Duplex Income Property with Separate
2856 Harson Way, Fort Pierce, FL 34946
Duplex with two units, separate electric and water meters, and impact glass, offering flexibility for investors or owner-occupants.
Type:Multifamily
Property size:
3,616 SFLot size:
0.24 AcresPrice / SF:
$204/SF- Added:
- Mar 28, 2026
- Days on Market:
- 89
- Last Refresh:
- Jun 20 at 5:44 am
Property Features for 2856 Harson Way
General Information
- Standard status
- Active
- Size
- 3,616 SF
- Lot size
- 0.24 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1975
Listing office RE/MAX Masterpiece Realty
Listing date Mar 28, 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 RE/MAX Masterpiece Realty
HighLights
- Duplex built in 1975 with 2 units in Fort Pierce, zoned Industrial
- One unit currently rented for immediate income; second unit is ready for a new tenant or owner‑occupant
- Approx. 1,740 sq ft per unit with 4 bedrooms plus den/office and 2 full bathrooms (possible 5th bedroom)
- Impact glass windows and a metal roof
- Separate electric and water meters, with tenants paying their own utilities
- On a 10,454 sq ft lot with no HOA near US‑1 and Seaway Dr., close to shopping and schools
Overview
This income-producing duplex features two separate residential units, each laid out with four bedrooms plus a den/office and two full bathrooms. One unit is currently rented, while the second unit is ready for a new tenant or for owner-occupancy. Exterior and building features include impact glass windows and a metal roof. The property also has separate electric and water meters, with tenants responsible for their own utilities.
The duplex is situated on a 10,454 square-foot lot with no HOA. It is located in Fort Pierce near US-1 and Seaway Dr., with shopping and schools nearby. The property is zoned Industrial, which may provide additional flexibility compared with typical residential zoning.
For prospective tenants, buyers, or operators, the separate utility metering can help simplify expense allocation between units. With one unit generating rental income and the other available, the property may also support strategies that balance current cash flow with the ability to reposition the second unit for the next occupancy cycle. The Industrial zoning is a practical consideration for those evaluating how the site will be used over time.
The duplex is situated on a 10,454 square-foot lot with no HOA. It is located in Fort Pierce near US-1 and Seaway Dr., with shopping and schools nearby. The property is zoned Industrial, which may provide additional flexibility compared with typical residential zoning.
For prospective tenants, buyers, or operators, the separate utility metering can help simplify expense allocation between units. With one unit generating rental income and the other available, the property may also support strategies that balance current cash flow with the ability to reposition the second unit for the next occupancy cycle. The Industrial zoning is a practical consideration for those evaluating how the site will be used over time.
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 | $80.3k | $22.20 |
| − Vacancy | −$4.4k | −$1.22 |
| EGI | $75.9k | $20.98 |
| − OpEx | −$22.8k | −$6.29 |
| NOI | $53.1k | $14.69 |
3,616 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$758.6K
$663.8K – $885.0K
NOI $53,102 @ 7.0% cap · market cap 7.18%
Second Best
Apartment 5plus
$704.3K
$616.3K – $821.7K
NOI $49,303 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$909.4K
$795.7K – $1.06M
NOI $63,656 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Fort Pierce
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.351884
- Latitude
- 27.4850527
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex with two units, separate electric and water meters, and impact glass, offering flexibility for investors or owner-occupants.
Where is this duplex located?
The property is located at 2856 Harson Way Fort Pierce, FL.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Duplex built in 1975 with 2 units in Fort Pierce, zoned Industrial; One unit currently rented for immediate income; second unit is ready for a new tenant or owner‑occupant; Approx. 1,740 sq ft per unit with 4 bedrooms plus den/office and 2 full bathrooms (possible 5th bedroom)
