Three-Unit
For Sale
$245,000
918 N 10th St, Fort Pierce, FL 34950
Three separate residences provide a mix of two-bedroom, one-bedroom, and efficiency layouts.
Property Size1,096 SF
Price / SF$223.54
Days on Market44
Property Features for 918 N 10th St
General Information
Standard status
Active
Size
1,096 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA, 1 x efficiency
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$2,990
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Ethan McAuliffe PA · License #3348418
(772) 359-0300
Source:
Exprealty
Added: Sep 19
Changed: Oct 31
Last Checked: Nov 1 at 7:28AM
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 EXP Realty LLC
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Investment Insights
Based on property information with market context.
This triplex contains three residences: a two-bedroom, one-bathroom unit, a one-bedroom, one-bathroom unit, and an efficiency. The building totals 1,096 square feet.
The property is at 918 N 10th St in Fort Pierce, near downtown and the beaches.
The property is at 918 N 10th St in Fort Pierce, near downtown and the beaches.
Key Highlights
- Three residences: 2/1, 1/1, and efficiency
- 1,096 square feet total
- Near downtown and beaches
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,095
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,900
$321.9K
Cap Rate 7%
$229,929
$229.9K
Cap Rate 9%
$178,833
$178.8K
Market Conditions
NOI Build-Up for 1,096 SF
Gross rent
$24.3K $22.20/SF
− Vacancy
−$1.3K −$1.22/SF
EGI
$23.0K $20.98/SF
− OpEx
−$6.9K −$6.29/SF
NOI
$16.1K $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%
$321,900
Cap Rate 7%
$229,929
Cap Rate 9%
$178,833
Alternative Uses
Best Use
Multifamily LT 5
$229.9K
$201.2K – $268.3K
NOI $16,095 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$213.5K
$186.8K – $249.1K
NOI $14,943 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$275.6K
$241.2K – $321.6K
NOI $19,294 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences provide a mix of two-bedroom, one-bedroom, and efficiency layouts.
Where is this triplex located?
The property is located at 918 N 10th St Fort Pierce, FL.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Three residences: 2/1, 1/1, and efficiency; 1,096 square feet total; Near downtown and beaches
