For sale

Price cut: $64K (3/30)

$1,785,000

741 Hernando Street, Fort Pierce, FL 34949

7beds

4baths

3,836sqft

Est.:

Quadruplex, Multi Family, Multi Family

Built in 1986

-- sqft lot

$1,664,500 Zestimate^®

$465/sqft

$-- HOA

What's special

Immediate access to beachesModern finishes throughout

741 Hernando Street presents a unique opportunity to acquire a fully renovated, turnkey multifamily asset located just one block from the Atlantic Ocean on South Hutchinson Island in Fort Pierce, Florida. This four-unit property has been meticulously upgraded to a high standard, offering investors immediate income stability with significant future upside through both long-term and short-term rental strategies. Four-unit configuration: (1) two-bedroom/two-bathroom, (2) two-bedroom/one bathroom units, and (1) one-bedroom/one-bathroom unit Comprehensive interior and exterior renovations, including modern finishes throughout. Enjoy an Irreplaceable island location with immediate access to beaches, dining, and recreational amenities.

177 days

175

3

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4

Heating

Central, Other

Cooling

Central Air, Other

Features

Flooring: Laminate

Interior area

Total structure area: 4,102
Total interior livable area: 3,836 sqft

Video & virtual tour

View virtual tour

Property

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Open, Patio, Screened, Balcony
Exterior features: Balcony, Outdoor Living Area
Has view: Yes
View description: Ocean
Has water view: Yes
Water view: Ocean
Waterfront features: Ocean Access

Lot

Size: 9,147.6 Square Feet
Features: < 1/4 Acre

Details

Parcel number: 240150300920002
Zoning: HIMedi

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family, Multi Family

Materials

Frame
Roof: Composition

Condition

Resale
New construction: No
Year built: 1986

Utilities & green energy

Electric: 3 Phase
Sewer: Public Sewer
Water: Multiple Meters, Public
Utilities for property: Sewer Available, Water Available

Community & HOA

Community

Subdivision: OCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN

HOA

Has HOA: No
Amenities included: None

Location

Region: Fort Pierce

Financial & listing details

Price per square foot: $465/sqft
Annual tax amount: $15,560
Date on market: 10/6/2025
Cumulative days on market: 268 days
Listing terms: Cash,Conventional,Owner Will Carry
Tenant pays: Electricity, Water

Estimated market value

$1,664,500

$1.58M - $1.75M

$4,437/mo

Price history

Date	Event	Price
3/30/2026	Price change	$1,785,000-3.5%$465/sqft
Source: Realtor Association of Indian River County #294158 Report a problem
3/16/2026	Price change	$1,849,000-1.4%$482/sqft
Source: Realtor Association of Indian River County #294158 Report a problem
2/26/2026	Price change	$1,875,000-1.1%$489/sqft
Source: Realtor Association of Indian River County #294158 Report a problem
2/6/2026	Price change	$1,895,000-2.8%$494/sqft
Source: Realtor Association of Indian River County #294158 Report a problem
11/26/2025	Price change	$1,950,000-2.3%$508/sqft
Source: BeachesMLS #RX-11129725 Report a problem
10/6/2025	Listed for sale	$1,995,000-2.6%$520/sqft
Source: BeachesMLS #RX-11129725 Report a problem
9/19/2025	Listing removed	$2,049,000$534/sqft
Source: BeachesMLS #RX-11101480 Report a problem
8/27/2025	Price change	$2,049,000-2.4%$534/sqft
Source: BeachesMLS #RX-11101480 Report a problem
6/21/2025	Listed for sale	$2,099,000+115.3%$547/sqft
Source: BeachesMLS #RX-11101480 Report a problem
6/10/2024	Sold	$975,000-11.4%$254/sqft
Source: BeachesMLS #R10980978 Report a problem
4/28/2024	Pending sale	$1,100,000$287/sqft
Source: BeachesMLS #RX-10980978 Report a problem
4/23/2024	Listed for sale	$1,100,000+295.7%$287/sqft
Source: BeachesMLS #RX-10980978 Report a problem
5/2/2014	Sold	$278,000-8.8%$72/sqft
Source: BeachesMLS #R9981712 Report a problem
2/3/2014	Price change	$304,900+2%$79/sqft
Source: KAREN SELACK #RX-9981712 Report a problem
8/2/2013	Price change	$299,000+1.5%$78/sqft
Source: Ed Schlitt LC #RX-3256925 Report a problem
8/2/2012	Listed for sale	$294,500-1.5%$77/sqft
Source: Coldwell Banker Ed Schlitt, Realtors #R3256925 Report a problem
6/8/2012	Listing removed	$299,000$78/sqft
Source: HOYT C MURPHY, INC. REALTORS #R3256925 Report a problem
2/4/2012	Price change	$299,000-8%$78/sqft
Source: HOYT C MURPHY, INC. REALTORS #R3256925 Report a problem
8/7/2011	Listed for sale	$325,000$85/sqft
Source: Continental Real Estate Group #F1147058 Report a problem