Duplex in 5298 Deleon Avenue, Fort Pierce, FL 34951 for sale with MLS# B26046317

Updated cash-flowing duplex in the quiet Lakewood Park neighborhood-ideal for savvy investors looking for great returns without immediate capital expenditures. Generating $3,350 in gross monthly income with room to grow. $1,800 for the 3/2 & $1,550 for the fully renovated 2/1 - The heavy lifting is already done. Brand-new $22,000 roof in 2026. Brand new AC unit in 3 bdrm unit in 2026, newer septic system & a newer well, you can purchase this property and not have to worry about major mechanical or structural expenses for a long time. The 2-bed unit has been fully renovated-- kitchen, updated bathroom, flooring & fresh paint. The 3-bed unit has a new kitchen & other updates. Both units have Big bedrooms, alot of closet space + screened patios + fenced yard. 3 bed unit is mnth to mnth.

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5298 Deleon Avenue, Fort Pierce, FL 34951

Price
Price:
$399,900.00
Original List Price:
$450,000.00
List Price per Sq Ft (Calculated, Approx.):
$155.9
Lease Details
Tenant Pays:
Electricity, Cable Tv
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
Price Reduced
Last Major Update on:
July 29, 2026 7:37 pm
Measures
Living Area:
2,565 Sqft
Built-Up Area:
2,985 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Size Acres:
0.45
Property Features
Waterfront:
No
Exterior:
Storage
Other Structures:
Shed(s)
Laundry:
Washer Hookup, Electric Dryer Hookup
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Fence:
Back Yard
Storm Protection Details:
Storm Shutters
Construction
Year Built:
1976
Roof:
Shingle
Number of Units Total:
2
Levels:
One
Construction Materials:
CBS
Flooring:
Laminate, Ceramic Tile
Number of stories:
1
Structure Type:
Duplex
Number of Units in the Community or Building:
2
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$6,965.34
Tax Year:
2025
Tax Assessed Value:
$304,678.00
Property Tax Details:
County Only
Utilities
Sewer:
Septic Tank
Utilities Available:
Sewer Available, Water Available, Electricity Connected
Water Source:
Well
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
LAKEWOOD PARK UNIT 12A
Senior Community:
No
Restrictions:
No Restrictions
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Documents Available:
Other
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
LAKEWOOD PARK-UNIT 12-A- BLK 167LOT 17 (MAP 13/12S)
Real Estate Folio Number (Parcel Number):
130161500180004
Zoning:
RM-5 - Cou
Listing History
Active on the market since:
June 28, 2026
Listing Agreement executed on:
June 28, 2026
Price change occurred on:
July 29, 2026 7:37 pm
Listing Status Last Changed On:
June 28, 2026 4:42 pm
Photos updated on:
June 28, 2026 5:05 pm
Last Modified:
August 4, 2026 7:00 pm
Additional Information
Courtesy of:
Approved Realty Solutions, Inc
Attribution:
Not provided
Location
Street Name:
Deleon
Street Number:
5298
City:
Fort Pierce
State:
Florida
Zip Code:
34951
County:
St. Lucie
Latitude:
N27° 31' 49''
Longitude:
W81° 36' 21.8''
Street Suffix:
Avenue
Property Map

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Neighborhood Stats

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

Median Household Income $63,214
Median Home Value $229,600
Median Rent $1,186/mo
Median Age 57
Population 16,871

Air Quality

Source: AirNow.gov · Indian River County

🌬️ Air Quality Index (AQI) 23 Good
☀️ O3 23 Good
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Association of REALTORS®
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