511 TEXAS COURT

FORT PIERCE, FL 34950

<LAST PRICE REDUCTION> <HIGHEST & BEST BY 7/31/2025> Incredible Triplex Opportunity in Fort Pierce!! Don’t miss out on this fantastic opportunity to own a well-maintained triplex in a rapidly appreciating neighborhood in Fort Pierce! Perfect for both investors and owner-occupants, this property offers tremendous potential with below-market rents and the chance to increase rental income. With three separate buildings sitting on a massive lot, this property is ideal for those seeking space, privacy, and a solid income-generating investment. The triplex consists of three updated units, totaling 8 bedrooms and 3 bathrooms. Each unit has been meticulously maintained and features luxurious, durable tile flooring, including beautiful modern wood-style tile throughout. The units have open, functional layouts that offer a comfortable living experience for tenants, with kitchens that are as practical as they are stylish. One of the standout features of this property is the brand-new metal roofs on all three units—installed less than a year ago—providing peace of mind for years to come. Additionally, the units are separately metered for both water and electricity, and tenants are responsible for their own utilities, which is a huge benefit for investors looking for a hassle-free investment. The property has also had recent upgrades, including new re-piping for the water supply lines and replaced electrical boxes. Each unit has its own window AC unit for individual climate control. While the property has been well-kept, it still presents an opportunity for some cosmetic updates to increase its value even further. With current rents of $1,000 for a 3-bed, $900 for a 2-bed, and $1,250 for a 3-bed unit, the property generates $3,150 per month in rental income. TOTAL RENTS ARE INCREASING ON JUNE 1st AS FOLLOWS: 509A raises to $1,250/month, 509B raises to $1,150/month, and 511 raises to $1,500/month This property is ideal for investors looking to capitalize on a growing area or for an owner-occupant who wants to live in one unit while renting out the others. Located in a coveted neighborhood, with ample space for parking or storage, this triplex offers both value and opportunity. Easy to show—schedule your viewing today! <NO ASSIGNABLE CONTRACTS

Listing courtesy of RICHARD PETERS REALTY LLC 3053029806



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Last checked: 2025-07-30 09:31 AM EDT