1840 Joyful Circle
Fort Pierce, FL 34947
Outer Fort Pierce
$15,635,000 USD
Apartments For Sale • 285,505 SF
Property Details
- Property Type Apartments
- Total Building Size 285,505 SF
- Lot Size 14.7 AC
- Building Class B
- Year Built 2025
- Cap Rate 6.94 %
- Zoning R-3
0
Transit Score
6
Walk Score
Highlights
| Customizable Portfolio Size: Investors can acquire anywhere from 8 to 145 units, tailoring the opportunity to specific investment goals. |
| Private Home Rents Starting at $2,600/Month ($2,700/Month for Premium Units): Competitive rental rates in a growing market deliver strong cash flow. |
| Low HOA Fees: Affordable fees to Master HOA of $40/Month include pool, landscaping, exterior maintenance, irrigation, roof care, and painting, etc. |
| Onsite Management and Leasing: Professional property management and onsite leasing services, ensuring a seamless experience for owner and tenants. |
| Builder Warranties: Comprehensive builder warranties provide peace of mind and reduce long-term maintenance costs. |
| Bulk Discounts Available: All Reasonable Terms Considered. Brokers Protected. |
Financial Summary (Proforma)
Net Operating Income: $1,080,563 USD (2026)
| Cap Rate: | 6.94 % |
| Total Expenses: | $574,275 USD |
Amenities
- 24 Hour Access
- Air Conditioning
- Cable Ready
- Clubhouse
- Dishwasher
- Disposal
- Fitness Center
- Microwave
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Washer/Dryer
- Pet Play Area
- Trash Pickup - Curbside
- Ceiling Fans
- Double Vanities
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Ice Maker
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Carpet
- Storage Space
- Pond
- Attic
- Deck
- Den
- Dining Room
- Double Pane Windows
- Framed Mirrors
- Freezer
- Island Kitchen
- Linen Closet
- Pantry
- Patio
- Window Coverings
- Quartz Countertops
Parking Details
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
Brad Kuskin
GoCommercial
Brad Kuskin
GoCommercial