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    Fort Pierce Triplex on Corner Title is generated by Realmo AI

    1111 N 21st Street, Fort Pierce, FL 34950

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    Claim this Listing
    For Sale
    $433,000

    MULTI_FAMILY - Fort Pierce, FL

    Property size:
    1,908 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $226/SF
    Added:
    Mar 16, 2026
    Days on Market:
    93
    Last Refresh:
    Jun 16 at 3:06 pm

    Property Features for 1111 N 21st Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Medium
    Bedrooms
    6
    Rooms
    Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 2
    Patio and Porch features
    Porch, Patio
    Pets allowed
    No, Yes
    Standard status
    Active
    APN
    240470200230008
    Size
    1,908 SF
    Lot size
    0.32 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    SUNNY ACRES S/D NO 1 BLK 3 LOTS 2 AND 4 AND E 5 FT OF VAC ALLEY ADJ ON W (OR 1497-2880)
    Tax Annual Amount
    4250

    Utilities

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

    Building Details

    Year built
    1956
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Tile
    Building materials
    CBS, Stone, Stucco
    Roof type
    Composition

    We can help!

    Listing Contact
    Ethan McAuliffe PA

    Listing agent Ethan McAuliffe PA License #3348418

    Listing office EXP Realty LLC 10752 Deerwood Park Blvd #100, Tampa, FL

    Listing date Mar 16, 2026

    MLS# B26002803 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

    • CBS triplex on a corner lot in a quiet neighborhood next to Lincoln Park Academy
    • Unit mix: 3/1, 2/1, and 1/1; two units leased monthly and one unit is vacant
    • Offered with an 8% CAP rate
    • Construction: CBS with stone and stucco exterior; tile flooring; composition roof
    • Cooling includes wall/window unit(s) and window unit(s)
    • Public utilities: public water and public sewer

    Overview

    This triplex is located on a corner lot in a quiet neighborhood next to Lincoln Park Academy in Fort Pierce, Florida. The property is a CBS construction and includes three units: one 3-bedroom/1-bathroom unit, one 2-bedroom/1-bathroom unit, and one 1-bedroom/1-bathroom unit. The property is situated on a 0.32-acre lot. The total property size is 1908 square feet. Two of the units are currently leased on a monthly basis, while one unit is vacant. The property is located minutes from downtown and beaches. The intended use of the property is multi-family residential income.

    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 $42.4k $22.20
    − Vacancy −$2.3k −$1.22
    EGI $40.0k $20.98
    − OpEx −$12.0k −$6.29
    NOI $28.0k $14.69
    1,908 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $400.3K
    $350.3K – $467.0K (±1% cap)
    NOI $28,020 @ 7.0% cap · market cap 6.47%
    Second Best
    Apartment 5plus
    $371.6K
    $325.2K – $433.6K (±1% cap)
    NOI $26,015 @ 7.0% cap · market cap 6.01%
    Theoretical Best
    Office A
    $479.8K
    $419.9K – $559.8K (±1% cap)
    NOI $33,588 @ 7.0% cap · market cap 7.76%
    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 Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic

    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
    -80.346039
    Latitude
    27.460029

    FAQs

    What type of property is this?
    Triplex - Triplex in quiet neighborhood near downtown and beaches.
    Where is this triplex located?
    The property is located at 1111 N 21st Street Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $433,000.
    What are key features of this property?
    This property features: CBS triplex on a corner lot in a quiet neighborhood next to Lincoln Park Academy; Unit mix: 3/1, 2/1, and 1/1; two units leased monthly and one unit is vacant; Offered with an 8% CAP rate
    More about this property
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