Fixer-Upper Duplex For
516 N 21st Street Fort Pierce, FL 34950
For Sale
$150,000
Pending
MULTI_FAMILY - Fort Pierce, FL
Property Size897 SF
Lot Size0.15 Acres
Days on Market55
Property Features for 516 N 21st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- Medium Den
- Bedrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2
- Pets allowed
- Yes, No
- Standard status
- Pending
- APN
- 240960202070000
- Size
- 897 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ALAMANDA VISTA S/D BLK J LOT 5 AND W 5 FT OF VAC ALLEY ADJ ON E
- Tax Annual Amount
- 1599
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1954
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Wood Frame
- Roof type
- Fiberglass
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Janice Dodson · License #3443987
(772) 475-1897
Added: Jun 2
Changed: Jul 25
Last Checked: Jul 26 at 12:06PM
MLS# B26037668
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 Fort Pierce duplex is offered as a fixer-upper, with the property currently suited for a buyer looking to renovate. It is listed as a duplex and is set on a 0.15-acre lot. The property size is approximately 897 square feet, and it is being marketed for purchase as-is, making it a straightforward option for investors and owner-occupants who want to update the units.
The property is located at 516 N 21st Street in Fort Pierce, Florida 34950, within St. Lucie County. The listing notes a “Medium Den” zoning designation.
As a duplex configuration, the property can support a two-unit strategy once renovations are completed. Buyers considering this asset should plan for rehabilitation consistent with its fixer-upper status, and evaluate the layout and condition to determine how best to use each side for their intended occupancy or rental setup. For buyers who are comfortable with value-add work, the duplex format offers a clear, manageable path compared with larger multi-family buildings.
The property is located at 516 N 21st Street in Fort Pierce, Florida 34950, within St. Lucie County. The listing notes a “Medium Den” zoning designation.
As a duplex configuration, the property can support a two-unit strategy once renovations are completed. Buyers considering this asset should plan for rehabilitation consistent with its fixer-upper status, and evaluate the layout and condition to determine how best to use each side for their intended occupancy or rental setup. For buyers who are comfortable with value-add work, the duplex format offers a clear, manageable path compared with larger multi-family buildings.
Key Highlights
- Fort Pierce duplex built in 1954
- Wood frame construction
- Tile flooring
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 | $19.9k | $22.20 |
| − Vacancy | −$1.1k | −$1.22 |
| EGI | $18.8k | $20.98 |
| − OpEx | −$5.6k | −$6.29 |
| NOI | $13.2k | $14.69 |
897 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$188.2K
$164.7K – $219.6K
NOI $13,173 @ 7.0% cap · market cap 8.78%
Second Best
Apartment 5plus
$174.7K
$152.9K – $203.8K
NOI $12,230 @ 7.0% cap · market cap 8.15%
Theoretical Best
Office A
$225.6K
$197.4K – $263.2K
NOI $15,791 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex for sale in Fort Pierce, offering an owner the chance to renovate and configure two rental-ready units.
Where is this duplex located?
The property is located at 516 N 21st Street Fort Pierce, FL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Fort Pierce duplex built in 1954; Wood frame construction; Tile flooring
