Multifamily in Fort Pierce, FL 34950
Pinewood, 1109 Colonial Rd #A & B

Beds
1,600
SqFt
$172
$/SqFt
Entry-Level MultifamilyProperty Type
1925Year Built
$172/SqFtPrice per sq ft
GardenView
Outdoor Living AreaExterior Features
Now offered with exceptional seller financing at a below-market 5.25% interest rate with just 20% down! Whether you're looking to grow your investment portfolio or purchase your first income-producing property, this is an outstanding opportunity. This well-maintained duplex in Fort Pierce has been consistently occupied by the same reliable, on-time paying tenants since 2022, providing immediate rental income. Each unit has its own electric meter, with one shared water meter, plus a shared washer and dryer located behind the building. Recent improvements include a new roof (2020), most windows replaced (2021), renovated interiors in both units, including one with a newer kitchen and A/C units and the other featuring a brand-new bathroom. The most recent 4-point inspection reported no deficiences. A charming covered front porch adds to the property's historic character and curb appeal. Don't miss this turnkey investment opportunity!
Listing Courtesy Of: Rook Realty LLC
Local Realty Services Provided By: Best of Luxury Realty
On Site: 100 DaysUpdated: 9 Days agoPage Views: 0

Features

MLS Number: B26055298
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: None, OutdoorLivingArea
      • View: Garden
      Interior, Heating and Cooling
      • Heating Description: None
      • Cooling Description: CeilingFans, WallWindowUnits
      Building and Construction
      • Floor Description: Tile,Wood
      • Construction Type: Duplex
      • Year Built: 1925
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2026-07-22T13:46:47.000-00:00
        • Pets Allowed: NoPetRestrictions, Yes
        Taxes, Fees & More
        • Taxes: 5220.12
        • Real Estate Taxes: 206184
        • Total Floors in Building: 1
        • Total Units in Building: 2
        • Total Units in Complex: 2

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        Price History

        Current
        $275K
        High
        $299K
        Low
        $275K
        Total Change
        -8%
        $302K$287K$272KJul 26Aug 26Oct 26
        Date
        Event
        Price
        Change
        Price Per
        10/14/2026
        Price Reduced
        $275K
        -1.43%
        $172 ft2
        $1,850 m2
        08/06/2026
        Price Reduced
        $279K
        -6.69%
        $174 ft2
        $1,877 m2
        07/22/2026
        Listed
        $299K
         
        $187 ft2
        $2,012 m2
        10/14/2026
        $275K
        Event
        Price Reduced
        Change
        -1.43%
        Price Per
        $172 ft2
        $1,850 m2
        08/06/2026
        $279K
        Event
        Price Reduced
        Change
        -6.69%
        Price Per
        $174 ft2
        $1,877 m2
        07/22/2026
        $299K
        Event
        Listed
        Price Per
        $187 ft2
        $2,012 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Stacey Rook • Rook Realty LLC • Buyer Agency Compensation .
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        Community Snapshot
        2 – 4 BR
        Bedrooms
        $235K – $475K
        Price Tier
        850 - 3,602
        SqFt Range
        1951
        Year Build
        1
        Total Floors

        Subdivision Amenities

        None
        Sidewalks

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