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1150 Carlton Court is a six-unit multifamily property located in Fort Pierce, Florida. The asset consists of a single residential building totaling approximately 5,272 square feet situated on a +/-0.25-acre parcel. Originally constructed in 1963, the property has recently completed a comprehensive renovation program and is positioned as a turnkey investment opportunity. The property is comprised of four one-bedroom, one-bathroom units and two two-bedroom, one-bathroom units. All units are currently vacant, providing an investor the ability to implement an immediate lease-up strategy at prevailing market rents without tenant displacement or rollover risk. This property enjoys no restrictions on Short-Term Rentals in this municipality, presenting an exciting opportunity for those strategies.
Features
Age: Over 50 Years Old
Architecture Style: Other
Building Units: 6
Cooling System: Central Air
Floor Covering: Laminate
Floors: 2
Heating System: Central
Legal Description: FT PIERCE BEACH S/D BLK 20 E 1/2 OF LOT 14 AND ALL LOT 15