Cays Realty
1176 Bayshore Drive 205, Fort Pierce, FL 34949 — MLS photo

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1176 Bayshore Drive 205, Fort Pierce, FL 34949

Active · Condominium

$200,000

1176 Bayshore Drive 205, Fort Pierce, FL 34949

Beds
2
Baths
1
Living area
1,024 sq ft
$ / sq ft
$195/sq ft
Year built
1971
Lot size
—
HOA fee
$719 Monthly
Annual tax
$2,150

About this property

This beautifully updated 2 bedroom, 1 bath condo offers the perfect blend of comfort, convenience, & coastal lifestyle. Nestled in a desirable 55+ community, this 2nd floor unit comes with all impact windows, Quartz kitchen counters, upgrade bathroom, 2022 A/C, 2024 water heater, and a 2025 Roof. A must see. Boating and lifestyle enthusiasts will love the added convenieces, including boat storage, dock access, and RV parking option available for rent through the community (subject to availability and additional fees). Amenities include Tinnis, Pickleball, olympic size pool, shuffleboard, clubhouse, gym, and library. Island lifestyle all just minutes from beaches, waterfront dining, and shopping.

Property location

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1176 Bayshore Drive 205, Fort Pierce, FL 34949

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
1,024 sq ft
Flooring
Hardwood, Tile, Wood
Appliances
Built In Oven, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bedroom On Main Level, Living Dining Room, Main Living Area Entry Level, Stacked Bedrooms

Exterior & Structure

Property type
Condominium
Year built
1971
Stories
2
Lot size
0 sq ft
Architectural style
One Story
Roof
Flat, Tile
Construction
Brick, CBSConcrete Block Structure, Block, Stucco
Pool
None, Association, Community

Parking

Covered spaces
0
Parking features
Assigned, One Space

HOA, Community & Financials

Association fee
$719 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Laundry, Parking, Pest Control, Sewer, Trash, Water
Amenities
Bike Storage, Clubhouse, Fitness Center, Laundry, Pool, Shuffleboard Court, Sauna, Storage, Tennis Courts
Pets allowed
No
Annual tax
$2,150
Subdivision
COLONNADES CONDOMINIUM NO
County
St Lucie
Days on market
176
MLS listing ID
B26021227
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$191

Cap rate
6.8%
Net yield
6.8%
Cash-on-cash return
4.1%
Gross yield
14.4%
Mortgage payment
$948/mo
Down payment
$50,000
Loan amount
$150,000
Annual NOI
$13,666

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