Interior
- Bathrooms
- 0
- Living area
- 2,768 sq ft
- Flooring
- Tile
- Cooling
- Central Air, Wall Window Units
- Heating
- Central, Wall Furnace
- Interior features
- Main Living Area Entry Level
Active · Condominium
$625,000
1311 Emerald Terrace, Fort Pierce, FL 34950
- Beds
- —
- Baths
- 0
- Living area
- 2,768 sq ft
- $ / sq ft
- $226/sq ft
- Year built
- 2009
- Lot size
- 10,890 sq ft
- HOA fee
- —
- Annual tax
- $12,532
About this property
Rare quadruplex opportunity for investors, owner-occupants or multi-generational living. This unique property was built in 2009 and features four separate living units with strong income-producing potential and a rare compound-style layout. Ideal for creating a multi-generational family retreat. The property consists of two 2/1 units and two studios. Complete impact glass windows throughout. Ample parking to accommodate guests, boats and trailers. Located in the growing city of Fort Pierce and just minutes from downtown, shopping, restaurants and beaches - this is the property that you want to add to your portfolio to build long-term equity!
Property location
Get Directions1311 Emerald Terrace, Fort Pierce, FL 34950
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2009
- Stories
- 1
- Lot size
- 10,890 sq ft
- Architectural style
- One Story, Fourplex
- Roof
- Composition, Shingle
- Construction
- CBSConcrete Block Structure, Block
- Exterior features
- Fence, None
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Pets allowed
- No
- Annual tax
- $12,532
- Subdivision
- MORGAN'S SUBDIVISION
- County
- St Lucie
- Days on market
- 111
- MLS listing ID
- B26028732
- 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
$1,659
- Cap rate
- 8.9%
- Net yield
- 8.9%
- Cash-on-cash return
- 11.4%
- Gross yield
- 12.9%
- Mortgage payment
- $2,963/mo
- Down payment
- $156,250
- Loan amount
- $468,750
- Annual NOI
- $55,464
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.