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.
5,644 Sq Ft
0.23 Private Acres Lot Size
commercial
$72 Monthly Tax
Built in 1953
MLS/Listing ID B26045049
2 Stories
12 Units
Construction - Brick
Construction - Stucco
Public Water
Public Sewer
Sewer
Flat Tile
Flat Roof with Facade Front
Built-Up
Heating - Wall Units
Cooling - Wall/window unit(s)
Cooling - Ceiling Fans
Vinyl
Terrazzo
Heating - Electric
Construction - CBS
TOTAL MONTHLY COST
$0
$0
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