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$539,998
21 Days On Site

511 TEXAS COURT
FORT PIERCE, FL 34950

For Sale|Triplex|Active
8
Beds
0
Full Baths
0
Partial Baths
2,835
SqFt
$190
/SqFt
1905
Built
Subdivision:
CRAMERS ADD
County:
St Lucie
Call Now: (561) 935-3331
Is this the home for you? We can help make it yours.
(561) 935-3331
511 TEXAS COURT511 TEXAS COURT511 TEXAS COURT511 TEXAS COURT
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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-bedroom, $900 for a 2-bedroom, and $1,250 for a 3-bedroom unit, the property generates $3,150 per month in rental income. Based on comparable market rates, there is an opportunity to increase the rental income to $4,000–$4,100 per month, providing great potential for higher returns. 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! <NO ASSIGNABLE CONTRACTS

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Listing Snapshot
Price 
$539,998
Days On Site 
21 Days
Bedrooms 
8
Inside Area (SqFt) 
2,835 sqft
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.21 Acres
Year Built 
1905
MLS® Number 
TB8353000
Status 
Active
Property Tax 
$6,939
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoPrice changed to $539,998
3 weeks agoListing first seen on site
General Features
Acres 
0.21
Foundation 
Slab
Property Sub Type 
Triplex
Sewer 
Public Sewer
Stories 
One
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
Water Source 
Public
Zoning 
MEDIUM DEN
Interior Features
Cooling 
Wall/Window Unit(s)
Laundry Features 
Laundry Room
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Exterior Features
Construction Details 
Vinyl Siding
Roof 
Metal
Community Features
Financing Terms Available 
CashConventionalFHA
MLS Area 
34950 - Fort Pierce
Roads 
AsphaltConcrete
Township 
35
Listing courtesy of RICHARD PETERS REALTY LLC 3053029806



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-03-14 02:52 AM EDT

Neighborhood & Commute
Source: Walkscore
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