Royal Poinciana Building

117 N 5th StreetFort Pierce FLMLS Number B26045049

  • Price: $1,695,000
  • 2 Days on Market
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Federal 30-year interest rate: 6.47% last updated on Jun 18, 2026
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117 N 5th Street Fort Pierce FL
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  • 0.23Acreage
  • 1953Year Built
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.
Listing by Total R E Consultants Inc

Driving Directions

Ocean Estate Properties
Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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More Info

Tax Information

  • Tax Year 2025
  • Taxes$865

Building

  • Building ConstructionBrick, Block, Stucco
  • Stories2
  • Structure Type Mixed Use
  • Units12
  • Year Built1953

Utilities

  • Electric 100 Amp Service, Separate Meters,220 Volts
  • Heat SystemElectric, Wall Furnace
  • Heating YN Yes
  • Utilities Cable Available, Electricity Available, Water Available
  • Waste Water DisposalPublic Sewer

Other

  • Date Listed06/24/2026
  • Documents Available Contract(s), Ground Photo, Rent Rolls
  • Possession Close Of Escrow, Subject To Tenant Rights
  • Special Listing Conditions Standard

Parking

  • Parking Features Accessible Parking
  • Parking Total 14

Location

  • Address117 N 5th Street
  • Area7070
  • Building Number117
  • CountySt Lucie
  • StateFL
  • StreetN 5th Street
  • TownFort Pierce

Interior

  • Flooring Vinyl

Property Information

  • Acreage0.23
  • Lot Features < 1/4 Acre
  • Property Condition Updated/Remodeled
  • Property Sub Type Additional Mixed Use

Water Body

  • Water AccessPublic

Basic Information

  • List Price$1,695,000
  • MLS NumberB26045049
  • Modification Date06/24/2026
  • Property SubTypeMixed Use
  • Property TypeCommercial Sale
  • StatusACT

Property

  • Number Of Buildings 1
  • Property NameRoyal Poinciana Building

Exterior

  • RoofBuilt-Up, Flat

Amenities

  • Accessibility AmenitiesAccessibility Features
  • Cooling Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling YN Yes
  • Security Features Smoke Detector(s), Security Lights

Based on information submitted to BeachesMLS as of June 25, 2026 8:13 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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