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1702 Avenue L 6 Unit Apartment Building $2,303,268 CAD ($383,878 CAD/Unit) Fort Pierce, FL 34950
INVESTMENT HIGHLIGHTS
- Front and center on Avenue L, across from a nationally ranked high school.
- Walkable neighborhood with sidewalks, streetlights, and strong tenant appeal.
- 8 minutes to hospital, 20 to Amazon and Walmart warehouses.
- Six 4BR/2BA homes on one acre, formerly duplexes, never vacant.
- Under 10 minutes to beaches, 4 minutes to historic downtown Fort Pierce.
- Located in a thriving area with clean water, parks, culture, and redevelopment.
EXECUTIVE SUMMARY
Prime Multifamily Opportunity in Fort Pierce, FL
Welcome to 1702 Avenue L, a centrally located gem on Florida’s Treasure Coast. This one-acre property sits on the east side of 25th Street, directly across from one of the nation’s top-rated high schools—making it a standout for families and long-term tenants. The site features six single-family homes, each configured as spacious 4-bedroom, 2-bath units. Originally designed as 2/1 duplexes, these homes offer flexible layouts ideal for investors seeking strong rental income in a high-demand area.
Unmatched Location & Lifestyle Access
Residents enjoy the best of Fort Pierce living—clean water, vibrant culture, and easy access to the scenic Fort Pierce Inlet and local parks. The property is less than 10 minutes from the beach, just 4 minutes from the charming historic downtown, and only 8 minutes from a Level III trauma center hospital. Sidewalks and streetlights enhance walkability and safety, while proximity to major employers like Amazon and Walmart warehouses (within 20 minutes) ensures consistent tenant interest. This property has never been vacant, underscoring its strong appeal and reliable occupancy.
Redevelopment Potential & Investment Value
With ongoing redevelopment in Fort Pierce and the property's central location, 1702 Avenue L offers excellent upside potential. Whether you're looking to expand your portfolio or capitalize on the area's growth, this multifamily site delivers both stability and opportunity. The homes are well-positioned for long-term appreciation, and the surrounding infrastructure supports future enhancements. Don’t miss your chance to own a turnkey investment in one of Florida’s most promising coastal markets.
Welcome to 1702 Avenue L, a centrally located gem on Florida’s Treasure Coast. This one-acre property sits on the east side of 25th Street, directly across from one of the nation’s top-rated high schools—making it a standout for families and long-term tenants. The site features six single-family homes, each configured as spacious 4-bedroom, 2-bath units. Originally designed as 2/1 duplexes, these homes offer flexible layouts ideal for investors seeking strong rental income in a high-demand area.
Unmatched Location & Lifestyle Access
Residents enjoy the best of Fort Pierce living—clean water, vibrant culture, and easy access to the scenic Fort Pierce Inlet and local parks. The property is less than 10 minutes from the beach, just 4 minutes from the charming historic downtown, and only 8 minutes from a Level III trauma center hospital. Sidewalks and streetlights enhance walkability and safety, while proximity to major employers like Amazon and Walmart warehouses (within 20 minutes) ensures consistent tenant interest. This property has never been vacant, underscoring its strong appeal and reliable occupancy.
Redevelopment Potential & Investment Value
With ongoing redevelopment in Fort Pierce and the property's central location, 1702 Avenue L offers excellent upside potential. Whether you're looking to expand your portfolio or capitalize on the area's growth, this multifamily site delivers both stability and opportunity. The homes are well-positioned for long-term appreciation, and the surrounding infrastructure supports future enhancements. Don’t miss your chance to own a turnkey investment in one of Florida’s most promising coastal markets.
PROPERTY FACTS
| Price | $2,303,268 CAD | Building Class | C |
| Price Per Unit | $383,878 CAD | Lot Size | 1.02 AC |
| Sale Type | Investment | Building Size | 7,038 SF |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 2.27/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | 0800 | ||
| Price | $2,303,268 CAD |
| Price Per Unit | $383,878 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.02 AC |
| Building Size | 7,038 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 2.27/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | 0800 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 24-04-701-0013-0002 | Improvements Assessment | $820,103 CAD |
| Land Assessment | $218,880 CAD | Total Assessment | $1,038,983 CAD |
PROPERTY TAXES
Parcel Number
24-04-701-0013-0002
Land Assessment
$218,880 CAD
Improvements Assessment
$820,103 CAD
Total Assessment
$1,038,983 CAD
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