2837 STONEWAY Lane D, Fort Pierce, FL 34982 — MLS photo

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2837 STONEWAY Lane D, Fort Pierce, FL 34982

Active · Townhouse

$132,000

2837 STONEWAY Lane D, Fort Pierce, FL 34982

Beds
2
Baths
2
Living area
1,005 sq ft
$ / sq ft
$131/sq ft
Year built
1991
Lot size
1,251 sq ft
HOA fee
$410 Monthly
Annual tax
$3,053

About this property

Welcome to the quiet corner of SURREY WOODS, with its' beautiful oak trees and shifting sunlight as it filters through. This gated community is minutes away from the hustle and bustle of Fort Pierce. This unit is located at the very end of Stoneway Lane and to the far right with less thru traffic. An opportunity exists to purchase a HANDYMAN SPECIAL PRE-FORECLOSURE WITH THE BANK WORKING WITH THE SELLER. Ask me about a loan available that pays for all your repairs, you pick your materials, colors etc. and the General Contractor does the rest. All completed before you move in. This HANDYMAN SPECIAL needs a new D R E A M kitchen and Appliance package, along with some new baseboards and additional tweaks throughout. Kitchen was originally set up with a breakfast bar that overlooked a 5-seater dining area next to the sliders to patio. Kitchen has a pantry which needs new shelving and a door for additional stow away storage. AC system interior and exterior was installed in 2023. New Roofs installed about 4 to 5 years ago in community. Living room has cathedral ceiling with display/plant shelf. Lots of natural sunlight filters through the windows. TWO BEDROOMS & TWO BATHS, the Master bedroom and bath are separated with a guest bath and a laundry center which lies midway between the 2 bedrooms making the laundry equally accessible from either side. The Master Bedroom has double closets and a compact but equally functional Master bath with shower. The guest bedroom has oversized closet nearly the length of the wall. Guest bath is slightly larger than Master and has a combo tub and shower. The sliders from dining area lead out to the covered stone patio where you can pass the drinks/food from the kitchen window out to patio. Large enough for a grill, table and chairs too. SEE the ARCHITECTURAL REVIEW BOARD to add a screen enclosure or additional privacy fencing. COMMUNITY HAS AN INGROUND POOL, TENNIS COURTS, RACQUET BALL COURT, BASKETBALL. NO COMMERCIAL VEHICLES ALLOWED. Indian River State College 1 mile away, just under 4 miles to Wal-Mart and Home Depot. I-95 & Florida Turnpike North or South in about 7 minutes. Fort Pierce Inlet Park and the beaches just under 9 miles away. Take Jimmy Buffet Hwy North to Avalon Park and more beaches a mere 4 miles further North. This is a perfect location to all amenities, shopping, that Fort Pierce has to offer with quaint shops in the historic cobble stone street area (near the courthouse). Must see if you want to grow your equity. Great opportunity for those who like to FIX and FLIP

Interior & exterior features

Appliances

  • Dryer
  • Electric Range
  • Electric Water Heater
  • Refrigerator
  • Washer

Cooling

  • Central Air
  • Ceiling Fans

Heating

  • Central
  • Electric

Views

  • Other
  • Water

Parking

  • Assigned
  • Common
  • Guest
  • One Space

Interior features

  • Breakfast Bar
  • Breakfast Area
  • Living Dining Room
  • Main Living Area Entry Level
  • Split Bedrooms
  • Shower Only

Exterior features

  • Courtyard
  • Patio

Pool

  • None
  • Association
  • Community

Flooring

  • Ceramic Tile

roof

  • Composition
  • Fiberglass
  • Shingle

construction

  • Stucco

security

  • Complex Fenced
  • Security Lights
  • Security Gate

association_amenities

  • Basketball Court
  • Controlled Access
  • Management
  • Maintenance
  • Pool
  • Security
  • Tennis Courts

association_fee_includes

  • Association Management
  • Common Area Maintenance
  • Insurance
  • Pools
  • Recreation Facilities
  • Roof
  • Security
  • Trash

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

$565

Cap rate
10.8%
Net yield
10.8%
Cash-on-cash return
18.3%
Gross yield
19.7%
Mortgage payment
$626/mo
Down payment
$33,000
Loan amount
$99,000
Annual NOI
$14,285

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