117 N 5th Street, Fort Pierce FL

$1,645,990 · $292 per sq ft · Mixed-Use for sale

  • Property type: Mixed Use
  • Asking price: $1,645,990
  • Price per sq ft: $292
  • Building size: 5,644 sq ft
  • Lot size: 10,019 sq ft
  • Zoning: C3
  • Year built: 1953
  • Units: 12
  • Stories: 2
  • Buildings: 1
  • Parking spaces: 14
  • Parcel ID: 241060700020002
  • MLS#: B26045049
Exterior at 117 N 5th Street, Fort PierceExterior Side at 117 N 5th Street, Fort PierceParking Lot at 117 N 5th Street, Fort PierceOffice at 117 N 5th Street, Fort PierceOffice at 117 N 5th Street, Fort PierceOffice Bathroom at 117 N 5th Street, Fort PierceOffice Hallway at 117 N 5th Street, Fort PierceApartment Bedroom at 117 N 5th Street, Fort Pierce

About this property

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.

Building Features and Utilities

Operating Statement

Property taxes$866/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

About the Business at 117 N 5th Street

  • Included: Building, Land, Leases, Signs

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Total R E Consultants Inc · trec@joepelayo.com · Listing agent: Hannah Alexandria McClure

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. 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 BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 117 N 5th Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 117 N 5th Street

How much is 117 N 5th Street?
117 N 5th Street is listed at $1,645,990, about $292 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 117 N 5th Street zoned?
The listing reports zoning of C3. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 117 N 5th Street?
The listing reports 5,644 square feet of building.
When was 117 N 5th Street built?
117 N 5th Street was built in 1953. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 117 N 5th Street?
The listing reports annual property taxes of $866 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 117 N 5th Street?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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