New Construction
New
For Sale
$549,900
2707 AVENUE F, Fort Pierce, FL 34947
Two private residences feature modern kitchens, covered rear porches, and split-bedroom layouts within a durable CBS structure.
Property Size2,670 SF
Price / SF$239.92
Days on Market2
Property Features for 2707 AVENUE F
General Information
Standard status
Active
Size
2,670 SF
Total Parking Spaces
8
Property subtype
Residential Income
Zoning
SF Moderat
Net Operating Income
$50,012
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$332
Amenities
private covered rear porches
interior storage
dishwasher
Building Details
Building Size
2,670 SF
Year Built
2026
Buildings
1
Stories
1
Construction
CBS
Listing Agency:
Meant2b Realty LLC
Listed By:
Nicholas Tobis · License #3259725
(772) 888-5658
Source:
Laerrealty
Added: Sep 22
Last Checked: Sep 22 at 1:39PM
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 Meant2b Realty LLC
Investment Insights
Based on property information with market context.
Completed in 2026, this CBS duplex contains two residences, each measuring approximately 1,140 square feet with three bedrooms and two bathrooms. Both sides include a private primary suite, split-bedroom arrangement, open living area, interior storage, and a modern kitchen equipped with a dishwasher. Covered rear porches extend the living space outdoors, while standing-seam metal roofing, energy-efficient windows, and solid-core doors contribute to the building’s construction profile.
The property is located at 2707 Avenue F in Fort Pierce, Florida. With two separately configured residences, the layout supports owner occupancy with an additional residence or use as a two-unit residential income property, subject to applicable requirements.
The property is located at 2707 Avenue F in Fort Pierce, Florida. With two separately configured residences, the layout supports owner occupancy with an additional residence or use as a two-unit residential income property, subject to applicable requirements.
Key Highlights
- Two residences, each with approximately 1,140 sq ft, 3 bedrooms, and 2 bathrooms
- 2026 construction with CBS building construction
- Standing‑seam metal roof and energy‑efficient windows
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,659
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$673,180
$673.2K
Cap Rate 7%
$480,843
$480.8K
Cap Rate 9%
$373,989
$374.0K
Market Conditions
NOI Build-Up for 2,292 SF
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.
Gross rent
$50.9K $22.20/SF
− Vacancy
−$2.8K −$1.22/SF
EGI
$48.1K $20.98/SF
− OpEx
−$14.4K −$6.29/SF
NOI
$33.7K $14.69/SF
Area
St. Lucie County, FL
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$673,180
Cap Rate 7%
$480,843
Cap Rate 9%
$373,989
Alternative Uses
Best Use
Multifamily LT 5
$480.8K
$420.7K – $561.0K
NOI $33,659 @ 7.0% cap · market cap 6.12%
Second Best
Apartment 5plus
$446.4K
$390.6K – $520.8K
NOI $31,250 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$576.4K
$504.4K – $672.5K
NOI $40,348 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Explore this area
Business Placement
Demographics for 34947, FL
13,933
Population
4,691
Households
3
Avg Household Size
32
Median Age
19%
College-Educated
81%
High-School Grad
9.7 sq mi
ZIP Area
1,436
Density / Sq Mi
$44,985
Median Household Income
$31,968
Median Earnings
$1,125
Median Rent
$202,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two private residences feature modern kitchens, covered rear porches, and split-bedroom layouts within a durable CBS structure.
Where is this duplex located?
The property is located at 2707 AVENUE F Fort Pierce, FL.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Two residences, each with approximately 1,140 sq ft, 3 bedrooms, and 2 bathrooms; 2026 construction with CBS building construction; Standing‑seam metal roof and energy‑efficient windows
