Interior
- Bathrooms
- 0
- Living area
- 7,488 sq ft
- Flooring
- Concrete
- Cooling
- Central Air
- Heating
- Central
Active · Triplex
$1,800,000
951 King Orange Drive, Fort Pierce, FL 34982
- Beds
- —
- Baths
- 0
- Living area
- 7,488 sq ft
- $ / sq ft
- $240/sq ft
- Year built
- 1995
- Lot size
- —
- HOA fee
- —
- Annual tax
- $31,054
About this property
12-UNIT VALUE-ADD OPPORTUNITY! Seize this rare chance to own a high-performing 12-unit multifamily property featuring 12 spacious 1-bedroom, 1-bath residences with the potential to convert each unit into a 2-bedroom, 1-bath layout for increased rental income. Every unit includes its own private washer and dryer, adding strong tenant appeal. This well-maintained property operates on a master water meter and produces consistent, dependable cash flow with substantial upside potential. Ideally located in desirable South Fort Pierce, it offers convenience, growth opportunity, and long-term investment strength.
Property location
Get Directions951 King Orange Drive, Fort Pierce, FL 34982
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Facts & features
Exterior & Structure
- Property type
- Triplex
- Year built
- 1995
- Stories
- 1
- Roof
- Aluminum
- Construction
- CBSConcrete Block Structure, Block
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $31,054
- Subdivision
- Maravilla Gardens Sub
- County
- St Lucie
- Days on market
- 234
- MLS listing ID
- F10555883
- Listing status
- Active
Virtual tour
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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
$4,414
- Cap rate
- 8.6%
- Net yield
- 8.6%
- Cash-on-cash return
- 10.5%
- Gross yield
- 12.3%
- Mortgage payment
- $8,533/mo
- Down payment
- $450,000
- Loan amount
- $1,350,000
- Annual NOI
- $155,368
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.