Tenant-Occupied
2108 Avenue E, Fort Pierce, FL 34950
For Sale
$295,900
Under Contract
Residential Income, Fort Pierce, FL
Property Size1,152 SF
Price / SF$256.86
Days on Market376
Property Features for 2108 Avenue E
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Pets allowed
Subdivision
Lot features
View
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
RE/MAX Gold · RE/MAX International
(772) 607-9600
Listed By:
Gregory H Dalessio · License #0571729
(772) 486-7880
Added: Oct 28, 2025
Changed: Nov 6
Last Checked: Nov 7 at 2:06PM
MLS# R11136030
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.
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Investment Insights
Based on property information with market context.
This 1,152-square-foot duplex contains two residential units, each arranged with two bedrooms and one bathroom. Both units are tenant-occupied and have remodeled bathrooms, updated cabinets, and fresh interior paint. The property was built in 1964 with concrete construction, ceramic tile flooring, and composition shingle roofing. Cooling is provided by window or wall/window units.
Public water and public sewer serve the property, with water available as a listed utility. The duplex is located in Fort Pierce, Florida, within St. Lucie County, and carries MF zoning.
Public water and public sewer serve the property, with water available as a listed utility. The duplex is located in Fort Pierce, Florida, within St. Lucie County, and carries MF zoning.
Key Highlights
- Two‑unit duplex with 1,152 square feet of total property size
- Each unit includes 2 bedrooms and 1 bathroom
- Both units are currently tenant‑occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,917
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,340
$338.3K
Cap Rate 7%
$241,671
$241.7K
Cap Rate 9%
$187,967
$188.0K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$25.6K $22.20/SF
− Vacancy
−$1.4K −$1.22/SF
EGI
$24.2K $20.98/SF
− OpEx
−$7.3K −$6.29/SF
NOI
$16.9K $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 Rate 5%
$338,340
Cap Rate 7%
$241,671
Cap Rate 9%
$187,967
Alternative Uses
Best Use
Multifamily LT 5
$241.7K
$211.5K – $282.0K
NOI $16,917 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$224.4K
$196.3K – $261.8K
NOI $15,707 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$289.7K
$253.5K – $338.0K
NOI $20,280 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
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Business Placement
Demographics for 34950, FL
16,582
Population
8,055
Households
2.1
Avg Household Size
37
Median Age
14%
College-Educated
64%
High-School Grad
5.2 sq mi
ZIP Area
3,189
Density / Sq Mi
$32,707
Median Household Income
$29,214
Median Earnings
$1,121
Median Rent
$175,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Fort Pierce, FL
Properties on Market for Duplexes in Fort Pierce
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units with remodeled bathrooms, updated cabinetry, fresh paint, and MF zoning.
Where is this duplex located?
The property is located at 2108 Avenue E Fort Pierce, FL.
What is the asking price?
The asking price for this property is $295,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,152 square feet of total property size; Each unit includes 2 bedrooms and 1 bathroom; Both units are currently tenant‑occupied
