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CBS Duplex with Two 2BR Units

314 Dickson Drive Fort Pierce, FL 34982

314 Dickson Drive, Fort Pierce, FL, 34982
$325,000
For Sale
$325,000

MULTI_FAMILY - Fort Pierce, FL

Property Size1,500 SF
Lot Size0.28 Acres
Price / SF$216.67
Days on Market69

Property Features for 314 Dickson Drive

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-11 - Co
Bedrooms
4
Rooms
Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2
Pets allowed
Yes, No
Standard status
Active
APN
242780100550006
Size
1,500 SF
Lot size
0.28 Acres

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

Utilities

Sewer type
Septic Tank
Cooling system
Window Unit(s), Wall/Window Unit(s), Ceiling Fan(s)
Water source
Well

Building Details

Year built
1965
Floors in Building
1
Number of units
2
Flooring type
Concrete, Tile, Carpet, Wood
Building materials
Block, CBS
Roof type
Shingle
Listing Agency EXP Realty LLC
10752 Deerwood Park Blvd #100, Tampa, FL
Listed by Ethan McAuliffe PA · License #3348418
Added: May 11 Checked: Jul 18 at 12:06 am
MLS# B26027116 Listing URL

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.


Investment Insights

Based on property information with market context.

This for-sale property is a CBS duplex configured as two separate 2BR/1BA units, with each side currently occupied. The structure sits on a large, private lot, and the total building size is listed at 1,500 square feet. The site totals 0.28 acres. Zoning is RM-11 - Co, per the listing information.

The property is located at 314 Dickson Drive in Fort Pierce, St. Lucie County, Florida (34982). Both units are occupied, and the listing notes that collected rents are below market.

For tenants, this configuration supports a true two-tenant setup with the duplex layout providing separate living spaces. For buyers, the owner-occupied or investment approach can be evaluated with the asset already operating with tenants in place. Because the listing specifies both sides are occupied and that rents are currently below market, the property may be best suited for an operator or investor who wants to review lease terms and income levels as part of their business plan while operating an existing duplex.

Key Highlights

  • CBS duplex with 2/1 layout on each side (2 bedrooms, 1 bathroom per unit)
  • Occupied on both sides; rents noted as below market and paid monthly
  • Built in 1965 with shingle roof

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 (±1% cap)
NOI $22,028 @ 7.0% cap · market cap 6.78%
Second Best
Apartment 5plus
$292.2K
$255.7K – $340.9K (±1% cap)
NOI $20,452 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$377.2K
$330.1K – $440.1K (±1% cap)
NOI $26,406 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Nail Salon Pharmacy Restaurant Skin Care Clinic Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two 2BR/1BA sides in a CBS duplex on a large, private lot, currently occupied by tenants on both sides.
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 with 2/1 layout on each side (2 bedrooms, 1 bathroom per unit); Occupied on both sides; rents noted as below market and paid monthly; Built in 1965 with shingle roof
Contact an agent
More about this property
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