34-Unit Apartment
For Sale
$4,250,000
3202 Louisiana Ave, Fort Pierce, FL 34947
Six concrete block buildings offer family-sized units and an included vacant parcel in Fort Pierce.
Property Size34,000 SF
Lot Size1.64 Acres
Price / SF$117.81
Days on Market152
Property Features for 3202 Louisiana Ave
General Information
Standard status
Active
Size
34,000 SF
Lot size
1.64 Acres
Property subtype
Multifamily
Occupancy
88%
Units
Unit Mix
11 x 2BR/1BA, 23 x 3BR/1BA
Multifamily Units
34
Additional Details
Highway Access
Yes
Amenities
Unique Unit Mix Of All Large 2 and 3 Bed Floor Plans
Assumable Loan Available at a 4.58% Interest With a Remaining Balance of $2,350,000
Offers Extremely Close Proximity to Interstate-95
On-Site Coin Operated Laundry
Building Details
Building Size
34,000 SF
Buildings
6
Units
34
Construction
concrete block
Listing Agency:
Fort Lauderdale Office
(954) 245-3494
Listed By:
River Rhoads · License #FL: SL3509795
(954) 245-3494
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 31
Last Checked: Aug 31 at 5:44AM
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 Fort Lauderdale Office
Investment Insights
Based on property information with market context.
This multifamily portfolio contains 34 units across six concrete block buildings totaling 36,074 gross square feet on 1.64 acres. The unit mix includes eleven two-bedroom, one-bathroom apartments averaging 875 square feet and twenty-three three-bedroom, one-bathroom apartments averaging 1,050 square feet. Buildings were constructed between 1973 and 1977, with individual properties ranging from two to eight units. The sale also includes a vacant lot at 3101 Louisiana Ave.
Pitched-shingle roofs were replaced in 2017, while two flat-roof buildings have older roofing. The properties are located at 3202 through 3210 Louisiana Ave in Fort Pierce, with access to Downtown Fort Pierce, U.S. Highway 1, and I-95 within minutes. The combination of multiple buildings, larger apartment layouts, and an additional parcel provides a substantial residential income asset with identifiable roof and interior improvement considerations.
Pitched-shingle roofs were replaced in 2017, while two flat-roof buildings have older roofing. The properties are located at 3202 through 3210 Louisiana Ave in Fort Pierce, with access to Downtown Fort Pierce, U.S. Highway 1, and I-95 within minutes. The combination of multiple buildings, larger apartment layouts, and an additional parcel provides a substantial residential income asset with identifiable roof and interior improvement considerations.
Key Highlights
- 34 units across six concrete block buildings
- 36,074 gross square feet on 1.64 acres
- Unit mix includes 11 two‑bedroom and 23 three‑bedroom apartments
Property Analytics
Property Profile
Current Use
Lease Details
34
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
852
Businesses Nearby
Explore this area
Business Placement
Demographics for 34947, FL
13,933
Population
4,691
Households
3
Avg Household Size
32
Median Age
19%
College-Educated
81%
High-School Grad
9.7 sq mi
ZIP Area
1,436
Density / Sq Mi
$44,985
Median Household Income
$31,968
Median Earnings
$1,125
Median Rent
$202,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six concrete block buildings offer family-sized units and an included vacant parcel in Fort Pierce.
Where is this apartment building located?
The property is located at 3202 Louisiana Ave Fort Pierce, FL.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 34 units across six concrete block buildings; 36,074 gross square feet on 1.64 acres; Unit mix includes 11 two‑bedroom and 23 three‑bedroom apartments
