Multifamily Portfolio in Fort
For Sale
$374,000
810 N 17th Street, Fort Pierce, FL 34950
Multifamily portfolio generating monthly income with potential for increase.
Property Size1,064 SF
Days on Market398
Property Features for 810 N 17th Street
General Information
Standard status
Active
Size
1,064 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$4,547
Building Details
Building Size
1,064 SF
Year Built
1960
Listing Agency:
ANTHONY SANTANGELO PA
Listed By:
Anthony Santangelo · License #3486972
(954) 812-8490
Source:
Meyerlucas
Added: Sep 18, 2025
Changed: Oct 19
Last Checked: Oct 19 at 12:45PM
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 ANTHONY SANTANGELO PA
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Investment Insights
Based on property information with market context.
This multifamily portfolio for sale includes multiple properties with long-term tenants, generating $16,311 per month with potential for increased revenue. A property manager is available to stay on. The portfolio includes properties at 808 N 17th St, 810 N 17th St, 201 N 17th St, 308 N 18th St, and 513 N 17th St, all located in Fort Pierce, FL 34950. The properties offer immediate cash flow.
Key Highlights
- Generates $16,311 monthly income.
- Immediate cash flow.
- Multi‑family portfolio.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,507
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,140
$290.1K
Cap Rate 7%
$207,243
$207.2K
Cap Rate 9%
$161,189
$161.2K
Market Conditions
NOI Build-Up for 1,064 SF
Gross rent
$27.7K $26.04/SF
− Vacancy
−$1.3K −$1.25/SF
EGI
$26.4K $24.79/SF
− OpEx
−$11.9K −$11.16/SF
NOI
$14.5K $13.63/SF
Area
St. Lucie County, FL
Vacancy
4.80%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,140
Cap Rate 7%
$207,243
Cap Rate 9%
$161,189
Alternative Uses
Best Use
Apartment 5plus
$207.2K
$181.3K – $241.8K
NOI $14,507 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$267.6K
$234.1K – $312.2K
NOI $18,731 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
407
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily portfolio generating monthly income with potential for increase.
Where is this multifamily property located?
The property is located at 810 N 17th Street Fort Pierce, FL.
What is the asking price?
The asking price for this property is $374,000.
What are key features of this property?
This property features: Generates $16,311 monthly income.; Immediate cash flow.; Multi‑family portfolio.
