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Renovated Triplex on Hutchinson Island

1412 Bayshore Dr, Fort Pierce, FL 34949

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For Sale

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Renovated triplex in Fort Pierce, ideal for investors.

Type:Multifamily

Property size:

3,501 SF

Price / SF:

$228/SF

HighLights

Prime investment opportunity on Hutchinson Island, Fort Pierce, FL.
Triplex with a versatile unit mix: 2‑bed/2‑bath, 1‑bed/1‑bath, and efficiency unit.
Generates rental income from $1,150 to $2,200 per month.
Flexible leasing options: seasonal and short‑term rentals allowed.
Renovated property.
Strong cash flow potential in a high‑demand beachside market.

We can help!

Contact an agent

Conor Mackin

For Sale

Contact for pricing

Renovated triplex in Fort Pierce, ideal for investors.

Type:Multifamily

Property size:

3,501 SF

Price / SF:

$228/SF

Added:: Mar 23, 2026
Days on Market:: 98
Last Refresh:: Mar 25 at 8:45 am

Property Features for 1412 Bayshore Dr

General Information

Standard status: Active
Size: 3,501 SF
Property subtype: Multifamily

Building Details

Year Built: 1957

We can help!

Contact an agent

Conor Mackin

Listing office Jeremiah Baron & Co. Commercial Real Estate LLC

Listing date Mar 23, 2026

Source Crexi

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 Jeremiah Baron & Co. Commercial Real Estate LLC

HighLights

Prime investment opportunity on Hutchinson Island, Fort Pierce, FL.
Triplex with a versatile unit mix: 2‑bed/2‑bath, 1‑bed/1‑bath, and efficiency unit.
Generates rental income from $1,150 to $2,200 per month.
Flexible leasing options: seasonal and short‑term rentals allowed.
Renovated property.
Strong cash flow potential in a high‑demand beachside market.

Overview

Located on Hutchinson Island in Fort Pierce, Florida, this renovated triplex offers an investment opportunity in a desirable coastal location. The two-story property includes a 2-bedroom, 2-bathroom unit, a 1-bedroom, 1-bathroom unit, and an efficiency unit. The property generates rental income ranging from $1,150 to $2,200 per month, with flexible leasing options including seasonal and short-term rentals. This property is suited for investors seeking cash flow, rental flexibility, and long-term appreciation in a beachside market. The property size is 3,501 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$77.7k	$22.20
− Vacancy	−$4.3k	−$1.22
EGI	$73.4k	$20.98
− OpEx	−$22.0k	−$6.29
NOI	$51.4k	$14.69

3,501 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$734.5K

$642.7K – $856.9K (±1% cap)

NOI $51,413 @ 7.0% cap · market cap 6.43%

Second Best

Apartment 5plus

$681.9K

$596.7K – $795.6K (±1% cap)

NOI $47,735 @ 7.0% cap · market cap 5.97%

Theoretical Best

Office A

$880.5K

$770.4K – $1.03M (±1% cap)

NOI $61,632 @ 7.0% cap · market cap 7.71%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Fort Pierce
County: St. Lucie
State: Florida
Longitude: -80.2981462
Latitude: 27.4657391

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For sale
Triplexes
FL
Fort Pierce
34949
1412 Bayshore Dr

What type of property is this?

Triplex - Renovated triplex in Fort Pierce, ideal for investors.

Where is this triplex located?

The property is located at 1412 Bayshore Dr Fort Pierce, FL.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: Prime investment opportunity on Hutchinson Island, Fort Pierce, FL.; Triplex with a versatile unit mix: **2‑bed/2‑bath, 1‑bed/1‑bath, and efficiency unit.**; Generates rental income from $1,150 to $2,200 per month.