2206 Delaware Avenue, Fort Pierce, FL 34950
MULTI_FAMILY - Fort Pierce, FL
- Added:
- Mar 18, 2026
- Days on Market:
- 97
- Last Refresh:
- Jun 22 at 3:06 pm
Property Features for 2206 Delaware Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Res
- Bedrooms
- 4
- Rooms
- Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
- Pets allowed
- No, Yes
- Exterior features
- Storage
- Standard status
- Active
- APN
- 240970700260009
- Size
- 3,042 SF
- Lot size
- 0.52 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- WEST END ADDN BLK A LOTS 26, 27 AND 28-LESS S 5 FT
- Tax Annual Amount
- 10011
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Ductless, Heat Pump, Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1970
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Laminate, Wood
- Building materials
- Block, CBS, Frame, Wood Frame
- Roof type
- Shingle
- Additional Structures
- Outbuilding, Storage
Listing agent Gustavo Adolfo Cepeda Jr License #3322766 (202) 604-2746
Listing office Highlight Realty Corp/LW 5323 Lake Worth Rd, FL (561) 641-6787
Listing date Mar 18, 2026
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
- Multi‑unit property (3 single family homes and 1 duplex) providing immediate income.
- Large corner half acre lot offering strong long term potential and flexible use options.
- Prime location on Delaware Avenue with great visibility and access to major roads and services.
- Month‑to‑month rentals allow for immediate income and flexibility to adjust or reposition.
- Includes washer and dryer.
- Constructed with durable materials: Block, CBS, Frame, Wood Frame.
Overview
Local Financial Insights For Apartment 5plus
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 | $79.2k | $26.04 |
| − Vacancy | −$3.8k | −$1.25 |
| EGI | $75.4k | $24.79 |
| − OpEx | −$33.9k | −$11.16 |
| NOI | $41.5k | $13.63 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Pierce
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.347034
- Latitude
- 27.444044
