Quadruplex in 1311 Emerald Terrace, Fort Pierce, FL 34950 for sale with MLS# B26028732

Rare quadruplex opportunity for investors, owner-occupants or multi-generational living. This unique property was built in 2009 and features four separate living units with strong income-producing potential and a rare compound-style layout. Ideal for creating a multi-generational family retreat. The property consists of two 2/1 units and two studios. Complete impact glass windows throughout. Ample parking to accommodate guests, boats and trailers. Located in the growing city of Fort Pierce and just 15 minutes from the highly anticipated Koa Bay community, a first-of-its-kind 204-acre surf park and lagoon development expected to transform the area with world-class recreation, dining, and entertainment. You don't want to miss this opportunity to build long-term equity!

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1311 Emerald Terrace, Fort Pierce, FL 34950

Price
Price:
$635,000.00
Original List Price:
$635,000.00
List Price per Sq Ft (Calculated, Approx.):
$229.4
Lease Details
Tenant Pays:
Electricity, Water, Sewer, Cable Tv
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Special Sale Conditions:
Standard
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
Status Change
Last Major Update on:
July 16, 2026 6:21 pm
Other Special Conditions:
Sold As-is, Presently Leased
Measures
Living Area:
2,768 Sqft
Built-Up Area:
3,829 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Size Acres:
0.25
Property Features
Waterfront:
No
Laundry:
Laundry Room
Air Conditioning
Air Conditioning System:
Central Air, Wall/window Unit(s)
Heating
Heating System:
Central, Window/wall
Fence:
Fenced, Back Yard
Storm Protection Impact Glass:
Complete
Construction
Year Built:
2009
Roof:
Shingle
Number of Units Total:
4
Levels:
One
Construction Materials:
CBS
Flooring:
Tile
Number of stories:
1
Structure Type:
Fourplex (Quadruplex), Multi Family
Number of Units in the Community or Building:
4
Stories:
1
Foundation Details:
Block
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$12,532.57
Tax Year:
2025
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Electricity Connected, Sewer Connected, Cable Connected
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
MORGAN'S SUBDIVISION
Senior Community:
No
Restrictions:
No Restrictions
Terms
Documents Available:
Rent Rolls, Copy Of Lease(s)
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
MORGAN`S S/D E 1/2 LOT 20 AND ALL LOT 21 AND N 5 FT OF VAC ALLY ADJ ON S
Real Estate Folio Number (Parcel Number):
240982000200005
Zoning:
Medium Den
Listing History
Active on the market since:
May 14, 2026
Listing Agreement executed on:
May 14, 2026
Purchase Contract Date:
June 26, 2026
Listing Status Last Changed On:
July 16, 2026 6:20 pm
Photos updated on:
May 14, 2026 11:56 pm
Last Modified:
August 6, 2026 4:38 pm
Additional Information
Courtesy of:
Partnership Realty Inc.
Attribution:
Not provided
Location
Street Name:
Emerald
Street Number:
1311
City:
Fort Pierce
State:
Florida
Zip Code:
34950
County:
St. Lucie
Latitude:
N27° 26' 29''
Longitude:
W81° 39' 43.2''
Street Suffix:
Terrace
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $32,707
Median Home Value $175,900
Median Rent $1,121/mo
Median Age 40
Population 17,674
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Association of REALTORS®
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