Ocean front Penthouse Condo (N Hutchinson Is)

5051 N Hwy A1A Penthouse 31, Fort Pierce, FL 34949

$675,000 After Repair Value -
$675,000 Asking Price -
$0 Cost of Repairs =
$0 Potential Profit

Property Details

Asking Price $675,000

After Repair Value $675,000

Costs of Repairs $0

Potential Profit $0

Living Area 2387 ft2

Property Type Condo

Bedrooms 3

Bathrooms 3

Half Bathrooms N/A

Parking 1

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $64,000

Yearly Expenses $12,240

Property Taxes $8,947

Net Operating Income $42,000

Cap Rate 6.5%

Property Description

A gorgeous beach front NE corner en-unit penthouse condo with an amazing panoramic views of ocean and intercostal. The 2387sfq (2989sqf incl 3 balconies) 18th floor penthouse condo provides a large master suite with a spacious bedroom, double walk in closets, BA has dual metal sinks on granite counter, marble tiled wall/shower and Jacuzzi tub. Master bedroom is facing the ocean. Other 2BRs are facing the intercostal with balcony to enjoy the amazing sunset daily. One of the BR has a built in office desk. 2 additional BAs fully remodeled. 16x32 LFT floor tiles throughout. The community provides a pristine resort life style, including seawater pool, lawn chairs and umbrella, tennis courts, hot tub, kayaks or boat launching, outdoor barbecue, fitness, dry sauna, elevators, social activities. Garage parking plus many free parking on premise.

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