Two-Story Apartment
For Sale
Contact for pricing
516 S 5th St, Fort Pierce, FL 34950
Well-maintained two-story efficiency apartment building with wood floors, Murphy beds, and a carport.
Property SizeContact for details
Days on Market121
Property Features for 516 S 5th St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Cap Rate
12.6%
Amenities
car port
enclosed front porch
fireplace
Building Details
Year Built
1925
Stories
2
Listing Agency:
RT Commercial Real Estate
Listed By:
Alex Rodriguez-Torres · License #FL
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 12:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RT Commercial Real Estate
Investment Insights
Based on property information with market context.
This well-maintained two-story efficiency apartment building was built in 1925 and features wood floors and vintage-style bathtubs. Units include Murphy beds, and the property has upgraded electric and plumbing. The remaining exterior work noted is new interior paint and minor repairs.
The building includes a carport, an enclosed front porch, and a fireplace. A new roof was installed in 2017 with warranty. The property is located one block from US #1.
The listing notes a projected 12.6% cap rate and indicates the property is in a zoned commercial area, with potential for future conversion to commercial use such as offices.
The building includes a carport, an enclosed front porch, and a fireplace. A new roof was installed in 2017 with warranty. The property is located one block from US #1.
The listing notes a projected 12.6% cap rate and indicates the property is in a zoned commercial area, with potential for future conversion to commercial use such as offices.
Key Highlights
- Well‑maintained two‑story efficiency apartment building built in 1925
- Features include wood floors, Murphy beds, and vintage‑style bathtubs
- New roof installed in 2017 with warranty
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,443
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Well-maintained two-story efficiency apartment building with wood floors, Murphy beds, and a carport.
Where is this residential income property located?
The property is located at 516 S 5th St Fort Pierce, FL.
What are key features of this property?
This property features: Well‑maintained two‑story efficiency apartment building built in 1925; Features include wood floors, Murphy beds, and vintage‑style bathtubs; New roof installed in 2017 with warranty
