1606 Avenue H, Fort Pierce, FL 34950

SingleFamilyResidence · Active

$129,900

1606 Avenue H, Fort Pierce, FL 34950 — MLS photo

Miami Foreclosures & Bank-Owned Properties

1606 Avenue H, Fort Pierce, FL 34950

Bedrooms
2
Bathrooms
1
Interior
914 sq ft
Price / sq ft
$142/sq ft
Built
1962
Lot
6,960 sq ft

The residence

Bring your vision to this high-potential investment opportunity at 1606 Avenue H. While the current 2-bedroom home requires a full renovation, the oversized 6,960 sq. ft. lot offers rare depth and space for expansion or a complete rebuild. The solid concrete block construction provides a sturdy foundation for your next project. Ideally located in the heart of Fort Pierce, you are less than 10 minutes from the vibrant Downtown waterfront, city marina, and pristine South Causeway beaches. Nature lovers will appreciate the quick access to Savannas Recreation Area and the Fort Pierce Inlet State Park. With no HOA restrictions, this property is perfect for an investor looking to capitalize on the growing Treasure Coast market. This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period.

Property location

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1606 Avenue H, Fort Pierce, FL 34950

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
914 sq ft
Flooring
Other
Appliances
Electric Water Heater
Cooling
Wall Window Units
Heating
Electric
Interior features
Tub Shower
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1962
Stories
1
Lot size
6,960 sq ft
Roof
Composition, Shingle
Construction
Stucco
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Pets allowed
No
Annual tax
$1,774
Subdivision
HILLCREST SUBDIVISION
County
St Lucie
Days on market
215
MLS listing ID
B26011082
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$938

Cap rate
14.4%
Net yield
14.4%
Cash-on-cash return
31.0%
Gross yield
18.5%
Mortgage payment
$616/mo
Down payment
$32,475
Loan amount
$97,425
Annual NOI
$18,648

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

Get More Info About This Property

1606 Avenue H, Fort Pierce, FL 34950