Commercial Sale · Mixed Use
117 N 5TH STREET, FORT PIERCE, FL, 34950
Active36 days on marketListed Jul 14, 2026MLS #O6425092
About this property
The property at a glance
*Please do not disturb tenants.* MIXED-USE INVESTMENT OPPORTUNITY |The Royal Poinciana Building located in downtown Fort Pierce is a mixed-use freestanding building featuring approx. 5,500+/- SQFT with 12 total units. Diversified income opportunity from both office and residential tenants. Strong downtown location near waterfront, marina, dining, arts, and local amenities with plenty of on-site parking. Layout: 6 ground-floor office suites and 6 second-floor apartments. Residential mix includes 2 one-bedroom/one-bath units and 4 updated studio apartments. 1st Floor: The 6 professional office suites included shared restroom and kitchenette amenities. Strong stabilized income with future rent upside through continued rent optimization. 2nd Floor: The 6 residential components include updated studio and one-bedroom interiors with renovated bathrooms, kitchenettes, tile/plank-style flooring, and utility-inclusive rents. 7.1 cap rate at the $1,695,000 asking price. Please do not disturb tenants.
5,500
Building sq ft
$308
Price / sq ft
0.12
Lot acres
1953
Year built
12
Units
1
Building
GENERAL CO
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
7.1%
Cap rate
$141,250
Price / unit
12
Units
Estimated payment (illustrative)
Estimated payment
$8,731/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
622
Population
$14,415
Median income
44
Median age
2
Avg household
$85,164
Median home value
$320/mo
Median rent
102
Households w/ kids
Consumer profile
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
From girls night out to a movie night in with their closest gal pals, this population is all about getting the girls together for an evening of fun.
From generous tipping to standing ovations, this population has a way with giving someone a pat on the back.
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.
Recent sales
What actually sold near 117 N 5TH STREET
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,112,000
1215 HARTMAN ROAD
5,511 sqft · $202/sqft · Sold Sep 25, 2025
$200,000
212 S 7TH STREET
1,692 sqft · $118/sqft · Sold May 11, 2026
$6,000
706 N 7th Street, Fort Pierce FL 34950
Sold Apr 9, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 117 N 5TH STREET — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 117 N 5TH STREET.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of TOTAL R E CONSULTANTS INC · Joe Pelayo. MLS #O6425092.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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