Two-Unit
315 N 13TH Street, Fort Pierce, FL 34950
For Sale
$285,000
Both residences are vacant, with two bedrooms and one bathroom in each unit.
Property Size1,440 SF
Price / SF$197.92
Days on Market70
Property Features for 315 N 13TH Street
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Buildings
Listing Agency:
Premier Platinum Realty
(954) 695-7372
Listed By:
Andres Cardona · License FL #3620072
(561) 484-4390
Source:
Wycliffecommunityrealty
Added: Sep 1
Changed: Nov 9
Last Checked: Nov 8 at 9:25PM
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 Premier Platinum Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,440-square-foot duplex contains two 2-bedroom, 1-bath units. Built in 1953, the property requires substantial interior repairs and updating and is being offered in as-is condition. Both units are vacant.
The property is in Fort Pierce, near downtown, shopping, dining, major roadways, and local amenities.
The property is in Fort Pierce, near downtown, shopping, dining, major roadways, and local amenities.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- 1,440 square feet; built in 1953
- Both units vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,234
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,680
$364.7K
Cap Rate 7%
$260,486
$260.5K
Cap Rate 9%
$202,600
$202.6K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$28.5K $19.80/SF
− Vacancy
−$2.5K −$1.71/SF
EGI
$26.0K $18.09/SF
− OpEx
−$7.8K −$5.43/SF
NOI
$18.2K $12.66/SF
Area
St. Lucie County, FL
Vacancy
8.64%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,680
Cap Rate 7%
$260,486
Cap Rate 9%
$202,600
Alternative Uses
Best Use
Multifamily LT 5
$260.5K
$227.9K – $303.9K
NOI $18,234 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$232.0K
$203.0K – $270.7K
NOI $16,242 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$362.1K
$316.9K – $422.5K
NOI $25,350 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,067
Businesses Nearby
Explore this area
Business Placement
Demographics for 34950, FL
16,582
Population
8,055
Households
2.1
Avg Household Size
37
Median Age
14%
College-Educated
64%
High-School Grad
5.2 sq mi
ZIP Area
3,189
Density / Sq Mi
$32,707
Median Household Income
$29,214
Median Earnings
$1,121
Median Rent
$175,900
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Fort Pierce, FL
Properties on Market for Duplexes in Fort Pierce
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are vacant, with two bedrooms and one bathroom in each unit.
Where is this duplex located?
The property is located at 315 N 13TH Street Fort Pierce, FL.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; 1,440 square feet; built in 1953; Both units vacant
