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1109 Colonial Road # B, Fort Pierce FL 34950

Multi-family For Sale
$299,000

BTC: 4.71608833

ETH: 157.15006517

3 days
0 room(s)
1,600 sqft

Overview

Now offered with exceptional seller financing at a below-market 5.5% interest rate with just 15% down! Whether you're looking to grow your investment portfolio or purchase your first income-producing property, this is an outstanding opportunity. This well-maintained 1920s duplex in Fort Pierce has been consistently occupied by the same reliable, on-time paying tenants since 2022, providing immediate rental income. Each unit has its own electric meter, with one shared water meter, plus a shared washer and dryer located behind the building. Recent improvements include a new roof (2020), most windows replaced (2021), renovated interiors in both units, including one with a newer kitchen and A/C units and the other featuring a brand-new bathroom. The most recent 4-point inspection reported no deficiences. A charming covered front porch adds to the property's historic character and curb appeal. Don't miss this turnkey investment opportunity!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1925
Lot:
0.17 Acres
Heating:
None
Price/sqft:
$187
Cooling:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$5,220
2025
View
Garden
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    • Wood

    Heating

    • None

    Cooling

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

  • Property

    • Levels: 1

    • Exterior Features: None

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 241560103890005

    • Zoning: SF Interme

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $5,220

  • Source details

    • MLS ID: B26055298

    Other facts

    • Construction Materials: CBS Construction / Stucco

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre

    • Patio And Porch Features: Patio

    • Other Structures: Utility Room Outside

    • Architectural Style: Twin Home / Half Duplex / One Story / Twin Homes

    • Living Area: 1600

    • Water Source: Public

    • Subdivision Name: PINEWOOD SUBDIVISION

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. 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: Rook Realty LLC