Duplex with In-Law
New
For Sale
$524,900
354 Baysinger Avenue #A, Fort Pierce, FL 34982
A separate one-bedroom suite with a full kitchen complements the main two-story residence.
Property Size2,960 SF
Lot Size0.71 Acres
Price / SF$177.33
Days on Market5
Property Features for 354 Baysinger Avenue #A
General Information
Standard status
Active
Size
2,960 SF
Lot size
0.71 Acres
Property subtype
Duplex
Additional Details
Multifamily Units
2
Building Details
Year Built
1990
Listing Agency:
RE/MAX Masterpiece Realty
(772) 340-2700
Listed By:
Jay N Keller · License #400179
(772) 263-1064
Source:
Lehmannflorida
Added: Oct 23
Changed: Oct 27
Last Checked: Oct 26 at 3:27PM
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 RE/MAX Masterpiece Realty
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Investment Insights
Based on property information with market context.
The property includes a two-story, 2,288-square-foot home with a pool and a separate 576-square-foot, one-bedroom suite with a full kitchen. Renovations were underway, and materials for interior work—including flooring, tile, sinks, toilets, doors, and paint—are on site. The exterior work includes replacement of wood siding. The property occupies 0.71 acres and is a short drive from the Intracoastal Waterway.
Key Highlights
- Two‑story home measures 2,288 square feet and includes a pool
- Separate 576‑square‑foot, one‑bedroom suite with a full kitchen
- 0.71‑acre lot
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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Property Analytics
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Open Analytics
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 complements the main two-story residence.
Where is this duplex located?
The property is located at 354 Baysinger Avenue #A 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 home measures 2,288 square feet and includes a pool; Separate 576‑square‑foot, one‑bedroom suite with a full kitchen; 0.71‑acre lot
