924 Skylark Drive Fort Pierce, FL 34982
MULTI_FAMILY - Fort Pierce, FL
Property Features for 924 Skylark Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Medium Den
- Bedrooms
- 4
- Rooms
- Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1
- Pets allowed
- Yes
- Standard status
- Active
- APN
- 242770201230000
- Size
- 1,350 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- WAGNER S/D BLK 3 LOT 41 AND E 17.28 FT OF LOT 42
- Tax Annual Amount
- 5019
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Concrete Block - With Stucco
- Roof type
- Shingle
Listing agent Hoyt C Murphy Jr. License #186988 (772) 971-7424
Listing office Coldwell Banker Paradise 411 US-1, Fort Pierce, FL (772) 461-3250
Listing date Jul 3, 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.
Investment Insights
Based on property information with market context.
The property has had key exterior and systems improvements, including a roof replacement approximately three years ago and a drainfield replacement about two years ago. City water and a septic system service the duplex, and each unit has separate electric and water meters.
Tenants are on month-to-month terms. The current total rent is $2,700 per month, and the tenant in unit 924 has been in place for about five years.
Key Highlights
- South Fort Pierce concrete block duplex at 922 & 924 Skylark; each unit has 2 bedrooms and 1 bath
- Both units remodeled on the interior
- Roof replaced about 3 years ago
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 | $30.0k | $22.20 |
| − Vacancy | −$1.6k | −$1.22 |
| EGI | $28.3k | $20.98 |
| − OpEx | −$8.5k | −$6.29 |
| NOI | $19.8k | $14.69 |
