Fully Leased Mixed-Use Investment Property In Fort Pierce

Cap Rate: 7.11% Pro Forma Cap Rate: 8.00% Occupancy: 100% An outstanding opportunity to acquire a fully leased mixed-use investment property in the heart of downtown Fort Pierce, generating diversified income from both commercial office and residential tenants. The Royal Poinciana Building offers 12 income-producing units with immediate cash flow and future rental growth potential. This Class A, two-storey freestanding building comprises approximately 5,500 sq ft and includes six ground-floor professional office suites alongside six second-floor residential apartments. The residential accommodation consists of two one-bedroom, one-bathroom apartments and four updated studio apartments featuring renovated kitchens, modern bathrooms, tile and plank flooring, and utility-inclusive rents. The office suites benefit from shared restroom and kitchenette facilities, providing an attractive environment for professional tenants. Situated in a prime downtown Fort Pierce location close to the waterfront, marina, restaurants, retail, arts and entertainment, the property also offers 14 on-site parking spaces. Current ownership has created a stable investment with additional upside through continued rent optimisation and below-market rental positioning. Showings are strictly by appointment only. Please do not disturb tenants. A full investment package is available upon request.