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multi family homes for sale stuart florida “8 units”

$ 595,000 - sold

1462 NE Elizabeth St Jensen Beach, FL, Jensen Beach

Property Description

Elizabeth street is a .5 Acre of multi family/commercial property. The building is CBS with a newer roof, windows and all units have been upgraded. The units are oversized 1/1s and rents are below market. Elizabeth has great exposure because the property is a corner lot with frontage on Dixie Hwy. Parks, shopping, Saint Lucie river, bowling, boat dock and many other recreational activities are in walking distance. Elizabeth street is in the CRA redevelopment plan; therefore, would be perfect for assisted living, professional office and many other possible uses. The property can be developed up to three stories. The bottom floor can be commercial/office, second floor office, third floor residential. Elizabeth street has the potential of becoming a cash cow! “multi family homes for sale stuart florida”