117 N 5th Street Fort Pierce, FL $ 1,695,000
117 N 5th Street
$ 1,695,000
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117 N 5th Street

Fort Pierce, FL
$ 1,695,000
Bedrooms-- Baths-- Sq 5,644

Monthly Estimate*

$ 10,702

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Commercial Property for sale in Fort Pierce, FL for $1,695,000. This 5,644 square foot building was built in 1953 on a lot size of 0.23.

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.

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Commercial Active

Price

$ 1,695,000

Property Type

Commercial

Taxes

$ 865

Style

Lot Size

0.23

Year Built

1953

Town/City

Fort Pierce

County/Region

St Lucie

MLS | Web ID

B26045049

Features
General
Sewer Public Sewer
Heating Electric Wall Furnace
Cooling Ceiling Fan(s) Wall/Window Unit(s)
Utilities Cable Available Electricity Available Water Available
Possession Close Of Escrow Subject To Tenant Rights
Roof Built-Up Flat
HOA Fee 0
Security Features Smoke Detector(s) Security Lights
Construction Materials Brick Block Stucco
Year Built 1953
Electric 100 Amp Service Separate Meters 220 Volts
Stories Count 2
Levels Two
Property Subtype Mixed Use
Tax Year 2025
Building Name Royal Poinciana Building
Accessibility Accessibility Features
County St Lucie
New Construction false
Property Type Commercial Sale
Status Active
Directions From US-1 head east on Orange Avenue turn north on N 5th Street. Property is located on the east side of N 5th Street in Downtown Fort Pierce.
City Fort Pierce
Number Of Units Total 12
MLS Area 7070
Tax Annual Amount 865.94
Property Condition Updated/Remodeled
Virtual Tour https://www.propertypanorama.com/117-N-5th-Street-Fort-Pierce-FL/unbranded
Standard Status Active
Property Sub Type Additional Mixed Use
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
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Interior
Flooring Terrazzo Vinyl
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Accessible Parking
Lot Features < 1/4 Acre
Water Source Public
Total Parking 14
Lot Size Area 10019
Number of Buildings 1
Building Area Total 5644
Lot Size Acres 0.23
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* Excluded Features
List By
Hannah Alexandria McClure

Listing Agent

Affordability Calculator

$10,774
Per Month
99%
1%
0%
Monthly Principal & Interest
$10,702
Monthly Property Taxes
$72
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
6/24/2026 $1,695,000 Listed Price

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117 N 5th Street, Fort Pierce, FL, is a Commercial Property for sale at $1,695,000 with 5,644 sqft and a lot size of 0.23. 117 N 5th Street was built in 1953. The property's zip code is which is in Fort Pierce, FL