Updated Duplex Income
2210 Saint Lucie Boulevard Fort Pierce, FL 34946
For Sale
Contact for pricing
Updated duplex with two 1-bedroom units on a private lot, plus on-site RV electric hookup and a shed/workshop.
Property Size1,932 SF
Lot Size0.88 Acres
Price / SF$214.80
Days on Market117
Property Features for 2210 Saint Lucie Boulevard
General Information
- Standard status
- Active
- Size
- 1,932 SF
- Lot size
- 0.88 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1957
Listing Agency:
Vinson Real Estate Services, LLC
Listed By:
Jacob LLc · License #3377464
Source:
Crexi
Added: Apr 2
Changed: Jul 22
Last Checked: Jul 26 at 10:16AM
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 Vinson Real Estate Services, LLC
Investment Insights
Based on property information with market context.
This updated duplex features two separate 1-bedroom, 1-bath units on a private lot. The property is described as tastefully updated and includes lush landscaping with old growth trees throughout.
The site also has an RV electric hookup and a shed/workshop with a covered awning. The property is zoned Rm-5, with plans for an additional duplex build available.
Set up as a residential income property, the offering includes multiple on-site structures and supporting features intended to support both current use and possible expansion consistent with the provided zoning information.
The site also has an RV electric hookup and a shed/workshop with a covered awning. The property is zoned Rm-5, with plans for an additional duplex build available.
Set up as a residential income property, the offering includes multiple on-site structures and supporting features intended to support both current use and possible expansion consistent with the provided zoning information.
Key Highlights
- Tastefully updated duplex built in 1957 with two 1‑bedroom units
- Duplex set on a private 0.88‑acre +/- lot
- On‑site RV electric hookup plus shed/workshop with covered awning
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 | $42.9k | $22.20 |
| − Vacancy | −$2.4k | −$1.22 |
| EGI | $40.5k | $20.98 |
| − OpEx | −$12.2k | −$6.29 |
| NOI | $28.4k | $14.69 |
1,932 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$405.3K
$354.7K – $472.9K
NOI $28,372 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$376.3K
$329.3K – $439.0K
NOI $26,342 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$485.9K
$425.1K – $566.9K
NOI $34,011 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Updated duplex with two 1-bedroom units on a private lot, plus on-site RV electric hookup and a shed/workshop.
Where is this duplex located?
The property is located at 2210 Saint Lucie Boulevard Fort Pierce, FL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Tastefully updated duplex built in 1957 with two 1‑bedroom units; Duplex set on a private 0.88‑acre +/- lot; On‑site RV electric hookup plus shed/workshop with covered awning
