$489,999 for Sale

511 texas court , fort pierce, FL 34950

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Beds 8 Baths 3 2,835 Sqft 0.21 Acres 1 of 21
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Property Description
Incredible Triplex Opportunity in Fort Pierce!! Don’t miss out on this fantastic opportunity to own a well-maintained triplex in a rapidly appreciating neighborhood in Fort Pierce! Perfect for both investors and owner-occupants, this property offers tremendous potential with below-market rents and the chance to increase rental income. With three separate buildings sitting on a massive lot, this property is ideal for those seeking space, privacy, and a solid income-generating investment. The triplex consists of three updated units, totaling 8 bedrooms and 3 bathrooms. Each unit has been meticulously maintained and features luxurious, durable tile flooring, including beautiful modern wood-style tile throughout. The units have open, functional layouts that offer a comfortable living experience for tenants, with kitchens that are as practical as they are stylish. One of the standout features of this property is the brand-new metal roofs on all three units—installed less than a year ago—providing peace of mind for years to come. Additionally, the units are separately metered for both water and electricity, and tenants are responsible for their own utilities, which is a huge benefit for investors looking for a hassle-free investment. The property has also had recent upgrades, including new re-piping for the water supply lines and replaced electrical boxes. Each unit has its own window AC unit for individual climate control. While the property has been well-kept, it still presents an opportunity for some cosmetic updates to increase its value even further. With current rents of $1,000 for a 3-bed, $900 for a 2-bed, and $1,250 for a 3-bed unit, the property generates $3,150 per month in rental income. TOTAL RENTS ARE INCREASING ON JUNE 1st AS FOLLOWS: 509A raises to $1,250/month, 509B raises to $1,150/month, and 511 raises to $1,500/month This property is ideal for investors looking to capitalize on a growing area or for an owner-occupant who wants to live in one unit while renting out the others. Located in a coveted neighborhood, with ample space for parking or storage, this triplex offers both value and opportunity. Easy to show—schedule your viewing today!
General Information
Sale Price: $489,999
Price/SqFt: $173
Est. Payments: $3,146
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Status: Active
MLS#: TB8353000
City: fort pierce
Post Office: fort pierce
County: St Lucie
Subdivision: cramers add
Acres: 0.21
Bedrooms:8
Bathrooms:3
House Size: 2,835 sq.ft.
Acreage: 0.21 est.
Year Built: 1905
Property Type: Triplex
Style:
Features & Room Sizes
Paved Road:  Asphalt, Concrete
Garage:  No
Construction:  Vinyl Siding
Exterior Misc:  Sidewalk
Basement:  No
Foundation :  Slab
Cooling:  Wall/Window Unit(s)
Heating:  Wall Units / Window Unit
Waste:  Public Sewer
Watersource:  Public
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $6,939
Legal Description:  CRAMER S ADDITION BLK 6 S 90 FT OF LOTS 11 AND 12


Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Ronald Ryder of RICHARD PETERS REALTY LLC, Phone: 352-448-9712
(941) 875-4503 Call Scott Standriff for more information about this property.

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This Home located at
511 texas court, fort pierce FL 34950
is currently for sale priced at $489,999 and was listed on February, 20, 2025 and has been on the market for 101 days and was last updated on May, 16, 2025.

511 texas court has 8 bedrooms, 3 bathrooms, and approximately 2,835 square feet. with 0.21 acres and was built in 1905. 511 texas court is in the 34950 ZIP Code area of fort pierce.

If you have any question about this property or any others, please don't hesitate to contact me.