Two-Unit Residential Income
1109 Colonial Road Unit A & B Fort Pierce, FL 34950
New
For Sale
$299,000
Duplex for sale featuring two residential units at 1109 Colonial Road, Unit A and Unit B.
Property Size1,600 SF
Price / SF$186.88
Days on Market5
Property Features for 1109 Colonial Road Unit A & B
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1925
Listing Agency:
Rook Realty LLC
(561) 699-8720
Listed By:
Stacey Rook · License #A11982609
(561) 699-8720
Source:
Riserealty
Added: Jul 22
Changed: Jul 25
Last Checked: Jul 25 at 5:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rook Realty LLC
Investment Insights
Based on property information with market context.
This for-sale residential income duplex is configured as two units, Unit A and Unit B, under one property address. The property totals 1,600 square feet.
The duplex is located at 1109 Colonial Road, Unit A & B, in Fort Pierce, Florida 34950. The listing includes the full address for the combined A and B units.
Offered as a single duplex property for buyers seeking a two-unit residential income setup.
The duplex is located at 1109 Colonial Road, Unit A & B, in Fort Pierce, Florida 34950. The listing includes the full address for the combined A and B units.
Offered as a single duplex property for buyers seeking a two-unit residential income setup.
Key Highlights
- Duplex with 2 residential units at 1109 Colonial Road (Unit A and Unit B)
- Built in 1925
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 | $35.5k | $22.20 |
| − Vacancy | −$2.0k | −$1.22 |
| EGI | $33.6k | $20.98 |
| − OpEx | −$10.1k | −$6.29 |
| NOI | $23.5k | $14.69 |
1,600 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$335.7K
$293.7K – $391.6K
NOI $23,496 @ 7.0% cap · market cap 7.86%
Second Best
Apartment 5plus
$311.6K
$272.7K – $363.6K
NOI $21,815 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$402.4K
$352.1K – $469.4K
NOI $28,166 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex for sale featuring two residential units at 1109 Colonial Road, Unit A and Unit B.
Where is this duplex located?
The property is located at 1109 Colonial Road Unit A & B Fort Pierce, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Duplex with 2 residential units at 1109 Colonial Road (Unit A and Unit B); Built in 1925
