Two Duplexes on Hutchinson
662 Granada St, Fort Pierce, FL 34949
For Sale
$795,000
Two CB stucco duplexes on a single parcel for sale.
Property Size3,732 SF
Price / SF$213.02
Days on Market352
Property Features for 662 Granada St
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
NAI Southcoast
Listed By:
Reid Armor · License #FL #SL3328981
(772) 631-4248
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 8 at 4:55AM
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 NAI Southcoast
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Investment Insights
Based on property information with market context.
This offering features two concrete block stucco duplexes situated on a single parcel. Each of the four units includes two bedrooms and one bathroom, along with in-unit washer and dryer hookups. The units also have large enclosed carports that function as Florida rooms. The property is suitable for multifamily investors.
Key Highlights
- Two CB stucco duplexes on a single parcel.
- Located on Hutchinson Island.
- All four units are 2 bedroom 1 bathroom.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,806
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,096,120
$1.1M
Cap Rate 7%
$782,943
$782.9K
Cap Rate 9%
$608,956
$609.0K
Market Conditions
NOI Build-Up for 3,732 SF
Gross rent
$82.9K $22.20/SF
− Vacancy
−$4.6K −$1.22/SF
EGI
$78.3K $20.98/SF
− OpEx
−$23.5K −$6.29/SF
NOI
$54.8K $14.69/SF
Area
St. Lucie County, FL
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,096,120
Cap Rate 7%
$782,943
Cap Rate 9%
$608,956
Alternative Uses
Best Use
Multifamily LT 5
$782.9K
$685.1K – $913.4K
NOI $54,806 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$726.9K
$636.1K – $848.1K
NOI $50,884 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$938.5K
$821.2K – $1.09M
NOI $65,698 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
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Business Placement
Demographics for 34949, FL
8,027
Population
8,033
Households
1
Avg Household Size
65
Median Age
47%
College-Educated
96%
High-School Grad
9.4 sq mi
ZIP Area
854
Density / Sq Mi
$92,188
Median Household Income
$37,219
Median Earnings
$1,484
Median Rent
$427,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Fort Pierce, FL
Properties on Market for Duplexes in Fort Pierce
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two CB stucco duplexes on a single parcel for sale.
Where is this duplex located?
The property is located at 662 Granada St Fort Pierce, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two CB stucco duplexes on a single parcel.; Located on Hutchinson Island.; All four units are 2 bedroom 1 bathroom.
