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1156 S Ocean Dr 4 Unit Apartment Building $4,878,741 CAD ($1,219,685 CAD/Unit) Fort Pierce, FL 34949
INVESTMENT HIGHLIGHTS
- CBS construction enhanced with full impact-rated windows and doors, blending timeless durability with modern coastal design
- Private Beach Access Path – Exclusive walkway providing direct access from the property to the sandy shores of the Atlantic Ocean.
- Meticulous full renovation completed with designer-grade finishes
- Panoramic, unobstructed views of the Atlantic Ocean, offering an unparalleled beachfront living experience
- Each residence individually metered, providing privacy, independence, and efficient utility management
EXECUTIVE SUMMARY
This boutique four-unit oceanfront apartment building offers an extraordinary opportunity for investors seeking a luxury coastal property with versatile income potential. Perfectly positioned on the white sandy beaches and turquoise waters of the Atlantic Ocean in Fort Pierce, Florida, the property comprises four beautifully renovated two-bedroom, two-bath residences designed for comfort, style, and effortless beachside living.
Each unit is individually metered for water and electric, allowing for efficient utility management and flexible leasing arrangements. Investors can capitalize on multiple income strategies — from short-term or vacation rentals to long-term leases — or choose to reserve one oceanfront residence for personal use and enjoy the rare privilege of owning a private retreat on the beach.
The upper-level units feature sweeping, unobstructed ocean views that capture the essence of coastal Florida luxury and make this property a standout investment in one of the state’s most charming seaside communities.
Each unit is individually metered for water and electric, allowing for efficient utility management and flexible leasing arrangements. Investors can capitalize on multiple income strategies — from short-term or vacation rentals to long-term leases — or choose to reserve one oceanfront residence for personal use and enjoy the rare privilege of owning a private retreat on the beach.
The upper-level units feature sweeping, unobstructed ocean views that capture the essence of coastal Florida luxury and make this property a standout investment in one of the state’s most charming seaside communities.
PROPERTY FACTS
| Price | $4,878,741 CAD | Building Class | C |
| Price Per Unit | $1,219,685 CAD | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 5,096 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1975/2025 |
| Apartment Style | Low-Rise | ||
| Zoning | R4A | ||
| Price | $4,878,741 CAD |
| Price Per Unit | $1,219,685 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 5,096 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2025 |
| Zoning | R4A |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 4 | - | 1,100 |
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PROPERTY TAXES
| Parcel Number | 24-01-810-0007-0003 | Improvements Assessment | $734,078 CAD |
| Land Assessment | $1,543,396 CAD | Total Assessment | $2,277,474 CAD |
PROPERTY TAXES
Parcel Number
24-01-810-0007-0003
Land Assessment
$1,543,396 CAD
Improvements Assessment
$734,078 CAD
Total Assessment
$2,277,474 CAD
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