Excellent investment opportunity on South Hutchinson Island! This well-located five-plex at 1240 Carlton Court features five one-bedroom, one-bath residences with approximately 4,400 square feet of total living area and storage space on a spacious 0.34-acre lot. Built in 1981, the property offers strong income-producing potential in one of Fort Pierce's most desirable rental areas. Residents enjoy convenient access to beautiful beaches, the Indian River Lagoon, restaurants, shopping, marinas and nearby downtown Fort Pierce. An outstanding opportunity for investors seeking multiple rental units, long-term appreciation and an island location with year-round tenant appeal. Buyer to verify all measurements, unit details and financial information.
| MLS # | B26056972 |
|---|---|
| Listing Type | For Sale |
| Building Name | 1240 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1981 |
| Days On Site | 38 |
| Listing Provided By | Southern Castles | Donna L Benton |
| SQ Feet | 4,400 |
|---|---|
| Story(s) | 1 |
| Units | 5 |
| Building(s) | 1 |
| Zoning | HI Medium |
| Acreage | 0.34 |
| Lot Features | Less Than One Acre, Quarter To Half Acre Lot |
|---|
| Parking Features | Assigned, Guest |
|---|
| Tax Annual Amount | 16729 |
|---|
| State | FL |
|---|---|
| County | St Lucie |
| City | Fort Pierce |
| Zip Code | 34949 |
| Area | 7010 |
| Subarea | St Lucie County 6010; 7010 7020 |
| Listing VS Median (in 34949) | |
Price: $2,100,000 low | high Med: $329,500 sqft: 4,400 low | high Med: 1,275 $ / sqft: $477 low | high Med: $259 On site: 38 low | high Med: 69.5 | |
| State | FL |
|---|---|
| County | St Lucie |
| City | Fort Pierce |
| Zip Code | 34949 |
| Area | 7010 |
| Subarea | St Lucie County 6010; 7010 7020 |
| Listing VS Median (in 34949) | |
Price: $2,100,000 low | high Med: $329,500 sqft: 4,400 low | high Med: 1,275 $ / sqft: $477 low | high Med: $259 On site: 38 low | high Med: 69.5 | |