117 N 5th Street, Fort Pierce FL 34950
Fort Pierce, FL 34950
Description of 117 N 5th Street, Fort Pierce FL 34950
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.
Property Details for 117 N 5th Street, Fort Pierce FL 34950
- Flooring
- Terrazzo, Vinyl
- Heating
- Electric, Window/Wall
- Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
- Pool Private
- No
- Year Built Details
- Newly Updated/Renovated
- Property Condition
- Substantially Remodeled, Updated/Remodeled, Completely Renovated
Building Information for 117 N 5th Street, Fort Pierce FL 34950
- Building Area Total
- 5644
- Building Area Units
- Square Feet
- Stories
- 2
- Stories Total
- 2
- Association
- No
- Association Fee
- 0
- Security Features
- Smoke Alarm, Smoke Detector(s), Smoke Detector, Security Lights
Property Information for 117 N 5th Street, Fort Pierce FL 34950
- Lot Features
- Less Than 1/4 Acre Lot, Less Than 1 Acre
- Lot Size Square Feet
- 10,019
- Waterfront
- No
- View
- No
- Construction Materials
- Brick, CBS Construction, Stucco
- Roof
- Built-Up, Flat Tile, Flat Roof With Facade Front
- Sewer
- Public Sewer, Public Sanitation, Sewer
- Water Source
- Public
- New Construction
- No
Public Records for 117 N 5th Street, Fort Pierce FL 34950
- Parcel Number
- 241060700020002
- Tax Annual Amount
- $865
- Tax Year
- 2,025
- Tax Legal Description
- AMENDED PLAT OF BLK 2 OF RE-S/D OF RECEIVER`S S/D THAT PART OF LOTS 1 AND 2 AS DESC IN DBK 171-155 AND ALL LOT 3 AMENDED PLAT OF BLK 2 OF RE
- Zoning
- C3
- County Or Parish
- St Lucie County
Location
117 N 5th Street, Fort Pierce FL 34950
More information about 117 N 5th Street, Fort Pierce FL 34950
117 N 5th Street is a mixed use for sale in Fort Pierce, FL 34950. This property was listed for sale on June 24, 2026 by Total R E Consultants Inc, it's currently listed at $1,695,000. This listing's school district is St Lucie County Public Schools. 117 N 5th Street is a 0-bath mixed use built in 1953.