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Triplex with Mixed Unit Layout
For Sale
$245,000

918 N 10TH Street, Fort Pierce, FL 34950

Residential Income, Fort Pierce, FL

Property Size1,096 SF
Lot Size0.15 Acres
Price / SF$223.54
Days on Market20

Property Features for 918 N 10TH Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning Medium Den
Bedrooms 4
Full bathrooms 3
Rooms Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1
Pets allowed Yes, No
Subdivision ASSESSOR'S MAP OF N PART OF FORT PIERCE
Standard status Active
APN 240370500140008
Size 1,096 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ASSESSOR`S MAP OF N PART OF FT PIERCE N 1/2 OF W 1/2 OF W 228.2FT OF LOT 10 BLK A -LESS W 25 FT AND LESS S 5 FT OF W 70 FT-
Tax Annual Amount 2991
Legal Description ASSESSOR`S MAP OF N PART OF FT PIERCE N 1/2 OF W 1/2 OF W 228.2FT OF LOT 10 BLK A -LESS W 25 FT AND LESS S 5 FT OF W 70 FT-

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1947
Floors in Building 1
Number of units 3
Flooring type Tile
Building materials Frame, Stucco
Roof type Composition
Listing Agency: EXP Realty LLC
Listed By: Ethan McAuliffe PA · License #3348418
Added: Sep 18 Changed: Oct 7 Last Checked: Oct 7 at 1:06PM
MLS# B26078273

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.

Investment Insights

Based on property information with market context.

This 1947 triplex contains 1,096 square feet on a 0.15-acre lot, with a 2/1 unit, a 1/1 unit, and an efficiency. The building uses frame and stucco construction, tile flooring, composition roofing, and window or wall/window unit cooling. Public water and public sewer serve the property, which is designated Medium Den for zoning.

Located at 918 N 10th Street in Fort Pierce, the property is described as close to downtown and the beaches. The three-unit configuration provides distinct residential layouts within a compact multifamily asset.

Key Highlights

  • Triplex with 2/1, 1/1, and efficiency unit mix
  • 1,096 square feet on a 0.15‑acre lot
  • Frame and stucco construction with composition roof

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 (±1% cap)
NOI $16,095 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$213.5K
$186.8K – $249.1K (±1% cap)
NOI $14,943 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$275.6K
$241.2K – $321.6K (±1% cap)
NOI $19,294 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Oakley Construction General Contractor

Suggested Use

Top Pick Dental Office Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

586
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential property with varied floor plans, public utilities, and tile flooring.
Where is this triplex located?
The property is located at 918 N 10TH Street 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: Triplex with 2/1, 1/1, and efficiency unit mix; 1,096 square feet on a 0.15‑acre lot; Frame and stucco construction with composition roof
More about this property
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