
$224,000
Turnkey Duplex Investment — Two Income Streams, One Acquisition
$224,000 for Two Turnkey Units — A Price Point That Doesn't Exist in Broward or Miami-Dade
This isn't just a duplex — it's a fully operational income machine in Happy Land Subdivision, one of Fort Pierce's most established residential pockets. CBS construction. Metal roof. Both units move-in ready with granite countertops, tile flooring, and separate utility meters.
At $224,000, you're acquiring two rentable units at a per-square-foot cost that South Florida investors haven't seen in a decade. The math is simple. The opportunity is real.
Investment Snapshot
* Projections based on market rents of $1,450/unit/month. Actual returns depend on financing, expenses, and occupancy. Not financial advice.
Eight Reasons Smart Money Is Looking Here
Dual Income Stream
Two identical 1BR/1BA units generating up to $2,900/month combined. Separate electric and water meters mean tenants pay their own utilities.
CBS Construction + Metal Roof
Concrete block structure with a metal roof means lower insurance premiums and hurricane resilience that frame homes simply cannot match.
Zero Renovation Required
Both units feature tile throughout, granite countertops, ceiling fans, and built-in shelving. Move-in condition from day one.
Across from Lincoln Park
Not even 20 steps from Lincoln Park. An established neighborhood anchor that drives consistent rental demand from families who want their children walk-distance to school.
Renters Facilitated by Seller
The seller will help facilitate qualified renters through their affordable housing affiliation — removing the friction of finding tenants and accelerating your first month of income. A turnkey handoff, not a vacancy gamble.
Financing Flexibility
Seller accepts Cash, Conventional, FHA, and VA loans. Multiple exit strategies available for the creative investor.
Storm Protection Included
Complete panel shutter system already installed. No additional hurricane prep investment required on your end.
Price Aligned to Market
Recently reduced to reflect current market conditions — a strategic repositioning that widens your margin and shortens your path to positive cash flow.
Mirror Units, Double Returns
Unit 1
Features
- • Tile flooring throughout
- • Granite countertops
- • Kitchen with range + refrigerator
- • Built-in shelving
- • Ceiling fan(s)
- • Private patio/porch
- • Window coverings included
Unit 2
Features
- • Tile flooring throughout
- • Granite countertops
- • Kitchen with range + refrigerator
- • Built-in shelving
- • Ceiling fan(s)
- • Private patio/porch
- • Window coverings included
Every Detail, Documented
Property Information
- MLS Number
- B26067110
- Property Type
- Duplex
- Total Living Area
- 1,080 Sq Ft
- Lot Size
- 4,791 Sq Ft (0.11 Ac)
- Year Built
- 1952
- Stories
- 1
- Construction
- CBS
- Roof
- Metal
- Floors
- Tile
- Parking
- 2 Open Spaces
- Flood Zone
- X (Low Risk)
- Zoning
- Medium Density
Financial Details
- List Price
- $224,000
- Price/Sq Ft
- $207.41
- Annual Taxes
- $2,697.65
- Assessed Value
- $102,394
- HOA Fees
- None
Features & Systems
- Cooling
- Wall/Window Units + Ceiling Fans
- Heating
- Electric
- Electric
- 100 Amp Service
- Water
- Public, Separate Meters
- Sewer
- Public Sewer
- Laundry
- Outside
- Outdoor Living
- Open Porch
- Storm Protection
- Panel Shutters (Complete)
- Pets
- Allowed
- Leasing
- Permitted (365 days/year)
Across from Lincoln Park
Not even 20 steps from Lincoln Park. Located west of US-1 in the established Happy Land Subdivision with mature trees and quiet streets. This area has seen consistent appreciation as Fort Pierce's revitalization radiates outward.
- →20 steps to Lincoln Park — directly across the street
- →5 minutes to Fort Pierce Beach / Jetty Park
- →5 minutes to US-1 / Florida Turnpike access
- →10 minutes to Downtown Fort Pierce / Marina Square
- →45 minutes to West Palm Beach
Happy Land Subdivision
Lat: 27.461707 | Long: -80.338408
1403 Ave M, Fort Pierce, FL 34950
Don't Let This Opportunity Pass
Properties at this price point with dual income streams don't stay active long. Let's talk about whether this fits your portfolio strategy.
This listing is provided by Treasure Coast Realty Group. All information is deemed reliable but not guaranteed and should be independently verified. Square footage and room dimensions are approximate. This is not financial, legal, or investment advice. Consult licensed professionals before making any purchasing decisions. Equal Housing Opportunity. All properties subject to prior sale, change, or withdrawal without notice. MLS #B26067110. Bridgette A. Daley, REALTOR® | License #3659853