508 N 23rd Street, Fort Pierce, FL 34950
- Added:
- Jan 28, 2026
- Days on Market:
- 138
- Last Refresh:
- Jun 15 at 8:06 pm
Property Features for 508 N 23rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MEDIUM DEN
- Bedrooms
- 6
- Rooms
- Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 6, Bathroom 1
- Standard status
- Active
- APN
- 240960201240004
- Size
- 1,550 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ALAMANDA VISTA S/D BLK E LOT 9 AND W 5 FT OF VAC ALLEY ADJ ON E (OR 3929-1600)
- Tax Annual Amount
- 6609
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1970
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, CBS
- Roof type
- Shingle, Composition
Listing agent Terrence Brown Jr License #3605684 (305) 906-0818
Listing office United Realty Group Inc. 3100 S Federal Hwy Bay 1, Plantation, FL (954) 450-2000
Listing date Jan 28, 2026
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 1970 with central heating and central air
- Fully renovated with updated windows, flooring, and kitchen upgrades
- Each unit features 3 bedrooms and 1 bathroom
- Block/CBS construction with tile flooring
- Shingle/composition roof and public sewer service
Overview
Located in Fort Pierce in St. Lucie County, the duplex is offered for sale at 508 N 23rd Street. The well-maintained, upgraded interior makes it an appealing option for buyers looking for a straightforward residential income property without needing immediate renovations.
With the same functional bedroom and bathroom configuration in both units, the property can suit owner-occupants who want to live in one side while renting the other, as well as investors seeking a turn-key rental setup. The recent renovation work and consistent unit layouts may help simplify leasing considerations and support strong long-term usability. If you’re evaluating residential income opportunities in Fort Pierce, this duplex is positioned as a practical, ready-to-go purchase.
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 | $34.4k | $22.20 |
| − Vacancy | −$1.9k | −$1.22 |
| EGI | $32.5k | $20.98 |
| − OpEx | −$9.8k | −$6.29 |
| NOI | $22.8k | $14.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Pierce
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.347605
- Latitude
- 27.453541
