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!

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1109 Colonial Road A & B, Fort Pierce, FL 34950

Price
Price:
$279,000.00
Original List Price:
$299,000.00
List Price per Sq Ft (Calculated, Approx.):
$186.87
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:
August 6, 2026 1:38 pm
Other Special Conditions:
Sold As-is, Presently Leased
Measures
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
Property Features
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)
Construction
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
Taxes and Expenses
Tax Annual Amount:
$5,220.12
Tax Year:
2025
Tax Assessed Value:
$206,184.00
Property Tax Details:
City/County, Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Utilities Available:
Electricity Connected, Sewer Connected, Water Connected
Water Source:
Public
Community
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
Terms
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
Zoning and Legal
Tax Legal Description:
PINEWOOD S/D BLK 25 LOT 9
Real Estate Folio Number (Parcel Number):
241560103890005
Zoning:
SF Interme
Listing History
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
Additional Information
Courtesy of:
Rook Realty LLC
Attribution:
Not provided
Road Surface Type:
Paved
Location
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
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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