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    Income-Generating Duplex in Fort Pierce Title is generated by Realmo AI

    5012 Killarney Avenue, Fort Pierce, FL 34951

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    Claim this Listing
    Pending
    $349,000

    MULTI_FAMILY - Fort Pierce, FL

    Property size:
    1,560 SF
    Lot size:
    0.23 Acres
    Added:
    Apr 1, 2026
    Days on Market:
    79
    Last Refresh:
    Jun 18 at 1:06 pm

    Property Features for 5012 Killarney Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RM-5 - Cou
    Bedrooms
    4
    Rooms
    Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 3
    Pets allowed
    No, Yes
    Exterior features
    Storage
    Standard status
    Pending
    APN
    130161501150004
    Size
    1,560 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LAKEWOOD PARK-UNIT 12-A- BLK 173N 78 FT LOT 6 AND S 4 FT LOT 7 (MAP 13/13N)
    Tax Annual Amount
    5469

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air, Electric
    Water source
    Well

    Building Details

    Year built
    1979
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Carpet, Linoleum, Tile
    Building materials
    Frame
    Roof type
    Shingle
    Additional Structures
    Outbuilding, Storage

    We can help!

    Listing Contact
    Jamie Jackson
    Jamie Jackson

    Listing agent Jamie Jackson License #3212167

    Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL

    Listing date Apr 1, 2026

    MLS# B26009944 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

    • Duplex built in 1979 with frame construction
    • Central heating and central air conditioning (electric)
    • Electricity available; water from a well; septic tank sewer
    • Shingle roof; flooring includes linoleum, carpet, and tile
    • Includes 4 bedrooms and 2 bathrooms (Bathroom 1, Bathroom 2) across the duplex
    • Features storage and a large yard

    Overview

    This income-generating duplex is centrally located in Fort Pierce, Florida, offering convenient access to the highway and shopping. The property features a newer roof and appliances. Situated on a 0.23-acre lot, the duplex includes a large yard suitable for entertaining. The property size is 1560 square feet. The zoning is RM-5 - Cou.

    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 $34.6k $22.20
    − Vacancy −$1.9k −$1.22
    EGI $32.7k $20.98
    − OpEx −$9.8k −$6.29
    NOI $22.9k $14.69
    1,560 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $327.3K
    $286.4K – $381.8K (±1% cap)
    NOI $22,909 @ 7.0% cap · market cap 6.56%
    Second Best
    Apartment 5plus
    $303.9K
    $265.9K – $354.5K (±1% cap)
    NOI $21,270 @ 7.0% cap · market cap 6.09%
    Theoretical Best
    Office A
    $392.3K
    $343.3K – $457.7K (±1% cap)
    NOI $27,462 @ 7.0% cap · market cap 7.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

    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
    -80.39097
    Latitude
    27.526012

    FAQs

    What type of property is this?
    Duplex - Centrally located duplex with newer roof and appliances, large yard.
    Where is this duplex located?
    The property is located at 5012 Killarney Avenue Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: Duplex built in 1979 with frame construction; Central heating and central air conditioning (electric); Electricity available; water from a well; septic tank sewer
    More about this property
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