611 S 21st Street, Fort Pierce, FL 34950
- Added:
- Jan 26, 2026
- Days on Market:
- 143
- Last Refresh:
- Jun 18 at 11:06 am
Property Features for 611 S 21st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 5
- Fencing
- Fenced
- Standard status
- Active
- APN
- 240971100080000
- Size
- 1,980 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- OKEECHOBEE BLVD TO NORTH ON 21ST, CORNER OF 21ST AND FLORIDA AVE
- Tax Annual Amount
- 6046
Utilities
- Utilities
- Water Available
- Water source
- Public
Building Details
- Year built
- 1951
- Floors in Building
- 1
- Number of units
- 2
Listing agent Brauner Gamboa Urena License #3283871 (772) 924-6326
Listing office Dalton Wade Inc 260 1st Ave S Suite 200, St. Petersburg, FL (888) 668-8283
Listing date Jan 26, 2026
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.
HighLights
- Income‑producing duplex on a corner, double lot in Fort Pierce, FL
- Two separately metered units, both tenant‑occupied at $1,300/month each
- Unit A: 3‑bedroom, 2‑bath unit rented for $1,300/month
- Unit B: recently updated 2‑bedroom, 1‑bath unit rented for $1,300/month
- Oversized parcel is zoned for up to a 4‑plex
- Public water available; fenced property
Overview
The property is zoned R4, with the parcel noted as zoned for up to a 4-plex. The location is identified as 611 S 21st Street, Fort Pierce, Florida 34950 in St. Lucie County.
For buyers and investors looking for a residential income property with redevelopment flexibility, this duplex provides immediate rental status with two distinct utility meters and a zoning pathway for possible expansion. The existing configuration also gives an operator a straightforward unit mix of a larger 3-bedroom home paired with an updated 2-bedroom unit.
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 | $44.0k | $22.20 |
| − Vacancy | −$2.4k | −$1.22 |
| EGI | $41.5k | $20.98 |
| − OpEx | −$12.5k | −$6.29 |
| NOI | $29.1k | $14.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Pierce
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.345841
- Latitude
- 27.442177
