Bought with Masters Realty Associates
$975,000
$975,000
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8 Baths
4,600 SqFt
SOLD DATE : 09/15/2021
Key Details
Sold Price $975,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,600 sqft
Price per Sqft $211
Subdivision Riverside Heights
MLS Listing ID RX-10724142
Sold Date 09/15/21
Construction Status Resale
Year Built 1958
Annual Tax Amount $9,407
Tax Year 2020
Lot Size 0.830 Acres
Property Description
Excellent 8 unit apartment complex with an 8% cap rate. Property consists of 2 separate buildings, with 4 units in each building, on .under an acre of land. All units have 2 parking spaces. Property is zoned mixed use with ability to have both commercial and residential units. All units are tenant occupied. Jensen Beach is a fast growing area in South Florida. Property is located near the RIO Town Center and Marina. Great area for fishing and boating!
Location
State FL
County Martin
Area 3 - Jensen Beach/Stuart - North Of Roosevelt Br
Zoning Multifamily
Interior
Heating Window/Wall
Cooling Paddle Fans, Wall-Win A/C
Flooring Carpet, Terrazzo Floor, Tile
Fireplaces Type Smoke Detector
Exterior
Utilities Available Other
Roof Type Comp Shingle,Other
Building
Story 95.00
Foundation Block
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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