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Contemporary, Ranch, Traditional

1124 SE Ladner Street

Port St Lucie, FL 34983

MLS#: R11104089

$434,000

Status: Active
Listing number: R11104089
Listing provided by: Illustrated Properties
Listing agent phone: None
Last update: 12 hours ago
On site: 10 months ago
Browse Properties
PORT ST LUCIE SECTION 1 - Residential

Property

Beds

3

Full Baths

2

1/2 Baths

None

Year Built

1989

Sq.Footage

1,448

Now tenant occupied and income-producing! This updated pool home is currently leased at $2,950/month beginning 06/01/2026, offering immediate rental income potential for investors. Previously tenant-occupied, the property was fully restored and refreshed prior to the new lease. Features include a brand new 2024 roof, full accordion hurricane shutters, screened-in pool area, and a large fenced backyard with plenty of space for entertaining or pets. Functional layout with spacious living areas. Projected gross annual income of approximately $35,400/year. Estimated cap rate in the 5% range based on current operating assumptions, with annual taxes approximately $6,200 and insurance approximately $4,000. No HOA or management company. Conveniently located near major roadways!

Features & Amenities

Interior

  • Other Interior Features

    Breakfast Bar, Entrance Foyer, High Ceilings, Pantry, Storage, Walk-In Closet(s)

  • Total Bedrooms

    3

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Main Level Bedrooms

    3

  • Pet friendly

    Yes

Exterior

  • Garage

    Yes

  • Garage spaces

    1

  • Construction Materials

    Block, Concrete, Stucco

  • Other Exterior Features

    Courtyard, Garden

  • Parking

    Attached, Concrete, Driveway, Garage, Garage Door Opener

  • Patio and Porch Features

    Porch, Patio, Screened, Terrace

  • Pool

    Yes

  • Pool Features

    Fenced, Gunite, In Ground, Private, Screen Enclosure, Solar Heat

  • Waterfront YN

    NO

  • View

    City, Garden, Pool

Area & Lot

  • Lot Features

    Landscaped, Garden

  • Lot Size(acres)

    0.23

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Contemporary, Ranch, Traditional

Price

  • Sales Price

    $434,000

  • Tax Amount

    $6,172.12

  • Sq. Footage

    1, 448

  • Price/SqFt

    $299

HOA

  • Association

    No

School District

  • Elementary School

    Savanna Ridge

  • Middle School

    Northport K-8

  • High School

    St. Lucie West Centennial

Property Features

  • Stories

    1

  • Foundation Details

    Block, Slab

  • Senior Community YN

    NO

  • Sewer

    Septic Tank

  • Water Source

    Public

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Location

County

St Lucie

Elementary School

Savanna Ridge

Middle School

Northport K-8

High School

St. Lucie West Centennial

Listing Courtesy of Pablo Nobre P.A. , Illustrated Properties

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Agent Ashley Baillio

FOUNDER

Ashley Baillio

Call Ashley today to schedule a private showing.

(561) 609-2391

franko+southflorida@init.hr


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Now tenant occupied and income-producing! This updated pool home is currently leased at $2,950/month beginning 06/01/2026, offering immediate rental income potential for investors. Previously tenant-occupied, the property was fully restored and refreshed prior to the new lease. Features include a brand new 2024 roof, full accordion hurricane shutters, screened-in pool area, and a large fenced backyard with plenty of space for entertaining or pets. Functional layout with spacious living areas. Projected gross annual income of approximately $35,400/year. Estimated cap rate in the 5% range based on current operating assumptions, with annual taxes approximately $6,200 and insurance approximately $4,000. No HOA or management company. Conveniently located near major roadways!

1124 SE Ladner Street

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