Triplex with
For Sale
$650,000
950 REVELS Lane, Fort Pierce, FL 34982
Residential Income, Fort Pierce, FL
Property Size2,714 SF
Lot Size0.38 Acres
Price / SF$239.50
Days on Market8
Property Features for 950 REVELS Lane
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
Medium Den
Bedrooms
9
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 9, Bedroom 2, Bedroom 6, Bathroom 4, Bedroom 5, Bedroom 7, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 8
Patio and Porch features
Patio
Pets allowed
Yes
Fencing
Privacy, Chain Link
Subdivision
SILVER LAKE PARK SUBDIVISION
Lot features
Corner Lot
Directions
Midway to North on Oleander Av follow to Revels and make a right then house on left
Standard status
Active
APN
242770101170002
Size
2,714 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SILVER LAKE PARK S/D BLK 5 LOTS 21 AND 22
Tax Annual Amount
8286
Legal Description
SILVER LAKE PARK S/D BLK 5 LOTS 21 AND 22
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Wall/Window Unit(s), Central Air, Window Unit(s), Electric
Water source
Public
Building Details
Year built
1978
Floors in Building
1
Number of units
3
Flooring type
Terrazzo, Laminate, Tile
Building materials
Concrete, Concrete Block - With Stucco
Roof type
Metal
Listing Agency:
Atlantic Shores ERA Powered
(772) 228-2111
Listed By:
Jason M Coley · License #3146240
(772) 201-5229
Added: Oct 9
Changed: Oct 15
Last Checked: Oct 16 at 11:06AM
MLS# B26087416
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.
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Investment Insights
Based on property information with market context.
This triplex contains 2,714 square feet and was built in 1978. Exterior construction includes concrete and concrete block with stucco, beneath a metal roof. Interior flooring includes tile, terrazzo, and laminate, and the property has a patio. Chain-link and privacy fencing are also present.
The 0.38-acre property is in Fort Pierce, in St. Lucie County. It has public water service and a septic tank. The recorded zoning designation is Medium Den.
The 0.38-acre property is in Fort Pierce, in St. Lucie County. It has public water service and a septic tank. The recorded zoning designation is Medium Den.
Key Highlights
- Triplex with 2,714 square feet
- 0.38‑acre parcel in Fort Pierce, St. Lucie County
- Built in 1978
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,856
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$797,120
$797.1K
Cap Rate 7%
$569,371
$569.4K
Cap Rate 9%
$442,844
$442.8K
Market Conditions
NOI Build-Up for 2,714 SF
Gross rent
$60.3K $22.20/SF
− Vacancy
−$3.3K −$1.22/SF
EGI
$56.9K $20.98/SF
− OpEx
−$17.1K −$6.29/SF
NOI
$39.9K $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%
$797,120
Cap Rate 7%
$569,371
Cap Rate 9%
$442,844
Alternative Uses
Best Use
Multifamily LT 5
$569.4K
$498.2K – $664.3K
NOI $39,856 @ 7.0% cap · market cap 6.13%
Second Best
Apartment 5plus
$528.6K
$462.6K – $616.7K
NOI $37,004 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$682.5K
$597.2K – $796.3K
NOI $47,777 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
Explore this area
Business Placement
Demographics for 34982, FL
27,067
Population
12,356
Households
2.2
Avg Household Size
43
Median Age
15%
College-Educated
84%
High-School Grad
15.5 sq mi
ZIP Area
1,746
Density / Sq Mi
$54,025
Median Household Income
$33,661
Median Earnings
$1,254
Median Rent
$228,300
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 - A 1978 triplex on a 0.38-acre parcel includes a patio and chain-link and privacy fencing.
Where is this triplex located?
The property is located at 950 REVELS Lane Fort Pierce, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Triplex with 2,714 square feet; 0.38‑acre parcel in Fort Pierce, St. Lucie County; Built in 1978
