331 HERNANDO ST #Units 1-2-3 Active

Fort Pierce,FL 34949

$ 729000

- Bed

0 Bath

2102 SqFt


Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 2,102 sqft

Price per Sqft $346

Subdivision Three Minutes To The Ocean Beach

MLS Listing ID TB8312233

Year Built 1957

Annual Tax Amount $13,867

Lot Size 7,405 Sqft

Property Description

The property is ideally located on the south side of the Fort Pierce Inlet and Jetty, while the north side features a state park. This versatile property can be configured as a duplex or triplex and is fully rented with fantastic tenants. A mere three-minute walk takes you to the public beach, and you're just five minutes from the jetty inlet and local restaurants.
Looking ahead, there's the potential for a Brightline high-speed train station nearby by 2028, which would mean just a 90-minute ride to Miami or Orlando, avoiding traffic. There is local airport in Ft. Pierce, as well international airports in Vero Beach and West Palm next door. This property is perfect candidate for a 1031 exchange, a conversion to a triplex or single family home, or as a short-term rental for platforms like Airbnb or VRBO. Check out this walkthrough to the beach.

Discover the best-kept secret of the Treasure Coast of Florida: South Hutchinson Island in Fort Pierce, near the inlet. The property is ideally located on the south side, while the north side features a state park, inlet, and jetty. This versatile property can be configured as a duplex or triplex and is fully rented with fantastic tenants.
A mere three-minute walk takes you to the public beach, and you're just five minutes from the jetty inlet and local restaurants. Ever wanted to enjoy a Rum Runner drive-through? This laid-back, down-to-earth spot has a vibe that feels "Buffett-esque," if you know what I mean.
Looking ahead, there's the potential for a Brightline high-speed train station nearby by 2028, which would mean just a 90-minute ride to Miami or Orlando, avoiding traffic. There is local airport in Ft. Pierce, as well international airports in Vero Beach and West Palm next door.
This property is perfect candidate for a 1031 exchange, a conversion to a triplex, or as a short-term rental for platforms like Airbnb, VRBO, or Expedia. Alternatively, one could live in one unit and rent out the other(s) to cover your mortgage.

Location

State FL

County St Lucie

Community Three Minutes To The Ocean Beach

Zoning HI MEDIUM

Interior

Cooling Central Air

Exterior

Waterfront false

Water Access Yes

Building

Story 1

Foundation Slab

Structure Type Concrete

New Construction false

Others

Acceptable Financing Cash,Conventional,Trade,Owner Financing

Listing Terms Cash,Conventional,Trade,Owner Financing

Special Listing Condition None

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