Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1205 Seaway Dr Fort Pierce, FL 34949

    For Sale
    $950,000

    Four-unit multifamily property near downtown Fort Pierce and beaches.

    Property size:
    2,499 SF

    Property Features for 1205 Seaway Dr

    General Information

    Size
    2,499 SF

    Building Details

    Year built
    1956

    Source: Reid Armor Agent Reid Armor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Pierce Multifamily Investment Opportunity

    This multifamily property features two concrete block buildings with a total of four units, situated on a corner lot along Seaway Drive, offering convenient access to historic downtown Fort Pierce and the beaches. The property comprises three 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit, along with an additional utility room, carport, and pool. Leases are annual. Two units are individually metered for water and electric, while the other two units share a meter; currently, the landlord covers all utilities. The roof was replaced in 2022, and all units have new kitchens, with some bathrooms having been remodeled. Located beachside in Fort Pierce, the property is near beaches, parks, restaurants, and shopping. Built in 1956, the property has a finished area of 2,499 square feet and sits on a 0.172-acre lot. The construction is concrete block stucco, and the HVAC system is central. The zoning is R-4A. The property's PID is 2401-601-0009-000-5, and the 2021 taxes were $7,258.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    River House Apartments Apartment Building SofWerkz Website Designer

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness 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
    -80.3008087
    Latitude
    27.4662682

    Nearby Similar for Sale

    • $1,950,000
      3,836 SF

      Renovated Multifamily Asset Near Ocean

      Fully renovated four-unit multifamily property near the Atlantic Ocean.
      741 Hernando St, Fort Pierce, FL 34949
      View Details
    • $259,000
      0.08 Acres

      Lake View Lot in Port

      Spectacular lot with lake view, tiki, and landscaping.
      462 NW Sandtrap Ln, Port St Lucie, FL 34986
      View Details
    • $269,000
      0.06 Acres

      Turnkey RV Lot with Tiki

      Move-in-ready RV lot with premium tiki and lake views.
      450 NW Sandtrap Ln, Port St Lucie, FL 34986
      View Details
    • $299,999
      1,692 SF

      Professional Office Space Near Downtown

      Well-maintained office space near downtown and the Indian River.
      212 S 7Th St, Fort Pierce, FL 34950
      View Details
    • New
      $125,000

      Profitable Jamaican Restaurant Opportunity

      Turn-key Jamaican restaurant for sale in Port St. Lucie.
      3453 SW Darwin Blvd, Port St Lucie, FL 34953
      View Details
    • $299,000
      0.06 Acres

      Stunning Lot with Waterfall View

      Exceptional lot near clubhouse with tiki, kitchen, and furnishings.
      274 NW Hazard Way, Port St Lucie, FL 34986
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property near downtown Fort Pierce and beaches.
    Where is this quadplex located?
    The property is located at 1205 Seaway Dr Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Four-unit property (three 1/1 units and one 2/1 unit) ideal for investors.; - Prime location on Seaway Drive, the main access to downtown Fort Pierce and beaches.; - Includes a pool, carport, and additional utility room.
    (772) 631-4248
    Request Owner's contact information
    1205 Seaway Dr Fort Pierce, FL 34949
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1205 Seaway Dr
    Fort Pierce, FL 34949
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1205 Seaway Dr Fort Pierce, FL 34949
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.