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$1,695,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 117 N 5th St
General
- Price: $1,695,000
- Taxes: $865 (2025)
- Status: Active
- Type: Commercial
- Source: Regional
- MLS ID: B26045049
- Updated: 6/26/2026
- Added to Site: 4 day(s) ago
Interior
- Flooring: Terrazzo, Vinyl
Additional Information
- Security/Safety: Smoke Detector(s), Security Lights
Parking
- Total Spaces: 14
- Parking Features: Accessible Parking
Location
- County: St Lucie
- Building Name: Royal Poinciana Building
- Driving Directions: From US-1, head east on Orange Avenue, turn north on N 5th Street. Property is located on the east side of N 5th Street in Downtown Fort Pierce.
- Dist. to Freeway: 5
Community
- Community Name: 7070
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Electric, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Water Available
- # Electric Meters: 6
Structural Information
- # Buildings: 1
- Structure Type: Mixed Use
- Construction: Brick, Block, Stucco
- Roof: Built-Up, Flat
- Stories/Levels: 2
- Building Size: 5644
- Aprox. Leasable: 5,506 Sq. Ft.
- Year Built: 1953
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.23
- Lot Features: 1/4 Acre
- Zoning: C3
Financial Considerations
- Tax Amount: $865.94
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Contract(s), Ground Photo, Rent Rolls
- Legal Description: AMENDED PLAT OF BLK 2 OF RE-S/D OF RECEIVER`S S/D THAT PART OF LOTS 1 AND 2 AS DESC IN DBK 171-155 AND ALL LOT 3 AMENDED PLAT OF BLK 2 OF RE
- Property ID: 241060700020002
Listed by Total R E Consultants Inc
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Schools
Schools serving 117 N 5th St
School District:St. Lucie County School District
| Name | Grades | Distance |
|---|---|---|
St. Lucie Elementary School 2020 South 13th Street, Fort Pierce, FL 34950 | PK-5 | 1.5 mi |
Lawnwood Elementary School 1900 South 23rd Street, Fort Pierce, FL 34950 | PK-5 | 1.7 mi |
Chester A. Moore Elementary School 827 North 29th Street, Fort Pierce, FL 34947 | PK-5 | 1.8 mi |
Dan Mccarty School 1201 Mississippi Avenue, Fort Pierce, FL 34950 | 6-8 | 1.1 mi |
Forest Grove Middle School 3201 South 25th Street, Fort Pierce, FL 34981 | 6-8 | 3.2 mi |
Fort Pierce Westwood High School 1801 Panther Lane, Fort Pierce, FL 34947 | 9-12 | 3.1 mi |
Weatherbee Elementary School 800 East Weatherbee Road, Fort Pierce, FL 34982 | PK-5 | 4.5 mi |
White City Elementary School 905 West 2nd Street, Fort Pierce, FL 34982 | PK-5 | 5.3 mi |
Lakewood Park Elementary School 7800 Indrio Road, Fort Pierce, FL 34951 | PK-5 | 7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 117 N 5th St
Date
Details
Price
Change
Source
6/24/2026
Listed
$1,695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 117 N 5th St
117 N 5th Street, Fort Pierce, FL (MLS# B26045049) is a Commercial property. 117 N 5th Street is currently listed for $1,695,000 and was received on June 24, 2026. Want to learn more about 117 N 5th Street? Do you have questions about finding other Commercial real estate for sale in Fort Pierce? You can browse all Fort Pierce real estate or contact a Coldwell Banker agent to request more information.

