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Spencer Bailey

spencer.bailey507@gmail.com +1(507) 951-2934

$ 299,000

Est. payment | -/mo

1,600 SqFt

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$ 299,000

Est. payment | -/mo

Save Virtual Tour

1,600 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $186

Subdivision Pinewood Subdivision

MLS Listing ID B26055298

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 1600

Year Built 1925

Annual Tax Amount $5,220

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Duplex

Property Description

Now offered with exceptional seller financing at a below-market 5.5% interest rate with just 15% down! Whether you're looking to grow your investment portfolio or purchase your first income-producing property, this is an outstanding opportunity. This well-maintained 1920s duplex in Fort Pierce has been consistently occupied by the same reliable, on-time paying tenants since 2022, providing immediate rental income. Each unit has its own electric meter, with one shared water meter, plus a shared washer and dryer located behind the building. Recent improvements include a new roof (2020), most windows replaced (2021), renovated interiors in both units, including one with a newer kitchen and A/C units and the other featuring a brand-new bathroom. The most recent 4-point inspection reported no deficiences. A charming covered front porch adds to the property's historic character and curb appeal. Don't miss this turnkey investment opportunity!

Location

State FL

County St Lucie

Area 7080

Zoning SF Interme

Interior

Interior Features InteriorFeatures

Heating None

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Tile, Wood

Fireplace No

Laundry Common Area, Outside

Exterior

Exterior Feature None, Outdoor Living Area

Fence None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront Description None

View Y/N Yes

Water Access Desc Public

View Garden

Roof Type Flat,Shingle

Street Surface Paved

Accessibility None

Porch Covered, Patio, Porch

Total Parking Spaces 6

Private Pool No

Building

Lot Description None, < 1/4 Acre

Dwelling Type Duplex

Story 1

Entry Level One

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block,Stucco

New Construction No

Construction Status Resale

Others

Senior Community No

Restrictions No Restrictions

Tax ID 241560103890005

Acceptable Financing Owner Will Carry, Owner May Carry, Private Financing Available

Listing Terms Owner Will Carry, Owner May Carry, Private Financing Available

Special Listing Condition Standard, Listed As-Is

Pets Allowed No Pet Restrictions, Yes

Virtual Tour https://www.propertypanorama.com/1109-Colonial-Road-A-B-Fort-Pierce-FL-34950/unbranded

Listed by Stacey Rook Rook Realty LLC

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+1(507) 951-2934

spencer.bailey507@gmail.com

1109 Colonial RD #A & B Fort Pierce, FL 34950

Spencer Bailey

Key Details

Location

Interior

Exterior

Building

Others

Schools and Properties Nearby

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1109 Colonial RD #A & B