Interior
- Bathrooms
- 0
- Living area
- 3,042 sq ft
- Flooring
- Hardwood, Other, Tile, Wood
- Cooling
- Wall Window Units
- Heating
- Heat Pump, None
Active · Quadruplex
$825,000
2206 Delaware Avenue, Fort Pierce, FL 34950
- Beds
- —
- Baths
- 0
- Living area
- 3,042 sq ft
- $ / sq ft
- $271/sq ft
- Year built
- 1970
- Lot size
- 22,500 sq ft
- HOA fee
- —
- Annual tax
- $10,011
About this property
Excellent investment opportunity in Fort Pierce! This property includes 5 units: 3 single family homes and 1 duplex, all on a corner half acre lot offering strong long term potential and flexible use options. Properties are rented month to month, providing immediate income with the ability to adjust or reposition as needed. Washer and dryer included. Prime location on Delaware Avenue with great visibility, access to major roads, services, and ongoing redevelopment. A rare multi-unit asset on a large corner parcel.
Property location
Get Directions2206 Delaware Avenue, Fort Pierce, FL 34950
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Quadruplex
- Year built
- 1970
- Stories
- 2
- Lot size
- 22,500 sq ft
- Architectural style
- Fourplex
- Roof
- Composition, Shingle
- Construction
- CBSConcrete Block Structure, Block, Frame, Stucco
- Exterior features
- None, Shed
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Pets allowed
- No
- Annual tax
- $10,011
- Subdivision
- West end
- County
- St Lucie
- Days on market
- 215
- MLS listing ID
- B26003915
- Listing status
- Active
Virtual tour
Explore 3D / Virtual TourInvestment 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
$1,743
- Cap rate
- 8.2%
- Net yield
- 8.2%
- Cash-on-cash return
- 9.1%
- Gross yield
- 11.3%
- Mortgage payment
- $3,911/mo
- Down payment
- $206,250
- Loan amount
- $618,750
- Annual NOI
- $67,849
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.