CBS Duplex with Two 2/1
314 Dickson Drive Fort Pierce, FL 34982
314 Dickson Drive, Fort Pierce, FL, 34982
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For Sale
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Two 2/1 units in a CBS duplex on a large, private lot, with both sides currently occupied.
Property Size1,500 SF
Price / SF$216.67
Days on Market69
Property Features for 314 Dickson Drive
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing Agency
EXP Realty LLC
Listed by
Ethan McAuliffe PA · License #FL BK3348418
Source
Crexi
Added: May 11 Checked: Jul 13 at 6:32 am
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 EXP Realty LLC
Investment Insights
Based on property information with market context.
This is a CBS duplex configured with two separate 2-bedroom, 1-bath units, one on each side. The property sits on a large, private lot and is offered as a duplex for buyers looking for residential income housing with independent unit layouts. The total property size is listed at approximately 1,500.
Both sides are currently occupied, providing in-place tenancy at the time of sale. The seller notes that current rents are below market while still producing monthly income.
For investors or owner-occupants, the duplex format can offer flexibility: you can maintain the benefit of two rental units while living in one side and renting the other, depending on your plans and local requirements. Because the property is already generating monthly rent with occupancy on both sides, it may appeal to buyers who want a straightforward income property without needing to start from vacant conditions. The large, private lot also supports everyday outdoor space for tenants, subject to each unit’s assigned use and any applicable property rules.
Both sides are currently occupied, providing in-place tenancy at the time of sale. The seller notes that current rents are below market while still producing monthly income.
For investors or owner-occupants, the duplex format can offer flexibility: you can maintain the benefit of two rental units while living in one side and renting the other, depending on your plans and local requirements. Because the property is already generating monthly rent with occupancy on both sides, it may appeal to buyers who want a straightforward income property without needing to start from vacant conditions. The large, private lot also supports everyday outdoor space for tenants, subject to each unit’s assigned use and any applicable property rules.
Key Highlights
- CBS duplex built in 1965 with two 2/1 units
- Large, private lot
- Both sides are currently occupied
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 | $33.3k | $22.20 |
| − Vacancy | −$1.8k | −$1.22 |
| EGI | $31.5k | $20.98 |
| − OpEx | −$9.4k | −$6.29 |
| NOI | $22.0k | $14.69 |
1,500 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$314.7K
$275.4K – $367.1K
NOI $22,028 @ 7.0% cap · market cap 6.78%
Second Best
Apartment 5plus
$292.2K
$255.7K – $340.9K
NOI $20,452 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$377.2K
$330.1K – $440.1K
NOI $26,406 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two 2/1 units in a CBS duplex on a large, private lot, with both sides currently occupied.
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 $325,000.
What are key features of this property?
This property features: CBS duplex built in 1965 with two 2/1 units; Large, private lot; Both sides are currently occupied
