$ 1,695,000
-
$1,695,000
Price -
0
Bed -
0
Bath -
5,644
SqFt
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About the Listing TREC01 - 276806638
Fully leased Downtown Fort Pierce mixed-use investment opportunity featuring approx. 5,500 SF with 12 total units: 6 ground-floor office suites and 6 second-floor apartments. Residential mix includes 2 one-bedroom/one-bath units and 4 updated studio apartments. 7.1% cap rate at the $1,695,000 asking price. Updated apartment interiors, office income, on-site parking, and strong downtown location near waterfront, marina, dining, arts, and local amenities. Please do not disturb tenants. Royal Poinciana Building offers diversified income from both residential and office tenants. The upstairs residential component includes updated studio and one-bedroom interiors with renovated bathrooms, kitchenettes, tile/plank-style flooring, and utility-inclusive rents. The first-floor office component includes 6 professional office suites with shared restroom and kitchenette amenities. Strong stabilized income with future rent upside through continued rent optimization.
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Wall/Window Unit(s)
- Heating: Electric,Wall Furnace
- Fireplaces:
- Floor: Terrazzo,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: < 1/4 Acre
- Garage Capacity: N/A
- Parking Spaces: 14
- Zoning: C3
- Roof: Built-Up,Flat
- Others:
- Sewer: Public Sewer
- Parking Features: Accessible Parking
Financial Details
- Tax Amount: $866
- Taxes w/Assessments: N/A
- Tax/Property ID: 241060700020002
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
117 N 5th St Fort Pierce, FL
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