Duplex in 1109 Colonial Road A & B, Fort Pierce, FL 34950 for sale with MLS# B26055298
Now offered with exceptional seller financing at a below-market 5.5% interest rate with just 15% 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 1920s 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!
1109 Colonial Road A & B, Fort Pierce, FL 34950
- Price:
- $279,000.00
- Original List Price:
- $299,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $186.87
- Tenant Pays:
- Electricity, Cable Tv
- 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:
- August 6, 2026 1:38 pm
- Other Special Conditions:
- Sold As-is, Presently Leased
- Living Area:
- 1,600 Sqft
- Built-Up Area:
- 1,792 Sqft
- Building Area Source:
- Public Records
- Living Area Source:
- Public Records
- Lot Size Acres:
- 0.17
- View from the Property:
- Garden
- Waterfront:
- No
- Patio and Porch:
- Patio, Porch, Patio - Covered, Patio - Open, Porch - Open
- Laundry:
- Common Area, Outside
- Air Conditioning
- Air Conditioning System:
- Ceiling Fan(s), Wall/window Unit(s)
- Year Built:
- 1925
- Roof:
- Flat, Shingle
- Number of Units Total:
- 2
- Levels:
- One
- Construction Materials:
- Stucco, CBS
- Flooring:
- Tile, Wood
- Number of stories:
- 1
- Structure Type:
- Duplex
- Number of Units in the Community or Building:
- 2
- Stories:
- 1
- Foundation Details:
- Block
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $5,220.12
- Tax Year:
- 2025
- Tax Assessed Value:
- $206,184.00
- Property Tax Details:
- City/County, Tax Reflects No Exemptions
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Connected, Sewer Connected, Water Connected
- Water Source:
- Public
- Membership Details:
- No Membership Available
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- PINEWOOD SUBDIVISION
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
- Documents Available:
- Copy Of Lease(s)
- Listing Terms Considered by Seller:
- Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note), Owner Will Carry Points, Private Financing Available
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- PINEWOOD S/D BLK 25 LOT 9
- Real Estate Folio Number (Parcel Number):
- 241560103890005
- Zoning:
- SF Interme
- Active on the market since:
- July 22, 2026
- Listing Agreement executed on:
- July 22, 2026
- Price change occurred on:
- August 6, 2026 1:38 pm
- Listing Status Last Changed On:
- July 22, 2026 5:46 pm
- Photos updated on:
- July 22, 2026 5:46 pm
- Last Modified:
- August 6, 2026 1:39 pm
- Courtesy of:
- Rook Realty LLC
- Attribution:
- Not provided
- Road Surface Type:
- Paved
- Street Name:
- Colonial
- Street Number:
- 1109
- Unit Number:
- A & B
- City:
- Fort Pierce
- State:
- Florida
- Zip Code:
- 34950
- County:
- St. Lucie
- Latitude:
- N27° 26' 1.8''
- Longitude:
- W81° 40' 12.7''
- Street Suffix:
- Road

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