About This Home
This 0-bedroom, 0-bathroom single family at 117 N 5th Street in Fort Pierce, FL is listed for $1,695,000 ($300 per sqft). Built in 1953, the home offers 5,644 sqft of living space on a 0.23 acres lot.
Key Features
- Built in 1953
- 0.23 acre lot
- 2 stories
- 14 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$9,065/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
117 N 5th Street
Fort Pierce, FL
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom single family at 117 N 5th Street is listed at $1,695,000 ($300/sqft). The estimated monthly payment is $9,065 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1953, 0.23 acre lot, 2 stories, 14 parking spaces.
This property is listed by Hannah Alexandria McClure and can be reached at 7722379002.