301 Preston Court Fort Pierce, FL 34950
Triplex with three income-producing units and long-term tenants near Fort Pierce amenities.
- Added:
- Jun 10, 2026
- Days on Market:
- 33
- Last Refresh:
- Jun 20 at 1:53 am
Property Features for 301 Preston Court
General Information
- Standard status
- Active
- Size
- 2,911 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1955
Listing office Rays Real Estate Services, Inc
Listing date Jun 10, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Rays Real Estate Services, Inc
Investment Insights
Based on property information with market context.
The property is located in the heart of Fort Pierce, with convenient access to area beaches and local destinations. Public remarks also note proximity to popular restaurants, shopping, and attractions.
From an investment perspective, the tenant history described in the offering can appeal to buyers looking for immediate rental income from multiple units within a single asset. For owner-occupants or operators, the triplex layout allows for flexible personal and investment use while maintaining the existing structure of three separate rental units.
Key Highlights
- 3‑unit triplex built in 1955 with three income‑producing units
- Long‑term, established tenants in place
- Located in the heart of Fort Pierce near beaches, restaurants, shopping, and local attractions
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 | $75.8k | $26.04 |
| − Vacancy | −$3.6k | −$1.25 |
| EGI | $72.2k | $24.79 |
| − OpEx | −$32.5k | −$11.16 |
| NOI | $39.7k | $13.63 |
