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, 34950
$ 1,695,000
Bedrooms-- Baths-- Sq 5,500

Monthly Estimate*

$ 10,702

117 N 5TH STREET, Fort Pierce, FL 34950 - Image 1
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117 N 5TH STREET, Fort Pierce, FL 34950 - Image 8
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Commercial Property for sale in Fort Pierce, FL

for $1,695,000. This 5,500 square foot building was built in 1953 on a lot size of 0.12.

*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.

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Commercial Active

Price

$ 1,695,000

Property Type

Commercial

Taxes

$ 11,392

Style

Mixed Use

Lot Size

0.12

Year Built

1953

Town/City

Fort Pierce

County/Region

Saint Lucie

MLS | Web ID

O6425092

Features
General
Cooling Wall/Window Unit(s)
Zoning GENERAL CO
Construction Materials Brick Concrete Stucco
Year Built 1953
Levels Two
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
County St Lucie
New Construction false
Property Type Commercial Sale
Status Active
Directions South I-95 to Orange Ave East to US-1 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 34950 - Fort Pierce
Lot Size Units Square Feet
Lot Size Square Feet 10019
Tax Annual Amount 11392
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6425092
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1-3
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-S/D (1) (MAP 24/10D) (OR 1021-2637: 1037-48: 1223-49)
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Total Stories 2
Air Conditioning Y/N true
Total Baths 0
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Exterior
Lot Size Area 10019
Foundation Details Brick/Mortar Other
Number of Buildings 1
Building Area Total 5500
Lot Size Acres 0.12
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type Access Road Business District
Number of Lots 1
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* Excluded Features

Affordability Calculator

$11,652
Per Month
92%
8%
0%
Monthly Principal & Interest
$10,702
Monthly Property Taxes
$949
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
DatePricePrice ChangeDescription
7/14/2026$1,695,000 Listed Price

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117 N 5TH STREET, Fort Pierce, FL, 34950 is a Commercial Property for sale at $1,695,000 with 5,500 sqft and a lot size of 0.12. 117 N 5TH STREET was built in 1953. The property's zip code is 34950 which is in Fort Pierce, FL