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2050 OLEANDER BOULEVARD #5-202 #10-106 #10-203 Fort Pierce, FL $ 590,000
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2050 OLEANDER BOULEVARD #5-202 #10-106 #10-203
$ 590,000
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2050 OLEANDER BOULEVARD #5-202 #10-106 #10-203

Fort Pierce, FL, 34950
$ 590,000
Bedrooms6602 Baths6602.0 Sq 5,588

Monthly Estimate*

$ 3,633

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Multi-Family Home for sale in Fort Pierce, FL

for $590,000 with 6602 bedrooms and 6602 full baths. This 5,588 square foot home was built in 1976.

"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

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Multi-Family Active

Price

$ 590,000

Bedrooms

6602

Full Bath

6,602

Property Type

Multi-Family

Taxes

$ 13,212

Style

Year Built

1976

Town/City

Fort Pierce

County/Region

Saint Lucie

MLS | Web ID

O6376704
Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Available Electricity Available Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Zoning HIGH DESIT
HOA Fee 4380
Construction Materials Stucco
Pets Allowed Size Limit
Year Built 1976
Tenant Pays Electricity Sewer Trash Collection
Unit Number #5-202 #10-106 #10-203
Tax Year 2025
Ownership Fee Simple
Gross Income 84240
Assoc Fee Paid Per Monthly
County St Lucie
New Construction false
Property Type Residential Income
Subdivision Name ISLAND HOUSE CONDO PH II
Garage Y/N false
Status Active
Directions From 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.
City FORT PIERCE
Association Name Paradise Association Management/ Stephanie Hudson
Senior Community Y/N false
Number Of Units Total 7
MLS Area 34950 - Fort Pierce
Lot Size Square Feet 0
Carport Y/N false
Listing Terms Cash Conventional
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 13212
Property Condition Completed
Ok to Lease 12 Months
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6376704
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 202
Total Actual Rent 10165
Legal Description ISLAND 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)
Pet Size Limit Medium (36-60 Lbs.)
Minimum Lease 8-12 Months
Water Access Y/N false
Monthly HOA Amount 4380
Water View Y/N false
Flood Zone Code X
DockY/N false
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Interior
Interior Amenities Open Floorplan
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Total Bedrooms 6602
Total Baths 6602
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Exterior
Exterior Amenities Sidewalk
Water Source Public
Foundation Details Slab
Number of Buildings 5
Spa false
Building Area Total 5588
Lot Size Acres 0
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
La Rosa Rty Winter Garden Llc

Broker

rosanapenzopacini@gmail.com

Email

Affordability Calculator

$4,734
Per Month
77%
23%
0%
Monthly Principal & Interest
$3,633
Monthly Property Taxes
$1,101
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/25/2026$590,000 Listed Price

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2050 OLEANDER BOULEVARD #5-202 #10-106 #10-203, Fort Pierce, FL, 34950 is a Multi-Family Home for sale at $590,000 with 5,588 sqft. 2050 OLEANDER BOULEVARD #5-202 #10-106 #10-203 has 6602 bedrooms, 6602.0 baths, and was built in 1976. The property's zip code is 34950 which is in Fort Pierce, FL

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