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723 S 7th Street, Fort Pierce, FL 34950 (MLS# R3190223)

723 S 7th Street, Fort Pierce, FL 34950

$85,000
Property Type: Residential Income Square Footage: 9,116 Status: Closed
Current Price: $85,000 List Date: 4/15/2011 Last Modified: 5/17/2026

Overview

Description

GREAT RENTAL INCOME POTENTIAL. NEED SOME HANDY MAN WORK ON SOME OF THE UNITS. OTHERS HAVE BEEN REMODELED. HISTORIC EIGHT 1 BDRM APTS + 8 GARAGES & 8 STORAGE UNITS. 3/1 HOUSE. HOUSE HAS BEEN PARTIALLY REMODELED. GOOD CENTRAL FORT PIERCE LOCATION THAT IS UNDERGOING A LOT OF REJUVENATION. EACH APT HAS IT'S OWN ELECTRIC METER. HOUSE HAS A METER & THERE IS 8 METERS FOR THE APTS. NEEDS APROX. $80K TO REMODEL 2 UNITS IN APARTMENTS AND HOUSE NEEDS A KITCHEN. BUYER TO ASSUME OPEN PERMITS AT CLOSING

Listing Details MLS# R3190223

General Property Information

Number Of Units Total
9
Building Area Main
9116
Living Area Main
8716
Year Built
1951
Lot Size Dimensions
144X120X160
Senior Community YN
No
Stories
2
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: None Electric: Three Phase Exterior Features: None Flooring: Ceramic Tile; Wood Special Listing Conditions: Short Sale Tenant Pays: Electricity Source Of Expenses: Owner Provided Construction Materials: CBS; Frame; Stucco; Mixed Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional Lot Features: Corner Lot Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: Public Road Road Surface Type: Paved Roof: Composition Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Utilities: Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Call Listing Agent; Occupied Occupant Details: Tenant Occupied Unit 1 Other Equipment: Smoke Detector(s) Unit 1 Parking Features: Open Parking Unit 2 Other Equipment: Smoke Detector(s) Unit 2 Parking Features: Open Parking Unit 3 Other Equipment: Smoke Detector(s) Unit 3 Parking Features: Open Parking Unit 4 Other Equipment: Smoke Detector(s) Unit 4 Parking Features: Open Parking Contingencies: 3rd Party Approval Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
295013

Location and Legal

Country
United States
County Or Parish
St. Lucie
County Parish Name
St Lucie
Street Number
723
Street Direction Prefix
S
Street Name
7th
Street Suffix
Street
City Name
Fort Pierce
State Or Province
FL
Postal Code
34950
Postal Zip
34950
Subdivision Name
Nebraska Court
Area
7080
Geographic Area
SL07
Parcel Number
241071000010002
Zoning
R1
Directions
FROM US 1, W ON GEORGIA TO S. 7TH
Multiple Offers Accepted
No

Financial Information

Tax Annual Amount
5605
Tax Year
2012
Tax Legal Description
Nebraska Court Lot:1 Blk:1 Lot SqFt:19320 Frontage: Depth:

Status Change Information

Major Change Timestamp
2013-02-04T20:37:00Z
Major Change Type
Contingency
Price Change Timestamp
2011-08-19T15:37:00Z
Status Change Date
2013-03-01
Under Contract Date
2013-02-25
Close Date
2013-02-27
Close Price
85000
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Short Sale Details

Hardship Package
Complete
Short Sale Addendum
Yes

Income and Expenses

Annual Total Expense
12800
Gross Income
4500
Net Operating Income
10800

Unit 1 Details

Baths Full
Yes
Furnished
Unfurnished
SqFt
1180
Actual Rent
0

Unit 2 Details

Actual Rent
450
Baths Full
Yes
Furnished
Unfurnished
SqFt
942

Unit 3 Details

Baths Full
Yes
Furnished
Unfurnished
SqFt
942
Actual Rent
0

Unit 4 Details

Baths Full
Yes
Furnished
Unfurnished
SqFt
942
Actual Rent
0

Price Calculations

Current Price To SqFt
9.75
Original List Price To Close Price
3.47

Originating Details

Originating System Key
20130214045201474405000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Electric

Three Phase
Yes

Exterior Features

None
Yes

Flooring

Ceramic Tile
Yes
Wood
Yes

Special Information

Sold As-Is
Yes

Special Listing Conditions

Short Sale
Yes

Documents Available

None
Yes

Tenant Pays

Electricity
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes
Frame
Yes
Stucco
Yes
Mixed
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Corner Lot
Yes

Road Frontage Type

Public Road
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Central Air
Yes

Showing Requirements

Call Listing Agent
Yes
Occupied
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Occupant Details

Tenant Occupied
Yes

Contingencies

3rd Party Approval
Yes

Unit 1 Other Equipment

Smoke Detector(s)
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 2 Other Equipment

Smoke Detector(s)
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 3 Other Equipment

Smoke Detector(s)
Yes

Unit 3 Parking Features

Open Parking
Yes

Unit 4 Other Equipment

Smoke Detector(s)
Yes

Unit 4 Parking Features

Open Parking
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
Listing Office: Coldwell Banker Paradise
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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