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For sale
  • Price cut: $3K (5/27)
    $489,999

    511 Texas Ct, Fort Pierce, FL 34950

    8beds
    3baths
    2,835sqft
    : 
    Triplex, Multi Family
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $173/sqft
    $-- HOA

    What's special

    Brand-new metal roofsLuxurious durable tile flooringOpen functional layoutsIndividual climate controlMassive lotUpdated units
    Incredible Triplex Opportunity in Fort Pierce!! <HIGHEST & BEST BY 5/31/2025> 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! <NO ASSIGNABLE CONTRACTS
    100 days
    on Zillow
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    470
    |
    18
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    Zillow last checked: 7 hours ago

    Listing updated: May 27, 2025 at 10:30am

    Listing Provided by:

    Ronald Ryder 305-302-9806,

    RICHARD PETERS REALTY LLC 352-448-9712

    Source: Stellar MLS,MLS#: TB8353000MLS LogoOriginating MLS: Pinellas Suncoast

    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 511 Texas Ct.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    Heating
    • Wall Units / Window Unit
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s)
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,835 sqft
    Video & virtual tour

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Sidewalk
    Lot
    • Size: 9,000 Square Feet
    Details
    • Parcel number: 240982300560005
    • Zoning: MEDIUM DEN
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Subdivision: CRAMERS ADD
    HOA
    • Has HOA: No
    • Pet fee: $0 monthly
    Location
    • Region: Fort Pierce

    Financial & listing details

    • Price per square foot: $173/sqft
    • Tax assessed value: $249,100
    • Annual tax amount: $6,939
    • Date on market: 2/20/2025
    • Listing terms: Cash,Conventional,FHA
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt, Concrete
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