424 N 6th Street, Fort Pierce, FL 34950
MULTI_FAMILY - Fort Pierce, FL
- Added:
- Apr 21, 2026
- Days on Market:
- 55
- Last Refresh:
- Jun 14 at 10:06 pm
Property Features for 424 N 6th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Gen Commercial
- Bedrooms
- 5
- Rooms
- Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 1
- Pets allowed
- Breed Restrictions, Yes
- Exterior features
- Awning(s)
- Fencing
- Chain Link
- Standard status
- Active Under Contract
- APN
- 241060300050001
- Size
- 2,054 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PLAT OF A C DITTMAR`S RE-S/D BLK 15 S 84 FT LOTS 4, 5 AND 6 (MAP 24/10C)
- Tax Annual Amount
- 4933
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Terrazzo
- Building materials
- Concrete Block - No Stucco
- Roof type
- Rolled Hot Mop
Listing agent Hoyt C Murphy Jr. License #186988 (772) 971-7424
Listing office Coldwell Banker Paradise 411 US-1, Fort Pierce, FL (772) 461-3250
Listing date Apr 21, 2026
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.
HighLights
- Income‑producing duplex with strong rental history ($2,550\/mo and $1,500\/mo) on a General Commercial corner lot.
- Prime location half a block east of US‑1, offering exceptional visibility and future development potential.
- Located near planned mega development‑Kings Landing, New Phatz Restaurant and new Holy Family Veterinary Hospital.
- General Commercial zoning allows for various future uses such as restaurant, offices, or retail.
- Includes an adjacent vacant corner commercial lot, increasing development possibilities.
- Recent upgrades include electrical meters\/breaker boxes and ceiling insulation.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.6k | $22.20 |
| − Vacancy | −$2.5k | −$1.22 |
| EGI | $43.1k | $20.98 |
| − OpEx | −$12.9k | −$6.29 |
| NOI | $30.2k | $14.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Pierce
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.328029
- Latitude
- 27.452023
