2108 Avenue E, Fort Pierce, FL 34950
- Added:
- Oct 28, 2025
- Days on Market:
- 240
- Last Refresh:
- Jun 24 at 11:06 pm
Property Features for 2108 Avenue E
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MF
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
- Pets allowed
- Yes, No
- Standard status
- Active
- APN
- 240470900400004
- Size
- 1,152 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- AUGUSTA S/D BLK 2 LOT 14 (OR 4239-1493)
- Tax Annual Amount
- 2153
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Concrete
- Roof type
- Shingle, Composition
Listing agent Gregory H Dalessio License #0571729 (772) 486-7880
Listing office RE/MAX Gold 10850 S US Highway 1, PORT SAINT LUCIE, FL (772) 607-9600
Listing date Oct 28, 2025
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.
HighLights
- Income‑producing duplex built in 1964 with concrete construction
- Each unit offers 2 bedrooms and 1 bathroom
- Brand‑new remodeled bathrooms in both units
- Fresh interior paint and updated cabinets in both units
- New roof plus shingle/composition roofing
- Public utilities: public water and public sewer
Overview
The property is located at 2108 Avenue E in Fort Pierce, Florida, within St. Lucie County. Zoning is designated as MF, supporting multifamily residential use. Both units are currently leased.
For buyers or investors seeking an income-producing residential duplex, the current tenant occupancy can provide rental income from day one, while the interior updates and new roof address major functional and cosmetic items. Each unit’s consistent layout and bedroom/bath count can simplify ongoing management and leasing efforts. The combination of separate two-bedroom units, completed bathroom remodels, and refreshed interiors may appeal to operators looking for a straightforward duplex configuration with fewer near-term updates required.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.6k | $22.20 |
| − Vacancy | −$1.4k | −$1.22 |
| EGI | $24.2k | $20.98 |
| − OpEx | −$7.3k | −$6.29 |
| NOI | $16.9k | $14.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Pierce
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.346388
- Latitude
- 27.455044
