$1,645,990

117 N 5th Street, Fort Pierce FL

Price per sqft$291.64

Built in1953

Property size5,644 sqft

Property typeCommercial

Courtesy of Hannah Alexandria McClure with Total R E Consultants Inc

Overview

Active

Listed Jun 24, 2026

Updated 4 weeks ago

Fully leased Downtown Fort Pierce mixed-use investment opportunity featuring approx. 5,500 SF with 12 total units: 6 ground-floor office suites and 6 second-floor apartments. Residential mix includes 2 one-bedroom/one-bath units and 4 updated studio apartments. 7.1% cap rate at the $1,695,000 asking price. Updated apartment interiors, office income, on-site parking, and strong downtown location near waterfront, marina, dining, arts, and local amenities. Please do not disturb tenants. Royal Poinciana Building offers diversified income from both residential and office tenants. The upstairs residential component includes updated studio and one-bedroom interiors with renovated bathrooms, kitchenettes, tile/plank-style flooring, and utility-inclusive rents. The first-floor office component includes 6 professional office suites with shared restroom and kitchenette amenities. Strong stabilized income with future rent upside through continued rent optimization.

Other Property Details

Taxes: $866
Tax Frequency: Annually

Also listed on RMLS & RAGFL

Courtesy of Total R E Consultants Inc, Hannah Alexandria McClure,
Listing Contact: 772-237-9002

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 9/16/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 3:21 PM UTC, 9/16/2026