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518 N 23rd St Fort Pierce, FL 34950
518 N 23rd St Fort Pierce, FL 34950
$124,990 - Single Family
1,560 sq ft 4 Bedrooms 2 Bathrooms 1954 Year Built

Additional Details

  • Ideal Investment Strategy: Rental/Resale
  • Potential ARV: $210,000/$215,000
  • Estimated Rehab: $35,000/$40,000
  • Comparable Rent: $2,100
  • Construction: CBS
  • Occupancy: Call your Agent
  • Comp 1: 2108 Avenue G (5/2, 1906 sq ft) -- SOLD 2/22 @ $237,000 (Updated)
  • Comp 2: 308 S 24th St - 3/2 - 1464 sq ft - Outdated - June 2022 - Sold @ $185,000
  • Comp 3: 435 N 11th St - 3/1 - 1032 sq ft - Completely Updated - June 2022 - Sold @ $199,990
  • Comp 4: 1011 N 16th St - Duplex - 6/2 - 1550 sq ft - Updated - February 2022 - Sold @ $215,000
  • Rehab Description: This property requires a full rehab for both units. Replace the roof, remodel both kitchens, remodel the bathrooms, replace the floors, apply fresh paint inside and out, repair drywall, install central a/c, and install landscaping.
  • Features: Fort Pierce Special! This CBS property features 2 units under one roof to make for additional rental income! This home has tons of potential and is waiting for your personal touches to maximize rent. Located near Treasure Coast International Airport, Harbour Pointe Park, and Downtown Fort Pierce.
  • Important Details: MTM Tenants (Rented at a 10% CAP) - Split into 2 units: 2/1 - $800/mo in rent and 2/1 - $700/mo in rent
  • Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab