$1,645,990
Active117 N 5th St, Fort Pierce, FL 34950
5,500 sq ft
Listing courtesy of TOTAL R E CONSULTANTS INC · MLS# O6425092
106 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this property
*Please do not disturb tenants.* MIXED-USE INVESTMENT OPPORTUNITY |The Royal Poinciana Building located in downtown Fort Pierce is a mixed-use freestanding building featuring approx. 5,500+/- SQFT with 12 total units. Diversified income opportunity from both office and residential tenants. Strong downtown location near waterfront, marina, dining, arts, and local amenities with plenty of on-site parking. Layout: 6 ground-floor office suites and 6 second-floor apartments. Residential mix includes 2 one-bedroom/one-bath units and 4 updated studio apartments. 1st Floor: The 6 professional office suites included shared restroom and kitchenette amenities. Strong stabilized income with future rent upside through continued rent optimization. 2nd Floor: The 6 residential components include updated studio and one-bedroom interiors with renovated bathrooms, kitchenettes, tile/plank-style flooring, and utility-inclusive rents. 7.34 cap rate at current asking price. Please do not disturb tenants.
Facts
- Property type
- Mixed Use
- Year built
- 1953
- Flood zone
- X
- Annual taxes
- $11,392/yr
- Listed
- Jul 13, 2026
- MLS #
- O6425092
Commercial details
Building & site
- Building size
- 5,500 SF
- Lot size
- 0.12 acres (10,019 SF)
- Zoning
- GENERAL CO
- Road frontage
- Access Road, Business District
- Buildings
- 1
Investor metrics
- Price per SF (MLS)
- $299.27/SF
- Cap rate
- 7.1%
- Units
- 12
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.
Price & status history
- Listed for $1,695,000
- Price reduced to $1,645,990
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117 N 5th St, Fort Pierce, FL 34950
Listing courtesy of TOTAL R E CONSULTANTS INC · MLS# O6425092 · Active
Where this property is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
