518 N 2nd Street, Fort Pierce, FL 34950 — MLS photo

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518 N 2nd Street, Fort Pierce, FL 34950

Active · SingleFamilyResidence

$855,000

518 N 2nd Street, Fort Pierce, FL 34950

Beds
3
Baths
2
Living area
1,880 sq ft
$ / sq ft
$455/sq ft
Year built
1910
Lot size
10,000 sq ft
HOA fee
—
Annual tax
$14,815

About this property

Welcome to The Coral House, a rare opportunity to own a charming historic home built in 1910, located in the heart of Edgartown, Fort Pierce. Situated on 1&1/2 spacious lots, this fully furnished 2 story home offers a unique opportunity for living and Airbnb hosting. With 3 bedrooms, 2 baths, and a generous 1,880 SF of living space, The Coral House is a piece of history with modern comforts. The Coral House is not just a historic gem but also a rare opportunity to own a turnkey Airbnb business w guaranteed rental income .Everything you need to continue hosting guests is included, making it a hassle-free investment. Don't miss the chance to own a piece of history in the beautiful Edgartown neighborhood This historic downtown Fort Pierce home is a two story charmer w/2 bedrooms and 1 bath on the second floor and 1 huge bedroom & 1 bath downstairs. Each floor has its own electric meter.Bottom floor unit contain a kitchen & washer/dryer.Top floor unit comes with a kitchen, 2 bedroom,1 bath and a living room which could be a possible 3 rd bedroom..This is truly a unique piece of property, steps away from the Ft. Pierce Marina, Farmers Market, Sunrise Theatre, numerous restaurants, Sailfish Brewery & so much more.

Property location

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518 N 2nd Street, Fort Pierce, FL 34950

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,880 sq ft
Flooring
Hardwood, Wood
Appliances
Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Family Dining Room, Main Level Primary, Shower Only
Furnished
Furnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1910
Stories
2
Lot size
10,000 sq ft
Architectural style
Two Story
Roof
Metal
Construction
Frame, Stucco, Wood Siding
Exterior features
Fence, Patio
Pool
None
View
Garden, Other, Water

Parking

Covered spaces
0
Parking features
Guest, Open, Two Or More Spaces

HOA, Community & Financials

Security
Other
Pets allowed
No
Annual tax
$14,815
Subdivision
ASSESSOR'S MAP OF N PART O
County
St Lucie
Days on market
307
MLS listing ID
R11147826
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

-$625

Cap rate
4.8%
Net yield
4.8%
Cash-on-cash return
-3.1%
Gross yield
8.0%
Mortgage payment
$4,053/mo
Down payment
$213,750
Loan amount
$641,250
Annual NOI
$41,138

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