1215 Hartman Rd Immeuble residentiel 11 lots 1 192 950 € (108 450 €/Lot) Taux de capitalisation 5,61 % Fort Pierce, FL 34947

Investor opportunity in the heart of Fort Pierce! 1215 Hartman is a mid-century modern, 11-unit concrete block apartment community situated on nearly an acre. This historically stable asset includes eight space-efficient 1BRs, a large 1BR with 2BR conversion potential, and two oversized 2BR/1BA units easily reconfigurable as 3BRs—each with its own private courtyard. The entire exterior has just been freshly painted, and a light renovation blueprint—recently completed on Unit 6—is ready to scale. With tenants covering utilities and near 100% occupancy for over three years, new ownership can unlock 8%+ returns through market rent growth and utility chargebacks. Minutes from beaches, parks, and downtown, 1215 Hartman delivers lifestyle appeal and cash-flow strength—ideal for yield-driven and value-add investors alike.
Investment Highlights:
Consistently near 100% occupancy for 3+ years
Recently painted exterior and upgraded unit (template for renovation)
Tenants pay utilities; opportunity for RUBS implementation
Significant upside via rent growth and unit reconfiguration
Prime central Fort Pierce location near I-95, beaches, and downtown
Projected 8%+ CAP rate with minimal CAPEX
Private courtyards in large units