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$ 1,695,000
Est. payment /mo
New
117 N 5TH ST Fort Pierce, FL 34950
5,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $308
MLS Listing ID O6425092
HOA Y/N No
Year Built 1953
Annual Tax Amount $11,392
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
*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.
7.1 cap rate at the $1,695,000 asking price.
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.
7.1 cap rate at the $1,695,000 asking price.
Please do not disturb tenants.
Location
State FL
County St Lucie
Area 34950 - Fort Pierce
Zoning GENERAL CO
Interior
Cooling Wall/Window Unit(s)
Exterior
Water Access No
Building
Story 2
Entry Level Two
Foundation Brick/Mortar, Other
Lot Size Range 0 to less than 1/4
Structure Type Brick,Concrete,Stucco
New Construction false
Others
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6425092
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Joe Pelayo TOTAL R E CONSULTANTS INC
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