FORT PIERCE, FL 34950 2050 OLEANDER BOULEVARD #5-202 #10-106 #10-203
$590,000
42 more
Presented By: LA ROSA RTY WINTER GARDEN LLC with 407-614-5158. - 407-614-5158
Beds • 6602
Baths • 6602
SQFT • 5,588
Home Details
"STRATEGIC INVESTMENT OPPORTUNITY. Exceptional portfolio of 7 units for sale at the sought-after Island House Condominiums. This package offers a rare opportunity for investors to acquire a significant footprint within a stable, high-demand rental community in Fort Pierce. Units are well-maintained and feature functional layouts, perfect for long-term tenants. Centrally located minutes from River State College, shopping centers, and major transport links. The association covers water, exterior maintenance, and interior plumbing, simplifying management. A key advantage for the future owner: each unit carries its own unique Tax ID and legal description. This provides maximum flexibility to finance or sell units individually, allowing for a quick cash-out strategy or staggered divestment. Ideal for portfolio growth or 1031 Exchange. DO NOT DISTURB TENANTS. Financials available upon request."This property is part of a 7-property portfolio. Can be sold together or individually. See MLS#s #O6376625 #O6376666 #O63776675 #O6376684 #O6376690 #O6376693 #O6376698
Presented By: LA ROSA RTY WINTER GARDEN LLC with 407-614-5158. - 407-614-5158
Interior Features for 2050 OLEANDER BOULEVARD #5-202 #10-106 #10-203
Bedrooms
Total Bedrooms6602
Bathrooms
Total Baths6602
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesOpen Floorplan
Laundry FeaturesCommon Area
General for 2050 OLEANDER BOULEVARD #5-202 #10-106 #10-203
Additional Parcels Y/NNo
Assoc Fee Paid PerMonthly
Association NameParadise Association Management/ Stephanie Hudson
Building Area UnitsSquare Feet
Carport Y/NNo
CityFORT PIERCE
Construction MaterialsStucco
CoolingCentral Air
CountySt Lucie
DirectionsFrom I-95, take Exit 129 for FL-70 E/Okeechobee Rd, turn right onto S 25th St, then turn left onto Oleander Blvd to reach Island House Condominiums; once at the complex, you must enter exclusively through Gate #1 and proceed to the Buildings.
DockY/NNo
Flood Zone CodeX
Flood Zone Code XY
Garage Y/NNo
Gross Income118990
HOA Fee$4380
HeatingCentral, Electric
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionISLAND HOUSE CONDOMINIUM PHASE II BLDG V APT 202 AND PRO-RATA SHARE IN COMMON ELEMENTS (OR 3855-1002; 3941-411) /ISLAND HOUSE CONDOMINIUM-PHASE III (BLDG X) UNIT 106 (OR 3661-115: 3896-46) /ISLAND HOUSE CONDOMINIUM-PHASE III (BLDG X) UNIT 203 / ISLAND HOUSE CONDOMINIUM-PHASE III (BLDG X) UNIT 206 (OR 3731-1679: 3913-1307) /ISLAND HOUSE CONDOMINIUM-PHASE III BLDG XI- UNIT 108 /ISLAND HOUSE CONDOMINIUM PHASE IBLDG IV APT 203 (OR 3859-2801) /ISLAND HOUSE CONDOMINIUM PHASE IBLDG II APT 104 (OR 3658-2286: 3885-1147)
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet
MLS Area34950 - Fort Pierce
Minimum Lease8-12 Months
Monthly HOA Amount4380
New ConstructionNo
Number Of Units Total7
Occupancy TypeTenant
Ok to Lease12 Months
OwnershipFee Simple
Pet Size LimitMedium (36-60 Lbs.)
Pets AllowedSize Limit
PossessionClose Of Escrow
Property Attached Y/NNo
Property ConditionCompleted
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameISLAND HOUSE CONDO PH II
Tax Annual Amount13212
Tax Lot202
Tax Year2025
Tenant PaysElectricity, Sewer, Trash Collection
Total Actual Rent10165
Unit Number#5-202 #10-106 #10-203
UtilitiesCable Available, Electricity Available, Sewer Connected, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1976
ZoningHIGH DESIT
Exterior for 2050 OLEANDER BOULEVARD #5-202 #10-106 #10-203
Building Area Total5588
Exterior AmenitiesSidewalk
Foundation DetailsSlab
Lot Size Acres
Number of Buildings5
Private PoolNo
Road Surface TypeAsphalt
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Aubrey Bridges
Broker Associate
