2507 Ocean ,Quadruplex, Fourplex, Fort Pierce Shores for Sale

2507 Ocean for Sale

Price $1,740,000.00

• Lot size 5958
• Year Build 1976
• Waterfront Ocean Access
• Zip 34949
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Attention investors! This fully turnkey vacation rental offers an exceptional opportunity with a NOI of over $92,000 annually!!. Located on North Hutchinson Island, this property isn't just a smart investment—it's a chance to own a slice of paradise with strong financial returns. Currently a high-demand rental on Airbnb, VRBO, and Booking, this home enjoys impressive occupancy rates and a loyal repeat guest base. Situated in a tranquil setting, it's just a 5-minute walk to the breathtaking 10-mile stretch of Hutchinson Island beach. Don't miss out on this proven income-generating property in one of Florida's most desirable coastal destinations! Situated in a prime location on North Hutchinson Island, this property is not just an investment—it's a vacation paradise

FORT PIERCE SHORES-UNIT 3- BLK 8 LOT 9

1/4 To Less Than 1/2 Acre Lot, Septic

Attention investors! This fully turnkey vacation rental offers an exceptional opportunity with a NOI of over $92,000 annually!!. Located on North Hutchinson Island, this property isn't just a smart investment—it's a chance to own a slice of paradise with strong financial returns. Currently a high-demand rental on Airbnb, VRBO, and Booking, this home enjoys impressive occupancy rates and a loyal repeat guest base. Situated in a tranquil setting, it's just a 5-minute walk to the breathtaking 10-mile stretch of Hutchinson Island beach. Don't miss out on this proven income-generating property in one of Florida's most desirable coastal destinations! Situated in a prime location on North Hutchinson Island, this property is not just an investment—it's a vacation paradise

City:Hutchinson Island,Roof:1:Metal Roof,View Y N:1,Zoning:HutchI,Cooling:1:Central Individual A/C,2:Electric,Country:United States,List A O R:BeachesMLS,Stories:2,Tax Year:2023,Latitude:27.4846167,Cooling Y N:1,Heating Y N:1,List Price:1740000,Listing Id:R11016392,Longitude:-80.2970062,Mls Status:Active,Utilities:1:Water Connected,2:Water Available,Year Built:1976,Directions:From Fort Pierce US HWY 1: North 4th Street, take right to N Causeway (A1A), continue on A1A/Shorewinds Dr., corner turn on N Ocean Drive.,High School:Fort Pierce Westwood,Living Area:4396,Postal Code:34949,Street Name:Ocean,Coordinates:1:27.4846167,Gross Income:264000,Lot Features:1:Septic,Photos Count:61,Days On Market:650,Listing Terms:1:Conventional,Lot Size Acres:0.32,Lot Size Units:Square Feet,M I A M I R E_ Area:7020,M L S Area Major:Fort Pierce Shores,On Market Date:2024-08-29,Parcel Number:142560300100002,Property Type:Residential Income,Stories Total:2,Street Number:2507,Street Suffix:Drive,Waterfront Y N:1,Public Remarks:Attention investors! This fully turnkey vacation rental offers an exceptional opportunity with a NOI of over $92,000 annually!!. Located on North Hutchinson Island, this property isn't just a smart investment—it's a chance to own a slice of paradise with strong financial returns. Currently a high-demand rental on Airbnb, VRBO, and Booking, this home enjoys impressive occupancy rates and a loyal repeat guest base. Situated in a tranquil setting, it's just a 5-minute walk to the breathtaking 10-mile stretch of Hutchinson Island beach. Don't miss out on this proven income-generating property in one of Florida's most desirable coastal destinations! Situated in a prime location on North Hutchinson Island, this property is not just an investment—it's a vacation paradise,Tax Exemptions:1:Tax Reflects Homestead Exemption,County Or Parish:St Lucie County,Expiration Date:2026-09-15,List Office Name:Compass Florida, LLC (Jupiter),Standard Status:Active,Window Features:1:Blinds,2:Verticals,Living Area Units:Square Feet,Major Change Type:Price Decrease,Property Sub Type:Quadruplex,Road Surface Type:1:Paved,State Or Province:FL,Street Dir Prefix:N,Subdivision Name:FORT PIERCE SHORES,Tax Annual Amount:19794,Total Actual Rent:264000,Unparsed Address:2507 N Ocean Drive, Hutchinson Island FL 34949,Exterior Features:1:Room For Pool,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Year Built Details:Resale,Building Area Total:5958,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:395.8144,Original List Price:2400000,Previous List Price:1790000,Building Area Source:Owner,I D X Participation Y N:1,M I A M I R E_ Last Status:Active,M I A M I R E_ Sub Board I D:Palm Beach,Net Operating Income:92000,Number Of Units Total:4,Syndication Remarks:Attention investors! This fully turnkey vacation rental offers an exceptional opportunity with a NOI of over $92,000 annually!!. Located on North Hutchinson Island, this property isn't just a smart investment—it's a chance to own a slice of paradise with strong financial returns. Currently a high-demand rental on Airbnb, VRBO, and Booking, this home enjoys impressive occupancy rates and a loyal repeat guest base. Situated in a tranquil setting, it's just a 5-minute walk to the breathtaking 10-mile stretch of Hutchinson Island beach. Don't miss out on this proven income-generating property in one of Florida's most desirable coastal destinations! Situated in a prime location on North Hutchinson Island, this property is not just an investment—it's a vacation paradise,Listing Contract Date:2024-08-29,Originating System I D:miamire,Showing Instructions:24 Hour Notice,Appointment Only,See Broker Remarks,Street Number Numeric:2507,Tax Legal Description:FORT PIERCE SHORES-UNIT 3- BLK 8 LOT 9,Association Amenities:1:Bike Storage,2:Storage,M I A M I R E_ Current Price:1740000,Bathrooms Total Integer:8,M I A M I R E_ Year Installed:1976,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:St Lucie County 6010; 7010 7020,M I A M I R E_ Parcel Number M L X:1425,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Supplement Count:5,Contract Status Change Date:2024-08-29,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Acreage Description:1/4+ To 1/2 Acre,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Agent Alternate Phone:561-406-5228,M I A M I R E_ Approx Sqft Total Area:13939,Internet Entire Listing Display Y N:1,M I A M I R E_ Multiple Offers Accepted Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:395.81,Internet Automated Valuation Display Y N:1,