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554 SE Oceanspray Terrace, Port St. Lucie, FL 34983 (MLS# R10507399)

554 SE Oceanspray Terrace, Port St. Lucie, FL 34983

$165,500
Property Type: Residential Income Square Footage: 1,655 Status: Closed
Current Price: $165,500 List Date: 3/15/2019 Last Modified: 5/17/2026

Overview

Description

This is a single family house rented to one tenant. It is a rent house and not a duplex. Lease expires 1/31/20. Buyer takes title subject to the lease. Tenant wants to stay for years. Rent is $1,300 / mo or $15,600 / yr. Taxes $2,340, Fire and liability insurance $500, yard maint. $960. Potential to clear $11,800 annually or 7.2% of sales price. Tenant pays all utilities. 2014 remodel with new roof, A/C, kitchen, new shower, bath updates. New tile in dining area. French doors to porch. Good quality windows. Seller to credit buyer $1,000 for worn flooring in living area. Owner/agent is seeking a 1031 exchange or similarly motivated buyer. Seller has transferable home warranty, covers all equipment and appliances, repair or replace. Seller is only considering full price offers.

Supplements: This house is optimized for rental. Rent was $1,150 in 2015, now $1,300, a 13% increase in 4 years. All appliances convey to buyer. Well maintained property, good tenant. Rare two-car garage on a smaller house. Most smaller houses have one-car garages or carports. 200 SF screened porch with kitchen pass-through. Porch roof is part of the house roof ...

Listing Details MLS# R10507399

General Property Information

Number Of Units Total
Yes
Property Sub Type
Duplex
Building Area Main
1655
Building Area Source
Public Records
Living Area Main
954
Year Built
1985
Lot Size Area
10000
Lot Size Acres
0.23
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
Yes
Pool Private YN
No

Property Features

Association Amenities: Boating; Jogging Path Documents Available: Copy Of Lease(s); Service Contracts Electric: Three Phase Fencing: Fenced Flooring: Laminate; Tile Property Condition: Resale Tenant Pays: Cable TV; Electricity; Water Source Of Expenses: Owner Provided Construction Materials: Frame Cooling: Central Air Heating: Central Listing Terms: Other Lot Features: Room for Pool Possession: Subject To Tenant Rights Restrictions: No Restrictions Roof: Composition Sewer: Septic Tank Special Information: Home Warranty; Sold As-Is Tax Information: No Homestead Utilities: Cable Available; Water Available Water Access: None Water Source: Public Window Features: Single Hung Metal Showing Requirements: 24 Hour Notice; Call Listing Agent; Occupied Outdoor Living Spaces: Porch Porch Details: Porch - Screened Unit 1 Parking Features: Open Parking Unit 2 Interior Features: Cathedral/Vaulted Ceiling(s) Contingencies: Appraisal; Financing; Inspection Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
165000

Location and Legal

County Or Parish
St. Lucie
County Parish Name
St Lucie
Street Number
554
Street Direction Prefix
SE
Street Name
Oceanspray
Street Suffix
Terrace
City Name
Port St. Lucie
State Or Province
FL
Postal Code
34983
Postal Zip
34983
Subdivision Name
PORT ST LUCIE SECTION 24
Development Name
River Park
Area
7170
Geographic Area
SL04
Special Assessment YN
No
Parcel Number
342061506270008
Zoning
RS-2
Directions
South on Floresta from Prima Vista to SE Ocean Spray Terrace, west to property. No yard sign on property
Multiple Offers Accepted
No

Financial Information

Tax Annual Amount
2437.55
Tax Year
2018
Tax Legal Description
PORT ST LUCIE-SECTION 24- BLK 393 LOT 20 (MAP 34/28S) (OR 3569-2298)

Status Change Information

Major Change Timestamp
2019-06-02T17:55:14Z
Major Change Type
Status Change
Status Change Date
2019-06-02
Under Contract Date
2019-04-30
Close Date
2019-05-30
Close Price
165500
Buyer Financing
Conventional

More Information

Meter Information

Separate Electric Meters YN
No
Separate Water Meters YN
No

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
3800
Gross Income
15600
Net Operating Income
11800

Unit 1 Details

Actual Rent
1300
Baths Full
2
Furnished
Unfurnished
SqFt
1634

Unit 1 Lease Description

Lease Expiration
2020-01-31

Unit 1 Parking Details

Garage YN
Yes
Attached Garage YN
Yes

Unit 2 Details

Furnished
Unfurnished
Actual Rent
0
SqFt
0

Unit 2 Parking Details

Garage YN
Yes
Attached Garage YN
Yes

Price Calculations

Current Price To SqFt
173.48
Original List Price To Close Price
0.99

Originating Details

Originating System Key
20190223174725419906000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

Boating
Yes
Jogging Path
Yes

Electric

Three Phase
Yes

Flooring

Laminate
Yes
Tile
Yes

Property Condition

Resale
Yes

Special Information

Home Warranty
Yes
Sold As-Is
Yes

Documents Available

Copy Of Lease(s)
Yes
Service Contracts
Yes

Fencing

Fenced
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Water
Yes

Possession

Subject To Tenant Rights
Yes

Sewer

Septic Tank
Yes

Utilities

Cable Available
Yes
Water Available
Yes

Heating

Central
Yes

Water Access

None
Yes

Window Features

Single Hung Metal
Yes

Construction Materials

Frame
Yes

Listing Terms

Other
Yes

Lot Features

Room for Pool
Yes

Roof

Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Central Air
Yes

Showing Requirements

24 Hour Notice
Yes
Call Listing Agent
Yes
Occupied
Yes

Restrictions

No Restrictions
Yes

Tax Information

No Homestead
Yes

Outdoor Living Spaces

Porch
Yes

Porch Details

Porch - Screened
Yes

Contingencies

Appraisal
Yes
Financing
Yes
Inspection
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 2 Interior Features

Cathedral/Vaulted Ceiling(s)
Yes

Unit 3 Details

Actual Rent
0
SqFt
0

Unit 4 Details

Actual Rent
0
SqFt
0

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Southdale Properties Inc.
IDX
Last Updated: May - 17 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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