602 W Midway Road, Fort Pierce, FL 34982 — MLS photo

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602 W Midway Road, Fort Pierce, FL 34982

Active · Office

$559,000

602 W Midway Road, Fort Pierce, FL 34982

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1960
Lot size
10,890 sq ft
HOA fee
—
Annual tax
$3,500

About this property

Commercial Zoning (Office, Medical. etc.) GREAT OPPORTUNITY on HEAVILY TRAFFIC location just past the WINN DIXIE PLAZA on US 1 and Midway Road!! The building can be remodeled or torn down by the buyer! Roof is approx. 5 years old, AC is approx. 3 years old. Seize this chance to own your own business/building with extremely busy road frontage. 3 rooms and 1 bath, featuring a carport and storage. Don't miss out on this one!! Seller is licensed real estate broker.

Property location

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602 W Midway Road, Fort Pierce, FL 34982

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Facts & features

Interior

Bathrooms
0
Flooring
Hardwood, Wood
Cooling
Central Air
Heating
Central, Electric

Exterior & Structure

Property type
Office
Year built
1960
Lot size
10,890 sq ft
Roof
Composition

Parking

Covered spaces
0

HOA, Community & Financials

Security
Smoke Detectors
Annual tax
$3,500
County
St Lucie
Days on market
262
MLS listing ID
R11158429
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

-$500

Cap rate
4.6%
Net yield
4.6%
Cash-on-cash return
-3.8%
Gross yield
6.6%
Mortgage payment
$2,650/mo
Down payment
$139,750
Loan amount
$419,250
Annual NOI
$25,797

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