3805 Okeechobee Road, Fort Pierce, FL 34947 — MLS photo

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3805 Okeechobee Road, Fort Pierce, FL 34947

Active · MixedUse

$799,000

3805 Okeechobee Road, Fort Pierce, FL 34947

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1967
Lot size
31,363 sq ft
HOA fee
—
Annual tax
—

About this property

Rare opportunity to purchase 2.79 acres of commercial land located between Virginia Ave and Okeechobee Blvd. Conveys 2 parcels. The second parcel is 2202 S 39TH ST, Parcel ID: 241770400320000. The property hosts excellent frontage from Okeechobee Blvd and 39th Street. The parcels are located 1.8 miles from I95 and Florida's Turnpike 0.8 miles from Indian River State College. Currently zoned for Commercial Office and Commercial General usage. Surrounding real estate residential properties and national & local retailers. Beaches 4-5 miles away.

Property location

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3805 Okeechobee Road, Fort Pierce, FL 34947

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
MixedUse
Year built
1967
Lot size
31,363 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
St Lucie
MLS listing ID
B26018603
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

-$1,563

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$3,788/mo
Down payment
$199,750
Loan amount
$599,250
Annual NOI
$26,692

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