433 N 9th N Street, Fort Pierce, FL 34950
Four fully occupied units provide steady residential income potential in a Fort Pierce quadplex setting.
- Added:
- Nov 11, 2025
- Days on Market:
- 225
- Last Refresh:
- Jun 20 at 3:22 am
Property Features for 433 N 9th N Street
General Information
- Standard status
- Active
- Size
- 1,974 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1958
Listing office London Foster Realty (954) 344-8222
Listing date Nov 11, 2025
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of London Foster Realty
HighLights
- Quadplex built in 1958 with four fully occupied units in Fort Pierce
- Gross rental income of $5,550/mo
- Unit mix includes three 2 bed/1 bath units and one 1 bed/1 bath unit
- Property features four fully occupied units for immediate residential income
Overview
Located at 433 N 9th N Street in Fort Pierce, the asset benefits from an established rental mix with multiple unit sizes. The current offering is positioned as part of a growing local market, with the property described as having strong tenant demand in the area.
For investors or owners seeking a manageable multifamily structure, this quadplex provides the benefit of multiple units under one roof, with three two-bedroom layouts and a separate one-bedroom unit. With all four units already occupied, the property can support an income-oriented ownership strategy while offering the practical advantage of diversified unit types within a single building.
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 | $43.8k | $22.20 |
| − Vacancy | −$2.4k | −$1.22 |
| EGI | $41.4k | $20.98 |
| − OpEx | −$12.4k | −$6.29 |
| NOI | $29.0k | $14.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Pierce
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.3319533
- Latitude
- 27.4518432
