947 Fra-Mar Place

Fort Pierce, FL 34982

$1,000,000
Price
Beds
3,070 Sq. Ft.
$326 / Sq. Ft.
3,070
Sq. Ft.
$326
per Sq. Ft.

Description

Great investment opportunity in upcoming Fort Pierce area. 4 2/1's. All 4 units are occupied. Gross Rent $6650. All units have security deposits with leases ending between August and December 2024. Long term tenants all would stay. Each unit has their own water & electric meter. As of 2022, completely new plumbing from street meter to faucets. All new water heaters, 2 AC's new in 2022, 2 others new in 2019. All new windows with accordion shutters, new doors. All units remodeled with tiled flooring,...Great investment opportunity in upcoming Fort Pierce area. 4 2/1's. All 4 units are occupied. Gross Rent $6650. All units have security deposits with leases ending between August and December 2024. Long term tenants all would stay. Each unit has their own water & electric meter. As of 2022, completely new plumbing from street meter to faucets. All new water heaters, 2 AC's new in 2022, 2 others new in 2019. All new windows with accordion shutters, new doors. All units remodeled with tiled flooring, new appliances including washer & dryer. Aluminum roof is original, completely treated & resealed in 2022, almost as new again. Fenced common back yard with private fence dividers between units. Eight parking spots with two assigned per unit. Fifth electric meter for building, powers well sprin
  1. Listed by Jean David Cidel • RE/MAX Masterpiece Realty

Property Details for 947 Fra-Mar Place

Subdivision
WAGNER SUBDIVISION
Waterfront
No
Waterfront Details
None
Style
No Pool/No Water

Location

Listing Courtesy of RE/MAX Masterpiece Realty
Add your commute
LISTING UPDATED: 02/26/2024 08:34 PM

Property Details for 947 Fra-Mar Place

StatusActive
MLS #RX-10951533
Days on Market100
Taxes$7,130 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1976
Lot Size0.34 AC / 14,810 SF
CountySt. Lucie County

Location

Listing Courtesy of RE/MAX Masterpiece Realty
Add your commute

Building Information for 947 Fra-Mar Place

Stories1Residences4Year Built1976Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

