Two-Unit
422 18TH N Street, Fort Pierce, FL 34950
For Sale
$275,000
Residential Income, Fort Pierce, FL
Property Size1,550 SF
Lot Size0.20 Acres
Price / SF$177.42
Days on Market51
Property Features for 422 18TH N Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Full bathrooms
Rooms
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Ethan McAuliffe PA · License #3348418
(772) 359-0300
Added: Sep 18
Changed: Nov 6
Last Checked: Nov 7 at 2:06PM
MLS# B26078278
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 two-unit residential property contains approximately 1,550 square feet on a 0.2-acre lot. The building was constructed in 1971 with block and CBS materials, composition shingle roofing, and tile flooring. Each side is configured with three bedrooms and one bathroom, providing six bedrooms and two bathrooms overall. Both units are reported as fully rented.
Central heating and central air conditioning serve the property. Public water and public sewer are available, and the property carries Medium Den zoning. The building is located at 422 18TH N Street in Fort Pierce, Florida, within St. Lucie County.
Central heating and central air conditioning serve the property. Public water and public sewer are available, and the property carries Medium Den zoning. The building is located at 422 18TH N Street in Fort Pierce, Florida, within St. Lucie County.
Key Highlights
- Duplex with 3 bedrooms and 1 bathroom on each side
- Approximately 1,550 square feet on 0.2 acres
- Reported fully rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,762
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,240
$455.2K
Cap Rate 7%
$325,171
$325.2K
Cap Rate 9%
$252,911
$252.9K
Market Conditions
NOI Build-Up for 1,550 SF
Gross rent
$34.4K $22.20/SF
− Vacancy
−$1.9K −$1.22/SF
EGI
$32.5K $20.98/SF
− OpEx
−$9.8K −$6.29/SF
NOI
$22.8K $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%
$455,240
Cap Rate 7%
$325,171
Cap Rate 9%
$252,911
Alternative Uses
Best Use
Multifamily LT 5
$325.2K
$284.5K – $379.4K
NOI $22,762 @ 7.0% cap · market cap 8.28%
Second Best
Apartment 5plus
$301.9K
$264.2K – $352.2K
NOI $21,134 @ 7.0% cap · market cap 7.69%
Theoretical Best
Office A
$389.8K
$341.1K – $454.8K
NOI $27,286 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
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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
$175,900
Median Home Value
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Market
Average Price Trend$/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 - Fully rented residential income property with central air, tile flooring, and public water and sewer service.
Where is this duplex located?
The property is located at 422 18TH N Street Fort Pierce, FL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Duplex with 3 bedrooms and 1 bathroom on each side; Approximately 1,550 square feet on 0.2 acres; Reported fully rented
