About this home
12-UNIT VALUE-ADD OPPORTUNITY! Seize this rare chance to own a high-performing 12-unit multifamily property featuring 12 spacious 1-bedroom, 1-bath residences with the potential to convert each unit into a 2-bedroom, 1-bath layout for increased rental income. Every unit includes its own private washer and dryer, adding strong tenant appeal. This well-maintained property operates on a master water meter and produces consistent, dependable cash flow with substantial upside potential. Ideally located in desirable South Fort Pierce, it offers convenience, growth opportunity, and long-term investment strength.
Listing last checked: Listing updated:
Listed by Shelli Cloninger · Realty 100 · MLS #F10555883
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Details at a glance
Interior3 property facts
- Heating
- Central, Separate Meters
- Cooling
- Central Air
- Flooring
- Concrete
Building3 property facts
- Style
- Triplex
- Year built
- 1995
- Roof
- Aluminum
Land & utilities1 property facts
- Zoning
- MEDIUM DEN
Financial2 property facts
- Annual taxes
- $31,054
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,750,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$11,437 / monthAdjust
- Principal & interest
- $8,849
- Property tax
- $2,588
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $31,054. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 951 King Orange Drive
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Request a tour of 951 King Orange Drive and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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