$1,645,990

117 N 5th Street, Fort Pierce FL, 34950

Price per sqft$291.64

Built in1953

Property size5,644 sqft

Property typeCommercial

Overview

Active

Listed Jun 24, 2026

Updated 3 weeks ago

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.

Additional information

MLS^® ID: B26045049

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.23 Acres

Other Property Details

Taxes: $865
Tax Frequency: Annually

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 5:34 AM UTC, 9/16/2026.

Listed by: Total R E Consultants Inc, 954-341-3294