brand-new appliances, a new washer and dryer, and a new AC. The units share a washer and dryer, providing added convenience for tenants. With modern upgrades and reliable tenants in place, this turnkey property is a great addition to any investor's portfolio. Don't miss out on this incredible opportunity!
  1. Listed by Pamella Queiroga • Brokerage DRE #2033070 • Compass Florida, LLC
    P: (305)-315-2396 C: (732)-207-4502 pamella.queiroga@elliman.com

Property Details for 1016 Chipola Road

Furnished
Unfurnished
Waterfront Details
None
Waterfront
No
Style
No Pool/No Water
Year Built Numeric
1954
Design
Duplex
Subdivision
PINEWOOD SUBDIVISION
LISTING UPDATED: 05/23/2026 07:07 AM

Property Details for 1016 Chipola Road

StatusClosed
MLS #R11069596
Days on Market37
Taxes$5,131 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1954
Lot Size0.18 AC / 7,840 SF
CountySt. Lucie County

Location

Listing Courtesy of Compass Florida, LLC

Sold By Keller Williams Realty Of The Treasure Coast

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Building Information for 1016 Chipola Road

Stories1Residences-Year Built1954Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$2,321 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,894

Property Taxes

$428

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1016 Chipola Road

Summary
Location and General Information
  • Area: 7030
  • City and Location Text: Fort Pierce
  • County Land Code: St. Lucie County
  • County Or Parish: St. Lucie County
  • Geo Lat: 27.433544
  • Information Available: Copy Of Lease(s)
  • MLS Area: 7030
  • MLS Sub Area: SL08, St Lucie County 7030; 7040; 7050
  • Postal Code: 34950
  • State: FL
  • Street #: 1016
  • Subdivision Complex Bldg: PINEWOOD SUBDIVISION
  • Complex Name: PINEWOOD SUBDIVISION
  • Water Access: None
  • Zoning: Medium
Taxes and HOA Information
  • Association Fee: $0
  • HOPA: No HOPA
  • Legal Desc: PINEWOOD S/D BLK 28 LOT 14 (UNREC INDENTURE DATED 12-30-92)
  • Parcel ID: 241560104400001
  • Tax Information: City/County
  • Tax Year: 2024
School Information
  • Elementary School: Weatherbee
  • High School: Fort Pierce Westwood Academy
  • Middle School: Dan Mccarty
  • Senior High School: Fort Pierce Westwood Academy
Property
Lot Information
  • Acreage Description: Less Than 1/4 Acre Lot
  • Acres: 0.18
  • Approx Sqft Total Area: 1753
  • Lot Description: Room for Pool
  • Property Condition: Resale
  • Sq Ft: 1753
  • Sq Ft Liv Area: 1753.0
  • Sq Ft Total: 1,753
  • Type of Building: Duplex
  • Property Type: Residential Income, Duplex
Property and Assessments
  • Avail Docs: Copy Of Lease(s)
  • Construction Type: Duplex, Built-Up, Resale, Block, CBS
  • Document Count: 0
  • Legal Description: PINEWOOD S/D BLK 28 LOT 14 (UNREC INDENTURE DATED 12-30-92)
  • Type: Duplex
  • Year Built Description: 1954
Utilities
  • Cable Available: Yes
  • Electric Service: Three Phase
  • On Site Utilities: Cable Available, Water Available
  • Separate Elec Meters: No
  • Separate Meter: No
  • Separate Wtr Meters: No
  • Utilities: Cable Available, Water Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: Yes
  • Construction: Block, CBS
  • Gated Community YN: No
  • Guest Accommodations: No
  • Private Pool: No
  • Roof: Built-Up
  • Roof Description: Built-Up
  • Structure Type: Duplex
  • Subdiv Amenities: None
  • Patio And Porch Features: Porch, Porch - Wrap Around, Porch - Open
  • Fencing: Fenced
  • Storm Protection Details: None
Interior Features
  • Baths Total: 2
  • Column Description: Block, CBS
  • Cooling: Central Air, Wall/Window Unit(s)
  • Flooring: Laminate
  • Heating: Central, Window/Wall
  • Heating Description: Central, Window/Wall
  • Num Floors: 1
  • Numof Units: 2
  • PatioFeatures: Porch
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 2
Income & Expenses
  • Income & Expenses: Annual Net Oper Inc: $30,021.00
  • Income & Expenses: Annual Total Expense: $5,799.00
  • Income & Expenses: Gross Operating Inc: $35,820.00
  • Exp Incl Pool Service: No
  • Expense Amount: $5,799
  • Gross Operating Income: $30,021
  • Gross Rent Income: $35,820
  • Monthly Income: $35,820
  • Source of Expenses: Owner Provided
Unit Information
Unit 1
  • Appliances: Refrigerator, Range, Dishwasher, Microwave
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s)
  • Parking Features: Open Parking
  • Lease Expiration: 04-30-2025
  • Rooms: Kitchen
  • Actual Rent: $1,785.00
  • Baths Full: 1
  • Beds Total: 3
  • Furnished: Unfurnished
  • SqFt: 1100.0
Unit 2
  • Appliances: Range, Refrigerator, Microwave
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s)
  • Parking Features: Open Parking
  • Lease Expiration: 08-31-2025
  • Rooms: Kitchen
  • Actual Rent: $1,200.00
  • Baths Full: 1
  • Beds Total: 1
  • Furnished: Unfurnished
  • SqFt: 654.0
Rental
Rental Information
  • DXORIGMLNO: RML
  • Pets on Premises: No
  • Pets On Premises YN: No
  • Possession Information: Close Of Escrow, Negotiable
  • Rental Price/SqFt: $245.29
  • Tenant Pays: Cable TV, Electricity, Water

Property History for 1016 Chipola Road

DateEvent & SourcePriceAppreciation
May 14, 2025

Sold

Beaches MLS #R11069596

$380,000
May 7, 2025

Sold (Public Record)

Public Record #1558250884

$380,000

+16.5% / yr

Apr 15, 2025

Pending

Beaches MLS #R11069596

DateEvent & SourcePrice
05/14/2025

Sold

Beaches MLS #R11069596

$380,000
05/07/2025

Sold (Public Record)

Public Record #1558250884

$380,000

+16.5% / yr

04/15/2025

Pending

Beaches MLS #R11069596

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1016 Chipola Road

Taxable ValueLand-Additions-Total-
Tax Record2024$5,131 ($428 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,765 SqFtAbove Grade Finished SqFt1,765 SqFtStories1Lot Size7,680 SqFtStyleSingle Family ResidenceYear Built1954ZoningMEDIUM DENCountyST. LUCIEAPN2415-601-0440-000-1

Schools near 1016 Chipola Road

This home is within St. Lucie.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Lawnwood Elementary School
PublicPK to 5

Weatherbee Elementary School
PublicPK to 5

White City Elementary School
PublicPK to 5

St. Lucie Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass Florida, LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.