FL Real Estate & Homes • (561) 835-5400Mortgage Title List & Sell for 1% Get Home Value
$1,695,0002 days on marketActive

117 N 5th Street, Fort Pierce, FL

Fort Pierce, FL
0
Sq Ft
1953
Year Built
0.23 acres
Lot Size

Listing Snapshot

List Price$1,695,000
Beds0
Baths0
Living Area0 sqft
Lot Size0.23 acres
Year Built1953
Property Tax$865.94/yr
HOA / Condo Fee$0
MLS #1175992740
StatusActive
Days on Market2

About This Home

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.

General Features

Property Type
CommercialSale
Sub-type
MixedUse
Stories
2
Parking Spaces
14
Parking
AccessibleParking
Zoning
C3
Security
SmokeDetectors,SecurityLights
Utilities
CableAvailable,ElectricityAvailable,WaterAvailable

Interior Features

Flooring
Terrazzo,Vinyl
Heating
Electric,WallFurnace
Cooling
CeilingFans,WallWindowUnits

Exterior Features

Construction
Brick,Block,Stucco
Roof
BuiltUp,Flat
Lot Features
LessThanQuarterAcre

Community Features

Association Dues
$0
MLS Area
7070

Map

Virtual Tour

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Listed by Hannah McClure · Total R E Consultants Inc
MLS# 1175992740 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $1,356,000

%
Est. Monthly$9,322
Principal & Interest$9,250
Property Tax$72

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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