Property 1240 CARLTON Court, Fort Pierce, FL for sale with MLS# B26056972
Excellent investment opportunity on South Hutchinson Island! This well-located five-plex at 1240 Carlton Court features five one-bedroom, one-bath residences with approximately 4,400 square feet of total living area and storage space on a spacious 0.34-acre lot. Built in 1981, the property offers strong income-producing potential in one of Fort Pierce's most desirable rental areas. Residents enjoy convenient access to beautiful beaches, the Indian River Lagoon, restaurants, shopping, marinas and nearby downtown Fort Pierce. An outstanding opportunity for investors seeking multiple rental units, long-term appreciation and an island location with year-round tenant appeal. Buyer to verify all measurements, unit details and financial information.
1240 CARLTON Court, Fort Pierce, FL
- Price:
- $2,100,000.00
- Original List Price:
- $2,100,000.00
- Tenant Pays:
- Water, Sewer, Trash Collection, Cable Tv, Maintenance
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Business Type:
- Rental
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- July 27, 2026 3:24 pm
- Other Special Conditions:
- Sold As-is, Flood Zone
- Built-Up Area:
- 4,400 Sqft
- Building Area Source:
- Appraiser
- Lot Features:
- Landscaped
- Lot Size Acres:
- 0.34
- Air Conditioning
- Air Conditioning System:
- Ceiling Fan(s), Central Individual
- Heating
- Heating System:
- Central Individual
- Building:
- Exterior Lighting, Storage
- Road Responsibility:
- Public Maintained Road
- Year Built:
- 1981
- Roof:
- Concrete
- Number of Buildings:
- 1
- Number of Units Total:
- 5
- Construction Materials:
- Concrete Block - With Stucco
- Flooring:
- Tile, Laminate
- Number of stories:
- 1
- Stories:
- 1
- Road Frontage Type:
- City Street
- Foundation Details:
- Slab
- Flood Zone Code:
- AE
- Property Condition:
- Resale, Updated/remodeled
- Tax Annual Amount:
- $16,729.00
- Tax Year:
- 2025
- Tax Assessed Value:
- $638,493.00
- Parking Total Spaces:
- 8
- Parking Features:
- Assigned, Guest
- Sewer:
- Public Sewer
- Electric:
- Separate Meters
- Utilities Available:
- Electricity Connected, Sewer Connected, Water Connected
- Water Source:
- Public
- Building Name:
- 1240
- Senior Community:
- No
- Documents Available:
- Photos, Investment Analysis
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Negotiable Seller Concessions
- Tax Legal Description:
- REVISED PLAT OF BLKS 17, 21 AND 22 FT PIERCE BEACH S/D BLK 21 LOTS 18 AND 19
- Real Estate Folio Number (Parcel Number):
- 240160100261001
- Zoning:
- HI Medium
- Active on the market since:
- July 27, 2026
- Listing Agreement executed on:
- July 24, 2026
- Listing Status Last Changed On:
- July 27, 2026 3:24 pm
- Photos updated on:
- July 30, 2026 9:49 pm
- Last Modified:
- July 31, 2026 7:44 am
- Courtesy of:
- Southern Castles
- Attribution:
- Not provided
- Road Surface Type:
- Asphalt
- Street Name:
- CARLTON
- Street Number:
- 1240
- City:
- Fort Pierce
- State:
- Florida
- County:
- St. Lucie
- Latitude:
- N27° 27' 55.4''
- Longitude:
- W81° 42' 0.6''
- Street Suffix:
- Court
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