Two-Unit CBS
For Sale
$315,000
314 Dickson Drive, Fort Pierce, FL 34982
Residential Income, Fort Pierce, FL
Property Size1,500 SF
Lot Size0.28 Acres
Price / SF$210
Days on Market170
Property Features for 314 Dickson Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-11 - Co
Bedrooms
4
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1
Pets allowed
Yes, No
Subdivision
DIXIELAND SUBDIVISION
Standard status
Active
APN
242780100550006
Size
1,500 SF
Lot size
0.28 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
DIXIELAND S/D-AN UNRECORDED PLAT- SECTION 27-35-40 BLK 5 W 100 FT OF LOTS 3 AND 4 (OR 3407-1460)
Tax Annual Amount
3163
Legal Description
DIXIELAND S/D-AN UNRECORDED PLAT- SECTION 27-35-40 BLK 5 W 100 FT OF LOTS 3 AND 4 (OR 3407-1460)
Utilities
Sewer type
Septic Tank
Cooling system
Window Unit(s), Ceiling Fan(s), Wall/Window Unit(s)
Water source
Well
Building Details
Year built
1965
Floors in Building
1
Number of units
2
Flooring type
Concrete, Carpet, Wood, Tile
Building materials
Block, CBS
Roof type
Shingle
Buildings
1
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Ethan McAuliffe PA · License #3348418
(772) 359-0300
Added: May 11
Changed: Oct 27
Last Checked: Oct 27 at 9:06PM
MLS# B26027116
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.
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Investment Insights
Based on property information with market context.
This 1,500-square-foot duplex includes two separate residences, each arranged with two bedrooms and one bathroom. Both sides are currently occupied. The building was constructed in 1965 with block and CBS materials, and the interiors include tile, wood, concrete, and carpet flooring. Cooling is provided by window or wall units and ceiling fans.
The property occupies 0.28 acres at 314 Dickson Drive in Fort Pierce, Florida. It is served by a well and septic tank, with a shingle roof, and is designated RM-11 - Co zoning. The two-unit configuration provides a straightforward residential income property format with both residences in place.
The property occupies 0.28 acres at 314 Dickson Drive in Fort Pierce, Florida. It is served by a well and septic tank, with a shingle roof, and is designated RM-11 - Co zoning. The two-unit configuration provides a straightforward residential income property format with both residences in place.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom on each side
- Both sides currently occupied
- 1,500 Square Feet of building area on 0.28 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,028
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,560
$440.6K
Cap Rate 7%
$314,686
$314.7K
Cap Rate 9%
$244,756
$244.8K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$33.3K $22.20/SF
− Vacancy
−$1.8K −$1.22/SF
EGI
$31.5K $20.98/SF
− OpEx
−$9.4K −$6.29/SF
NOI
$22.0K $14.69/SF
Area
St. Lucie County, FL
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,560
Cap Rate 7%
$314,686
Cap Rate 9%
$244,756
Alternative Uses
Best Use
Multifamily LT 5
$314.7K
$275.4K – $367.1K
NOI $22,028 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$292.2K
$255.7K – $340.9K
NOI $20,452 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$377.2K
$330.1K – $440.1K
NOI $26,406 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
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Business Placement
Demographics for 34982, FL
27,067
Population
12,356
Households
2.2
Avg Household Size
43
Median Age
15%
College-Educated
84%
High-School Grad
15.5 sq mi
ZIP Area
1,746
Density / Sq Mi
$54,025
Median Household Income
$33,661
Median Earnings
$1,254
Median Rent
$228,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied and configured with two bedrooms and one bathroom per side.
Where is this duplex located?
The property is located at 314 Dickson Drive Fort Pierce, FL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom on each side; Both sides currently occupied; 1,500 Square Feet of building area on 0.28 acres
