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    Fort Pierce Triplex Investment Opportunity Title is generated by Realmo AI

    204 17th N Street, Fort Pierce, FL 34950

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    Claim this Listing
    Pending
    $499,000

    MULTI_FAMILY - Fort Pierce, FL

    Property size:
    2,596 SF
    Lot size:
    0.33 Acres
    Added:
    Feb 27, 2026
    Days on Market:
    116
    Last Refresh:
    Jun 23 at 3:06 pm

    Property Features for 204 17th N Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Medium
    Bedrooms
    7
    Bathrooms
    4
    Rooms
    Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 5, Bedroom 7, Bedroom 6, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 1
    Standard status
    Pending
    APN
    240951200170005
    Size
    2,596 SF
    Lot size
    0.33 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    KILLER'S S/D BLK 2 LOTS 12 AND 13
    Tax Annual Amount
    5359

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Cooling system
    Window Unit(s), Central Air, Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1941
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Laminate
    Building materials
    CBS, Stucco
    Roof type
    Metal, Composition

    We can help!

    Listing Contact
    Diego Pun Lay
    Diego Pun Lay

    Listing agent Diego Pun Lay License #3366247

    Listing office Dalton Wade Inc 260 1st Ave S Suite 200, St. Petersburg, FL

    Listing date Feb 27, 2026

    MLS# R11167138 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Triplex with 3 units built in 1941
    • Each unit has updated kitchens and bathrooms, plus laminate flooring and fresh paint
    • Durable roofing mix: two units with metal roofs and one unit with a shingle roof
    • Cooling includes central air and window/wall unit(s)
    • Public utilities available: water and public sewer

    Overview

    This triplex property, located in a growing area of Fort Pierce, Florida, offers immediate rental income potential. The property contains three units with renovated interiors, including updated kitchens and bathrooms, stylish flooring, and fresh paint. The building includes a mix of roofing materials, with two units covered by a metal roof and one unit featuring a shingle roof. The property is situated on a 0.33-acre lot. The building has a total area of 2596 square feet. The property is zoned for medium-density use. The location provides proximity to local amenities such as shopping, parks, and beaches. This property is positioned as a potential investment opportunity in the Fort Pierce market.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $57.6k $22.20
    − Vacancy −$3.2k −$1.22
    EGI $54.5k $20.98
    − OpEx −$16.3k −$6.29
    NOI $38.1k $14.69
    2,596 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $544.6K
    $476.5K – $635.4K (±1% cap)
    NOI $38,123 @ 7.0% cap · market cap 7.64%
    Second Best
    Apartment 5plus
    $505.6K
    $442.4K – $589.9K (±1% cap)
    NOI $35,395 @ 7.0% cap · market cap 7.09%
    Theoretical Best
    Office A
    $652.9K
    $571.3K – $761.7K (±1% cap)
    NOI $45,700 @ 7.0% cap · market cap 9.16%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.34136
    Latitude
    27.448131

    FAQs

    What type of property is this?
    Triplex - Turnkey triplex in Fort Pierce with renovated interiors.
    Where is this triplex located?
    The property is located at 204 17th N Street Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Triplex with 3 units built in 1941; Each unit has updated kitchens and bathrooms, plus laminate flooring and fresh paint; Durable roofing mix: two units with metal roofs and one unit with a shingle roof
    More about this property
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