BRAND NEW Duplex Investment Opportunity! This exceptional property boasts a monthly gross revenue of $4,974 making it an ideal addition to any real estate portfolio. It has an impressive annual gross income of nearly $60,000. With a cap rate of approximately 10.04%, this investment offers a compelling rate of return that surpasses many market alternatives. Each unit is extremely efficient and situated in a high-demand location, ensuring consistent tenant interest and dependable cash flow. Don't miss your chance to secure this lucrative investment property!
New construction
$525,000
505 N 27th Street, Fort Pierce, FL 34947
6beds
1,760sqft
Est.:
Duplex
Built in 2025
-- sqft lot
$-- Zestimate®
$298/sqft
$-- HOA
What's special
- 6 days
- on Zillow |
- 139 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 11:19am
Listed by:
Nicholas Tobis 772-888-5658,
Meant2b Realty LLC
Source: BeachesMLS,MLS#: RX-11111382
Originating MLS: Beaches MLS
Originating MLS: Beaches MLSTravel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central Individual, Electric
Cooling
- Central Individual, Electric, A/C Unit
Appliances
- Included: Disposal, Microwave, Electric Range, Refrigerator, Dryer, Range - Electric
- Laundry: In Unit, W/D Hookup, Laundry
Features
- Kitchen, Split Bedrooms, Walk-In Closet(s), Stack Bedrooms, Walk-in Closets
- Flooring: Concrete
- Windows: Complete Panel Shutters
Interior area
- Total structure area: 1,780
- Total interior livable area: 1,760 sqft
Property
Parking
- Total spaces: 4
- Parking features: Space Parking
- Carport spaces: 4
Features
- Stories: 1
- Exterior features: Awning(s), Room for Pool
- Waterfront features: None
Lot
- Size: 0.34 Acres
- Features: 1/4 to 1/2 Acre
Details
- Parcel number: 240850200310005
- Zoning: Medium
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Block, CBS, Concrete
- Roof: Metal
Condition
- Under Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Electric: Electric Meter, Separate Electrical Meters
- Sewer: Septic Tank
- Water: Public, Separate Water Meters
- Utilities for property: Cable Connected, Electricity Connected
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s), Smoke Detector
- Subdivision: Magnolia Park Subdivision
Location
- Region: Fort Pierce
Financial & listing details
- Price per square foot: $298/sqft
- Tax assessed value: $26,000
- Annual tax amount: $455
- Date on market: 7/29/2025
- Listing terms: Cash,Conventional,FHA,FHA203K,VA Loan
- Tenant pays: Cable TV, Common Area Maintenance, Electricity, Sewer, Water
- Electric utility on property: Yes
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