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7-Unit Apartment Building
For Sale
Contact for pricing
Pending

1115 S Ocean Drive, Fort Pierce, FL 34949

Coastal residential property with shared laundry, first-floor storage, and nearby beach access.

Property SizeContact for details
Days on Market142

Property Features for 1115 S Ocean Drive

General Information

Standard status Pending
Property subtype Special Purpose

Units

Unit Mix 6 x studio/efficiency, 1 x 2BR/1BA
Multifamily Units 7

Amenities

communal laundry room
storage space

Building Details

Buildings 1
Listing Agency: Elevate Realty LLC
Listed By: Laura Auten · License #3499523
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 8:22PM

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 Elevate Realty LLC

Investment Insights

Based on property information with market context.

This apartment building contains seven residential units, including six studio or efficiency apartments and an updated two-bedroom, one-bath unit. Shared gas and electric appliances serve the property, which also includes a communal laundry room and additional storage on the first floor. Unit 7 offers ocean views.

Located on Hutchinson Island in Fort Pierce, the property sits near the Atlantic Ocean, with beach access within walking distance. One unit is occupied and six are vacant, providing a defined existing occupancy profile for a purchaser to evaluate.

Key Highlights

  • 7‑unit apartment building with six studio/efficiency units and one 2‑bedroom, 1‑bathroom unit
  • Updated 2‑bedroom, 1‑bathroom apartment
  • One unit occupied and six units vacant

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Auto Repair Shop Pharmacy Grocery & Convenience Store Garden Center Skin Care Clinic Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby

Demographics for 34949, FL

8,027
Population
8,033
Households
1
Avg Household Size
65
Median Age
47%
College-Educated
96%
High-School Grad
9.4 sq mi
ZIP Area
854
Density / Sq Mi
$92,188
Median Household Income
$37,219
Median Earnings
$1,484
Median Rent
$427,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Coastal residential property with shared laundry, first-floor storage, and nearby beach access.
Where is this apartment building located?
The property is located at 1115 S Ocean Drive Fort Pierce, FL.
What are key features of this property?
This property features: 7‑unit apartment building with six studio/efficiency units and one 2‑bedroom, 1‑bathroom unit; Updated 2‑bedroom, 1‑bathroom apartment; One unit occupied and six units vacant
(561) 427-3923 Call to check price and availability
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