Fixer-Upper Duplex For Sale

516 N 21st Street Fort Pierce, FL 34950

Claim this Listing
Pending
$150,000

MULTI_FAMILY - Fort Pierce, FL

Property size:
897 SF
Lot size:
0.15 Acres
Added:
Jun 2, 2026
Days on Market:
41
Last Refresh:
Jul 12 at 8:06 pm

Property Features for 516 N 21st Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Medium Den
Bedrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
Pets allowed
No, Yes
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 agent Janice Dodson License #3443987

Listing office EXP Realty LLC 10752 Deerwood Park Blvd #100, Tampa, FL

Listing date Jun 2, 2026

MLS# B26037668 Listing URL

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.

Key Highlights

  • Fort Pierce duplex with wood frame construction
  • Built in 1954
  • Tile flooring

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 $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 (±1% cap)
NOI $13,173 @ 7.0% cap · market cap 8.78%
Second Best
Apartment 5plus
$174.7K
$152.9K – $203.8K (±1% cap)
NOI $12,230 @ 7.0% cap · market cap 8.15%
Theoretical Best
Office A
$225.6K
$197.4K – $263.2K (±1% cap)
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

Suggested Use

Real Estate Agency Dental Office Building Supply Electrical Service Skin Care Clinic Parking Lot & Garage HVAC Service Law Firm Kitchen & Bath Showroom Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

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 with wood frame construction; Built in 1954; Tile flooring
Contact an agent
More about this property
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