For SaleMixed UseActive
117 N 5th Street
Fort Pierce, FL 34950
$1,645,990
120 Days On Site
- 5,500Sq Ft
- $299Per Sq Ft
- 0.12Acres
- 1953Built
- County
- St Lucie
- MLS®
- O6425092
Overview
*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.
Listing Snapshot
- Price
- $1,645,990
- Days On Site
- 120 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 5,500 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.12 Acres
- Year Built
- 1953
- MLS® Number
- O6425092
- Status
- Active
- Property Tax
- $11,392 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Owner
Property Details
General Features
7 items
- Acres
- 0.12
- Foundation
- Brick/Mortar, Other
- Levels
- Two
- Number Of Stories
- 2
- Property Sub Type
- Mixed Use
- SqFt Total
- 5,500
- Zoning
- GENERAL CO
Interior Features
1 item
- Cooling
- Wall/Window Unit(s)
Exterior Features
1 item
- Construction Details
- Brick, Concrete, Stucco
Community Features
3 items
- MLS Area
- 34950 - Fort Pierce
- Township
- 35
- Roads
- Asphalt
Location
117 N 5th Street, Fort Pierce, FL 34950 · 34950 - Fort Pierce
Neighborhood & Commute
ZIP Code 34950
- Median household income
- $33,064
- Income per person
- $17,186
- Households
- 7,246
- Average household size
- 2.64
- Median age
- 34.9
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Price changed to $1,645,990
- Listing first seen on site
- Status changed to Active