Two-Unit Concrete Block
For Sale
$199,900
431 N 13TH Street, Fort Pierce, FL 34950
Residential Income, Fort Pierce, FL
Property Size1,118 SF
Lot Size0.17 Acres
Price / SF$178.80
Days on Market9
Property Features for 431 N 13TH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Medium Den
Bedrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Subdivision
CLYDE KILLER'S ADDITION
Directions
Orange Ave to 13th Street, Just South of Ave D property on west side
Standard status
Active
APN
240950200380007
Size
1,118 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CLYDE KILLER`S A/D BLK 2 LOT 8 (OR 3404-1533; 3620-259)
Tax Annual Amount
1869
Legal Description
CLYDE KILLER`S A/D BLK 2 LOT 8 (OR 3404-1533; 3620-259)
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1954
Floors in Building
1
Number of units
2
Flooring type
Terrazzo
Building materials
Concrete Block - No Stucco
Roof type
Shingle
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Richard Joseph Cranmer · License #3027487
(772) 359-4042
Added: Sep 29
Changed: Oct 6
Last Checked: Oct 7 at 12:06AM
MLS# B26081854
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.
Investment Insights
Based on property information with market context.
This 1,118-square-foot duplex contains two residences, each with one bedroom and one bathroom. Built in 1954, the building has concrete block construction and terrazzo flooring. The property occupies a 0.17-acre lot in Fort Pierce.
Both units are occupied. Each has separate water and electric meters, and the property is served by public water and sewer.
Both units are occupied. Each has separate water and electric meters, and the property is served by public water and sewer.
Key Highlights
- Two units, each with 1 bedroom and 1 bathroom
- 1,118 square feet on a 0.17‑acre lot
- Separate water and electric meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,418
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,360
$328.4K
Cap Rate 7%
$234,543
$234.5K
Cap Rate 9%
$182,422
$182.4K
Market Conditions
NOI Build-Up for 1,118 SF
Gross rent
$24.8K $22.20/SF
− Vacancy
−$1.4K −$1.22/SF
EGI
$23.5K $20.98/SF
− OpEx
−$7.0K −$6.29/SF
NOI
$16.4K $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%
$328,360
Cap Rate 7%
$234,543
Cap Rate 9%
$182,422
Alternative Uses
Best Use
Multifamily LT 5
$234.5K
$205.2K – $273.6K
NOI $16,418 @ 7.0% cap · market cap 8.21%
Second Best
Apartment 5plus
$217.8K
$190.5K – $254.1K
NOI $15,243 @ 7.0% cap · market cap 7.63%
Theoretical Best
Office A
$281.2K
$246.0K – $328.0K
NOI $19,681 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
853
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has one bedroom and one bathroom, with separate water and electric meters.
Where is this duplex located?
The property is located at 431 N 13TH Street Fort Pierce, FL.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two units, each with 1 bedroom and 1 bathroom; 1,118 square feet on a 0.17‑acre lot; Separate water and electric meters for each unit
