909 Avenue B, Fort Pierce, FL 34950

New Listing

$555,000

Property Type: Commercial Sale Square Footage: 3,120 Status: Pending

Current Price: $555,000 List Date: 7/03/2026 Last Modified: 7/03/2026

Overview

Description

Set it and forget it! 5 side-by-side cottages near downown Fort Pierce! Rented through this year and next by a charitable organization. $5,000 this year, $5,200 next year. Insurance is $4,000 per year, taxes $3300 per year, coming out to an 8.6% CAP rate. And there's more! Fully renovated inside and out with newer roofs and impact windows, kitchen, bathrooms, flooring, etc, etc!. 4 are 1 bedroom, 1 is a 2 bedroom.

Listing Details MLS# B26048477

General Property Information

Number Of Buildings: 5
Property Sub Type: Multi Family
Number Of Units Total: 5
Price Per Unit: 111000
Occupant Type: Tenant
Building Area Main: 3120
Building Area Source: Appraiser
Year Built: 1937
Lot Size Area: 14810.4
Lot Size Acres: 0.34
Accessibility Features YN: No
Stories Total: Yes
Stories: Yes

Property Features

Building Features: Fenced Area Ceiling: Plastered Common Area Maintenance Includes: Sewer; Water Documents Available: Deed; Owner Managed Electric: Separate Meters Flooring: Vinyl Heating: Central Location of Property: City Location Possession: Close Of Escrow; Negotiable Property Condition: Resale Sale Includes: Building; Land Special Listing Conditions: Standard Source Of Expenses: Other Construction Materials: Frame Cooling: Central Air Listing Terms: Cash; Conventional; Owner May Carry; Owner Will Carry Roof: Composition Security Features: Carbon Monoxide Detector(s); Security Fence; Smoke Detector(s) Sewer: Public Sewer Special Information: City Jurisdiction Utilities: Sewer Connected; Water Connected Water Source: Public Showing Requirements: Call Listing Agent; Occupied Contingencies: Appraisal; Financing; Inspection Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 555000
Listing Service: Full Service
Seller Represented YN: No

Location and Legal

Country: United States
County Or Parish: St. Lucie
County Parish Name: St Lucie
Street Number: 909
Street Name: Avenue B
City Name: Fort Pierce
State Or Province: FL
Postal Code: 34950
Area: 7070
Geographic Area: SL07
Parcel Number: 241060401390002
Zoning: RM-6
Property Description: Owner Financing,6 co

Financial Information

Tax Annual Amount: 3607
Tax Year: 2025
Tax Legal Description: Hogg Benj Add Lot:3 Blk:I Lot SqFt:15000 Frontage: Depth:

Status Change Information

Major Change Timestamp: 2026-07-03T18:41:11Z
Major Change Type: Status Change
Status Change Date: 2026-07-03
Under Contract Type: Pending
Under Contract Date: 2026-06-30

More Information

Building and Property Details

# Of Tenants: 5
# Of Toilets: 6
% Air Conditioned: 100
Door Height: 0-8'
Interior Ceiling Height: 8
Maximum Ceiling Height: 8

Distance To Information

Miles to Beach: 4
Miles to Expressway: 5

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 5
Separate Gas Meters YN: No
Separate Water Meters YN: Yes
Number Of Separate Water Meters: 5
Number Of Meters Total: 5

Income and Expenses

Annual Total Expense: 9014
Gross Income: 62400
Gross Scheduled Income: 62400
Inc/Exp Statement Period: 2025
Insurance Expense: 3906
Maintenance Expense: 1500
Net Operating Income: 53386
Operating Expense: 9014
Vacancy Allowance Rate: 10
Other Income: 0

Unit Details

Number Of Units Leased: 5

Description of Unit Type 1

Unit Type: 1 Bedroom
Units Total: Yes
Full Baths: Yes
Annual Rent: 1040

Description of Unit Type 2

Unit Type: 2 Bedroom
Units Total: Yes
Full Baths: Yes
Annual Rent: 1040

Description of Unit Type 3

Unit Type: 1 Bedroom
Units Total: Yes
Full Baths: Yes
Annual Rent: 1040

Description of Unit Type 4

Unit Type: 1 Bedroom
Units Total: Yes
Full Baths: Yes
Annual Rent: 1040

Description of Unit Type 5

Unit Type: 1 Bedroom
Units Total: Yes
Full Baths: Yes
Annual Rent: 1040

Description of Unit Type 6

Unit Type: Efficiency
Units Total: Yes
Full Baths: Yes

Originating Details

Originating System Key: 20260703182114963609000000
Originating System ID: M00000170

Currently Not Used

Ownership Type: Corporation

Office/Member Information

DXORIGMLSID: RML

Electric

Separate Meters: Yes

Flooring

Vinyl: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Deed: Yes
Owner Managed: Yes

Location of Property

City Location: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Special Information

City Jurisdiction: Yes

Utilities

Sewer Connected: Yes
Water Connected: Yes

Building Features

Fenced Area: Yes

Ceiling

Plastered: Yes

Common Area Maintenance Includes

Sewer: Yes
Water: Yes

Heating

Central: Yes

Sale Includes

Building: Yes
Land: Yes

Construction Materials

Frame: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Owner May Carry: Yes
Owner Will Carry: Yes

Roof

Composition: Yes

Security Features

Carbon Monoxide Detector(s): Yes
Security Fence: Yes
Smoke Detector(s): Yes

Water Source

Public: Yes

Source Of Expenses

Other: Yes

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes
Occupied: Yes

Contingencies

Appraisal: Yes
Financing: Yes
Inspection: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Listing Office: EXP Realty LLC

Last Updated: July - 03 - 2026

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