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Multifamily Properties Fort Pierce FL

$ 1,100,000
1306 Havana Ave,

Property Description

Havana Apartments has 4 duplexes on one compound of ½ Acre of land. All buildings are block construction and each unit is a 2 bed 1 bath. All units have a private patio, laundry room and tile floors throughout. All units have wall AC/ heating air conditioning units; moreover, all have been changed out within the past 3 years except for two units. Tenants are responsible for all utilities and personal washers and dryers.

Havana Apartments runs seamlessly as it is professionally managed by Landmark Investments. Havana Apartments is close to all amenities as the property is located in the historic Lawnwood neighborhood in the heart of Fort Pierce.

Havana 8-unit apartment complex is centrally located in the Heart of Fort Pierce close to all amenities. Massive corporate companies such as Amazon distribution warehouse, Derecktor Super Yacht Servicing company have developed operations in the area. Wavegarden Surf Park with over 200 Acres of lodging with a surfing pool, Brightline train station and Buc-ee’s have proposed site plans for development which will infuse Fort Pierce with high paying jobs; thus, creating upside to the area. Privet investment is penetrating the area with large projects such as the mega commercial, industrial, residential developments and infrastructure projects surrounding Havana Apartments.

Demand is high in Fort Pierce rentals making Havana Apartments sought after; moreover, there are little to no rental turnovers.

Multifamily Properties Fort Pierce

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Property Documents:

Property Details

  • Rooms: 24
  • Bedrooms: 16
  • Bathrooms: 8

Lot Size: .5 Acres

Roofing: Shingle

Cap Rate: 5.9%

Year Built: 1974

External Construction: CBS

Property Features

yesback yard
yesfront yard
yeswasher and dryer

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