$6,052 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$594

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 947 Fra-Mar Place

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: From US1 to W on Midway Rd, N on Oleander Blvd, E on Fra Mar Place.
  • Geo Area: St Lucie County 7130; 7140; 7370
  • Special Info: Sold As-Is, Survey
  • Street Number: 947
  • Subdivision Complex Bldg: WAGNER SUBDIVISION
  • Municipal Code: Fort Pierce
  • State: FL
  • City Postal ID: 34982
  • MLS Area: 7140
  • MLS Sub Area: SL05
Parking
  • Carport Spaces: 8
Taxes and HOA Information
  • Comm/Trans Brk: 2.5%
  • HOPA: No Hopa
  • Tax Year: 2023
  • Maintenance Fee Incl: Common Areas, Lawn Care, Parking, Sewer, Trash Removal
Property
Lot Information
  • Area: 7140
  • HOA Amenities: None
  • Lot Description: 1/4 to 1/2 Acre, West of US-1
  • Lot Dimensions: 125' X 120'
  • Parcel ID: 242770200080008
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 3,742
  • Square Ft Source: Tax Rolls
  • Zoning: RM-11-
Property and Assessments
  • Legal Desc: WAGNER S/D BLK 1 LOTS 8 AND 9
  • Sq Ft Liv Area: 3070.0
  • Legal Description: WAGNER S/D BLK 1 LOTS 8 AND 9
Utilities
  • Utilities: Cable, Electric, Public Water, Septic
Interior and Exterior Features
Exterior Features
  • Construction: Concrete Block Construction, Concrete Block With Brick, Cbs Construction
  • Exterior Features: Auto Sprinkler, Fence, Open Patio, Shed, Shutters, Well Sprinkler, Zoned Sprinkler
  • Private Pool: No
  • Storm Protection: Accordion Shutters: Complete
  • Subdiv Amenities: None
  • Gated Community YN: No
  • Structure Type: Quadruplex
Interior Features
  • Roof: Aluminum
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Ceiling Fan, Central Individual, Electric
  • Flooring: Ceramic Tile
  • Heating: Central, Central Individual, Electric
  • Window Treatments: Blinds
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $68,122.00
  • Income & Expenses: Annual Total Expense: $11,078.00
  • Income & Expenses: Gross Operating Inc: $79,200.00
  • Tenant Pays: Cable, Electric, Water
Unit 1
  • Unit 1 Desc: A/C Unit, Dryer, Electric Meter, Kitchen, Laundry, Microwave, Patio, Range - Electric, Refrigerator, Smoke Detector, Split Bedrooms, Utility, W/D Hookup, Washer, Window Cover
  • Unit 1 Info: Bedrooms: 2
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Lease Ends: 12-31-2024
  • Unit 1 Info: Monthly Income: 1,650
  • Unit 1 Info: SqFt: 768.0
  • Unit 1 Parking: Open Parking, Space Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Dryer, Electric Meter, Kitchen, Laundry, Microwave, Patio, Range - Electric, Refrigerator, Smoke Detector, Split Bedrooms, Utility, W/D Hookup, Washer, Window Cover
  • Unit 2 Info: Bedrooms: 2
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Lease Ends: 11-30-2024
  • Unit 2 Info: Monthly Income: $1,650
  • Unit 2 Info: SqFt: 768.0
  • Unit 2 Parking: Open Parking, Space Parking
Unit 3
  • Unit 3 Desc: A/C Unit, Dryer, Electric Meter, Kitchen, Laundry, Microwave, Patio, Range - Electric, Refrigerator, Smoke Detector, Split Bedrooms, Utility, W/D Hookup, Washer, Window Cover
  • Unit 3 Info: Bedrooms: 2
  • Unit 3 Info: Full Bath: 1
  • Unit 3 Info: Furnished: No
  • Unit 3 Info: Lease Ends: 08-31-2024
  • Unit 3 Info: Monthly Income: $1,650.00
  • Unit 3 Info: SqFt: 768.0
  • Unit 3 Parking: Open Parking, Space Parking
Unit 4
  • Unit 4 Desc: A/C Unit, Dryer, Electric Meter, Kitchen, Laundry, Microwave, Patio, Range - Electric, Refrigerator, Smoke Detector, Split Bedrooms, Utility, W/D Hookup, Washer, Window Cover
  • Unit 4 Info: Bedrooms: 2
  • Unit 4 Info: Full Bath: 1
  • Unit 4 Info: Furnished: No
  • Unit 4 Info: Lease Ends: 08-31-2024
  • Unit 4 Info: Monthly Income: $1,650.00
  • Unit 4 Info: SqFt: 768.0
  • Unit 4 Parking: Open Parking, Space Parking
Rental
Rental Information
  • Pets on Premises: No

Property History for 947 Fra-Mar Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 947 Fra-Mar Place

Taxable ValueLand$81,500Additions$253,700Total$335,200
Tax Record2023$7,276 ($606 / month)
Home Facts
Baths4Total Finished SqFt3,070 SqFtAbove Grade Finished SqFt3,070 SqFtStories1Lot Size15,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1976ZoningRM-11 - COCountyST. LUCIEAPN2427-702-0008-000-8

Schools near 947 Fra-Mar Place

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
White City Elementary School
PublicPK to 5

St. Lucie Elementary School
PublicPK to 5

Lawnwood Elementary School
PublicPK to 5

Weatherbee 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

947 Fra-Mar Place is a multi-family home for sale in Fort Pierce, FL 34982. This property was listed for sale on January 18, 2024 by RE/MAX Masterpiece Realty, it's currently listed at $1,000,000. It has been on the market for a total of 100 days and was last sold on May 31, 2022. This listing's school district is St. Lucie. Nearby schools include White City Elementary School, St. Lucie Elementary School and Lawnwood Elementary School. 947 Fra-Mar Place is a 0-bed, 0-bath, 3,070 sqft multi-family home built in 1976.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Masterpiece Realty

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.