INNOVATE Real Estate
Mixed Use at 117 N 5TH ST, FORT PIERCE
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8 photos

$1,645,990

117 N 5TH ST
FORT PIERCE, FL 34950
Listed by Joe Pelayo · TOTAL R E CONSULTANTS INC
Bedrooms
N/A
Bathrooms
N/A
Living area
5,500 sqft
Year built
1953

About this home

*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. 7.34 cap rate at current asking price. Please do not disturb tenants.

Property details

MLS
Stellar MLS
MLS #
MFRO6425092
Property type
Mixed Use
Subdivision
N/A
Status
Active
Days on market
64
On market date
July 14, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.12 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
CREATIVE ARTS ACADEMY OF ST. LUCIE
0.5 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
426
Student:teacher ratio
11.8:1
District
ST. LUCIE
Middle
DAN MCCARTY MIDDLE SCHOOL
1.14 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
834
Student:teacher ratio
17.7:1
District
ST. LUCIE
High
LINCOLN PARK ACADEMY
1.25 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,597
Student:teacher ratio
22.2:1
District
ST. LUCIE

Walkability

Blended score for FORT PIERCE's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

76
Walkable
out of 100
EPA National Walkability Index
12.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks12
Schools19
Transit stops12
Pharmacies2

Market position

How this listing compares to current activity in FORT PIERCE, from live MLS data.

On the market 64 days -- 116 fewer days than FORT PIERCE's current average of 180 days.
For reference, the median list price across 59 active listings in FORT PIERCE right now is $334,999.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$10,062/mo
$329,198 down
$1,316,792 loan
Principal & interest$8,541
Property tax (est.)$1,372
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated September 16, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.