1240 CARLTON Court, Fort Pierce FL
$2,049,000 · $466 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $2,049,000
- Price per sq ft: $466
- Building size: 4,400 sq ft
- Lot size: 14,810 sq ft
- Zoning: HI Medium
- Year built: 1981
- Units: 5
- Stories: 1
- Tenant pays: Cable TV, Sewer, Trash Collection, Water, Maintenance
- Buildings: 1
- Parking spaces: 8
- Units leased / vacant: 0 leased · — vacant
- Parcel ID: 240160100261001
- MLS#: B26056972
About this property
Excellent investment opportunity on South Hutchinson Island! This well-located five-plex at 1240 Carlton Court features five one-bedroom, one-bath residences with approximately 4,400 square feet of total living area and storage space on a spacious 0.34-acre lot. Built in 1981, the property offers strong income-producing potential in one of Fort Pierce's most desirable rental areas. Residents enjoy convenient access to beautiful beaches, the Indian River Lagoon, restaurants, shopping, marinas and nearby downtown Fort Pierce. An outstanding opportunity for investors seeking multiple rental units, long-term appreciation and an island location with year-round tenant appeal. Buyer to verify all measurements, unit details and financial information.
Building Features and Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Stucco
- Concrete Block - With Stucco
Rent Roll
| Unit type | Units | Beds / baths | Size | Rent per unit | Pro forma |
|---|---|---|---|---|---|
| 2 Bedroom | — | 2 / 1 | — | — | — |
| 2 Bedroom | — | 2 / 1 | — | — | — |
| 2 Bedroom | — | 2 / 1 | — | — | — |
| 2 Bedroom | — | 2 / 1 | — | — | — |
| 2 Bedroom | — | 2 / 1 | — | — | — |
Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.
Operating Statement
| Property taxes | $16,729/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 1240 CARLTON Court
- Included: Building, Fixtures, Land
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Southern Castles · Donna@SouthernCastles.com · Listing agent: Donna L Benton
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 1240 CARLTON Court or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 1240 CARLTON Court
- How much is 1240 CARLTON Court?
- 1240 CARLTON Court is listed at $2,049,000, about $466 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 1240 CARLTON Court zoned?
- The listing reports zoning of HI Medium. 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 1240 CARLTON Court?
- The listing reports 4,400 square feet of building.
- When was 1240 CARLTON Court built?
- 1240 CARLTON Court was built in 1981. 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 1240 CARLTON Court?
- The listing reports annual property taxes of $16,729 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 1240 CARLTON Court?
- 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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