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511 Texas Court

Fort Pierce, FL 34950

8 beds
3 baths
2,835 sqft
9,000 sqft lot
$201 per sqft
1905 build
– on site

Incredible Triplex Opportunity in Fort Pierce!! 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-bedroom, $900 for a 2-bedroom, and $1,250 for a 3-bedroom unit, the property generates $3,150 per month in rental income. Based on comparable market rates, there is an opportunity to increase the rental income to $4,000–$4,100 per month, providing great potential for higher returns. 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

Listing courtesy of STELLAR_MLS / RICHARD PETERS REALTY LLC

Last checked: Checking… • Last updated Feb 24, 2025 •

MLS# TB8353000 —

The Building

Year Built:

1905
New Construction:

false
Construction Materials:

Vinyl Siding
Levels:

One
Roof:

Metal
Foundation Details:

Slab
# of Buildings:

3
Building Area Units:

Square Feet

Interior

Interior Features:

Ceiling Fan(s)
Fireplace:

false

Room Dimensions

Living Area:

2835
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Head north on S 23rd St toward Ave D. Turn left onto Avenue D. Continue for about 0.4 miles. Turn right onto S 11th St and continue for about 0.3 miles. Turn left onto Texas Ct. You should arrive at 511 Texas Ct in Fort Pierce.
Latitude:

27.442671
Longitude:

-80.336321
Coordinates:

-80.336321, 27.442671

The Property

Parcel Number:

240982300560005
Property Type:

Residential Income
Property Subtype:

Triplex
Lot Size Acres:

0.21
Lot Size Area:

9000
Lot Size SqFt:

9000
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

MEDIUM DEN
View:

false
Exterior Features:

Sidewalk
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12111C0179K
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

11
Tax Block:

6
Tax Legal Description:

CRAMER S ADDITION BLK 6 S 90 FT OF LOTS 11 AND 12
Tax Book Number:

2-10
Tax Annual Amount:

6939

Beds

Bedrooms Total:

8

Baths

Total Baths:

3

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8353000
Special Listing Conditions:

None

Heating & Cooling

Heating:

Wall Units / Window Unit
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Laundry Features:

Laundry Room

The Community

Subdivision Name:

CRAMERS ADD
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/24/25 Feb 24, 2025	Price Changed	STELLAR_MLS	$569,999	-0.9%
2/20/25 Feb 20, 2025	Listed / Active	STELLAR_MLS	$574,999	91.7% (47.9% / YR)
3/24/23 Mar 24, 2023		BMLS	$300,000

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This multifamily located in Fort Pierce, FL 34950 is currently for sale for $569,999. 511 Texas Court is a 2,835 square foot multifamily with 8 beds and 3 baths that has been on Estately for 4 days.

Listing Courtesy of: STELLAR_MLS and RICHARD PETERS REALTY LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.