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1004-1010 Seaway Drive, 10, Fort Pierce, FL 34950

$7,000,000
Property Type: Comm/Industry Baths: 10 Status: Active
Current Price: $7,000,000 Last Modified: 10/28/2022

Description

Incredible opportunity to own 10 residential units on the inlet with 39 Boat Slips and commercial /retail with gas station. Gas station and Retail Space are vacant so property has upside. Rents are below market. Location! Location!

More Information MLS# RX-10841889

Contract Information

Status: Active Original List Price: 7000000 Auction: No List Price: $7,000,000 Current Price: $7,000,000 Listing Date: 2022-10-25 Comm/Non-Rep: 1.5% Comm/Buyer Agent: 1.5% Comm/Trans Brk: 1.5%

General Property Description

Type: Mixed Use For Sale: Yes For Lease: No Property Desc: 10 Units & 39 Slips Year Built: 1977 SqFt Source: Tax Rolls # of Stories: 2 Total Units: 10 Baths - Total: 10 Acres: 1.42 % Air Conditioned: 100 Waterfront: Yes

Location, Tax & Legal

Area: 7010 Geo Area: SL09 County: St. Lucie Parcel ID: 240214200030008 Street #: 1004-1010 Street Name: Seaway Street Suffix: Drive Unit #: 10 State/Province: FL Zip Code: 34950 Zoning: C-2 Legal Desc: 2 35 40 BEG AT A PT ON N R/W LI OF SR A1A 65 FT ELY AS MEAS ON SD N R/W FROM YOUNT SE COR (OR 171-1315), TH CONT ELY AL Tax Year: 2021 Real Estate Taxes: 73 Geo Lat: 27.463181 Geo Lon: -80.304902

Remarks & Misc

Directions: US 1 to Seaway Drive and continue east to property. Property located on your left.

Office/Member Info

DXORIGMLNO: RX-10841889 DXORIGMLSID: RML

Monetary Info

Gross Sched Income: 405497 Source of Expenses: Proforma

Expenses

R.E. Taxes: 73000

Unit 1

Unit Desc: 2 Bedroom Full Baths: 1 Ann Rent: 16800 Rent Period: Month

Unit 2

Unit Desc: 2 Bedroom Full Baths: 1 Ann Rent: 22200

Unit 3

Unit Desc: 1 Bedroom Full Baths: 1 Ann Rent: 10800

Unit 4

Unit Desc: 1 Bedroom Full Baths: 1 Ann Rent: 8400

Unit 5

Unit Desc: 1 Bedroom Full Baths: 1 Ann Rent: 10200

Unit 6

Unit Desc: 1 Bedroom Full Baths: 1 Ann Rent: 9300

Unit 7

Unit Desc: 1 Bedroom Full Baths: 1 Ann Rent: 12000

Unit 8

Unit Desc: 1 Bedroom Full Baths: 1 Ann Rent: 10140

Property Features

Use: Retail Type of Building: Commercial; Free Standing; Income; Marina; Resident. Multi-Fam.; Resident. Single Fam; Special Purpose Construction: Block; CBS; Concrete; Frame Location: Beach Area Sale Includes: Building and Land Avail Docs: Aerial Avail Info: Drawings; Existing Survey; Full Financials Miscellaneous 1: Fuel Pump Miscellaneous 2: Pool; Separate Office Area Heating: Central Fire Protect: None Special Info: Presently Leased Tenant Pays: Electric; Water Utilities: Public Water Waterfront Details: Intracoastal; Marina; Ocean Access; Seawall Security: None Maintenance Fee Incl: Fire/Liability Insur; Insurance-Bldg; Interior Electric; Janitor; Management Fees; Real Estate Tax; Sewer; Water Terms Considered: Cash; Conventional Lease: Month to Month Possession: Funding
Listing Office: Sellstate Priority Realty
Last Updated: October - 28 - 2022
1004-1010 Seaway Drive, 10, Fort Pierce, FL 34950- MLS# RX-10841889
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