Frank Evans - Preferred Properties Int'l Realty, Inc Logo
$1,695,000
( $300.32Per Sq Foot )
 $9,099 est/mo Sourced by Back At You

117 N 5th Street,Fort Pierce, FL 34950

Fort Pierce, FL 34950

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Description

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.

Details

MLS #B26045049
Listing TypeFor Sale
StyleMixeduse
Building NameRoyal Poinciana Building
Sub-TypeResale
StatusActive
Year1953
Days On Site68
Listing Provided ByTotal R E Consultants Inc | Hannah Alexandria McClure

Features

SQ Feet5,644
Story(s)2
Units12
Building(s)1
ZoningC3
Acreage0.23

Exterior

Lot FeaturesLess Than One Acre, Less Than Quarter Acre

Parking

Parking FeaturesAccessible Parking

Taxes

Tax Annual Amount865

Area Information

StateFL
CountySt Lucie
CityFort Pierce
Zip Code34950
Area7070
SubareaSt Lucie County 7060; 7070; 7080; 7090
Listing VS Median (in 34950)
Price:
$1,695,000
low | high
Med:
$172,450
100% of Average
sqft:
5,644
low | high
Med:
928
100% of Average
$ / sqft:
$300
low | high
Med:
$218
77.334193706981% of Average
On site:
68
low | high
Med:
139
48.920863309353% of Average
Sourced by Back At You

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Learn More About This Property

Frank Evans

Frank Evans

Preferred Properties Intl Realty Inc

BK3280715 (954) 684-6157frank@preferredpropertiesint.com
StateFL
CountySt Lucie
CityFort Pierce
Zip Code34950
Area7070
SubareaSt Lucie County 7060; 7070; 7080; 7090
Listing VS Median (in 34950)
Price:
$1,695,000
low | high
Med:
$172,450
100% of Average
sqft:
5,644
low | high
Med:
928
100% of Average
$ / sqft:
$300
low | high
Med:
$218
77.334193706981% of Average
On site:
68
low | high
Med:
139
48.920863309353% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.271M - $2.118M
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
500 S Us Highway 1 Property Photo 1
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500 S Us Highway 1
Fort Pierce, FL 34950
464 N 9th Street Property Photo 1
$649,870
464 N 9th Street
Fort Pierce, FL
464 N 9th Street Property Photo 1
$649,870
464 N 9th Street
Fort Pierce, FL 34950
Listing Updated: July 2, 2026 at 3:40:41 PM PDT

Frank Evans - Preferred Properties Int'l Realty, Inc