Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1981
Sq.Footage
9,500
Back up offers at $895,000.Income Investment Opportunity 12 Condo Units set up as a 55 plus Community* Excellent occupancy record due to growing demand for over 55 housing. Over 9% Cap based on actual income and expenses. 9.9% cap based on proforma Income.*This Property also has conditional use approval for a 20 Bed-Assisted Living Facility(architectural plans approved) * Completely rebuild from foundation and Walls up-in 2007 * CBS Construction. *10-Two Bedroom Units 2- One Bedroom units *Large screened patios, storage rooms with individual laundry rooms, and private rear yards * City Water.(See attached supplement and documents tab for additional information) Great Location east of US 1 in quiet White City area of St. Lucie County's Treasure Coast. Nestled just south of the Gator Trace Golf Course Community. Just East Savannas State Park and Indian River. Sale subject to Lender approval.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Pool
No
Area & Lot
-
Lot Features
City Lot
-
Lot Size(acres)
1.25
-
Property Type
Commercial Sale
Price
-
Sales Price
$895,000
-
Tax Amount
$9,187
-
Financing Options
Other
-
Sq. Footage
9,500
-
Price/SqFt
$94
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Septic Tank
-
Water Source
Public
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Location
County
St Lucie
Elementary School
Middle School
High School
Listing Courtesy of Paul H Schall, Coldwell Banker Paradise
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