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Active Mixed Use
$1,695,000
117 N 5th Street, Fort Pierce FL 34950, Fort Pierce, FL 34950
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1953
Year Built

About This Property

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.

Property Details

Property Type Mixed Use
Days on Market 8 days
HOA Fee None
Parking 14 spaces
Pool No
Waterfront No
Community
Pets Allowed

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Dayron Crespo
Broker Associate

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