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117 N 5TH STREET

Commercial For Sale
$1,695,000

BTC: 26.48437500

ETH: 1,062.90250770

New
0 room(s)
5,500 sqft

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. 7.1 cap rate at the $1,695,000 asking price. Please do not disturb tenants.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1953
Lot:
0.12 Acres
Heating:
No Data
Price/sqft:
$308
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$11,392
2025
All facts and features
  • Cooling

    • Wall/Window Unit(s)

  • Property

    • Levels: Two

    Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 241060700020002

    • Zoning: GENERAL CO

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $11,392

  • Source details

    • MLS ID: O6425092

    Other facts

    • Construction Materials: Brick / Concrete / Stucco

    • Foundation Details: Brick/Mortar / Other

    • Living Area: 5500

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: TOTAL R E CONSULTANTS INC