Duplex with In-Law
New
For Sale
$524,900
354 Baysinger Avenue, Fort Pierce, FL 34982
Residential Income, Fort Pierce, FL
Property Size2,960 SF
Lot Size0.69 Acres
Price / SF$177.33
Days on Market2
Property Features for 354 Baysinger Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RS-3 - Cou
Bedrooms
8
Full bathrooms
5
Rooms
Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 8, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 7, Bathroom 4, Bedroom 3, Bathroom 5, Bedroom 5
Patio and Porch features
Patio
Pets allowed
Yes, No
Pool private
1
Exterior features
Storage
Subdivision
REGINA PALMS
Lot features
Oversized Lot
Standard status
Active
APN
340350101660005
Size
2,960 SF
Lot size
0.69 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
REGINA PALMS S/D BLK 7 LOTS 20, 21 AND 22 (0.69 AC)
Tax Annual Amount
7633
Legal Description
REGINA PALMS S/D BLK 7 LOTS 20, 21 AND 22 (0.69 AC)
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Well
Amenities
pool
Building Details
Year built
1990
Floors in Building
1
Number of units
2
Flooring type
Tile, Laminate
Building materials
Frame
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
RE/MAX Masterpiece Realty · RE/MAX International
(772) 340-2700
Listed By:
Jay N Keller · License #400179
(772) 263-1064
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 24 at 2:06PM
MLS# B26092092
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 1990 frame duplex includes a two-story main residence and a separate one-bedroom in-law suite with a full kitchen. A private pool and patio are additional on-site features. Interior and exterior renovation work remains unfinished, and materials for several interior improvements are on site.
The property has central heating and air conditioning, a shingle roof, a well water source, and public sewer service. Electricity is listed as available. Zoning is identified as RS-3 - Cou.
The property has central heating and air conditioning, a shingle roof, a well water source, and public sewer service. Electricity is listed as available. Zoning is identified as RS-3 - Cou.
Key Highlights
- Two‑story main residence with a separate one‑bedroom suite and full kitchen
- Private pool and patio
- Interior and exterior renovation work remains unfinished; some interior materials are on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,468
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,360
$869.4K
Cap Rate 7%
$620,971
$621.0K
Cap Rate 9%
$482,978
$483.0K
Market Conditions
NOI Build-Up for 2,960 SF
Gross rent
$65.7K $22.20/SF
− Vacancy
−$3.6K −$1.22/SF
EGI
$62.1K $20.98/SF
− OpEx
−$18.6K −$6.29/SF
NOI
$43.5K $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%
$869,360
Cap Rate 7%
$620,971
Cap Rate 9%
$482,978
Alternative Uses
Best Use
Multifamily LT 5
$621.0K
$543.4K – $724.5K
NOI $43,468 @ 7.0% cap · market cap 8.28%
Second Best
Apartment 5plus
$576.5K
$504.5K – $672.6K
NOI $40,358 @ 7.0% cap · market cap 7.69%
Theoretical Best
Office A
$744.4K
$651.4K – $868.5K
NOI $52,108 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
390
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 - A separate one-bedroom suite with a full kitchen accompanies the two-story main residence.
Where is this duplex located?
The property is located at 354 Baysinger Avenue Fort Pierce, FL.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: Two‑story main residence with a separate one‑bedroom suite and full kitchen; Private pool and patio; Interior and exterior renovation work remains unfinished; some interior materials are on site
