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 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!
For sale
Price cut: $20K (8/6)
$279,000
1109 Colonial Road #A & B, Fort Pierce, FL 34950
2beds
4baths
1,600sqft
Duplex, Multi Family, Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$174/sqft
$-- HOA
What's special
Brand-new bathroomCurb appealCharming covered front porchHistoric characterNewer kitchen
- 18 days
- 755
- 66
Zillow last checked:
Listing updated:
Listed by:
Stacey Rook 561-699-8720,
Rook Realty LLC
Source: BeachesMLS,MLS#: B26055298
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
Heating
- None
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Appliances
- Laundry: Common Area, Outside
Features
- Flooring: Tile, Wood
Interior area
- Total structure area: 1,792
- Total interior livable area: 1,600 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Porch
- Exterior features: None, Outdoor Living Area
- Fencing: None
- Has view: Yes
- View description: Garden
- Waterfront features: None
Lot
- Size: 7,500 Square Feet
- Features: None, < 1/4 Acre
Details
- Parcel number: 241560103890005
- Zoning: SF Interme
- Special conditions: Standard,Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Block, Stucco
- Foundation: Block
- Roof: Flat,Shingle
Condition
- Resale
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: PINEWOOD SUBDIVISION
HOA
- Has HOA: No
Location
- Region: Fort Pierce
Financial & listing details
- Price per square foot: $174/sqft
- Tax assessed value: $206,184
- Annual tax amount: $5,220
- Date on market: 8/19/2026
- Cumulative days on market: 40 days
- Listing terms: Owner Will Carry,Owner May Carry,Private Financing Available
- Tenant pays: Cable TV, Electricity
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,575/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $279,000-6.7%$174/sqft |
Source:  BeachesMLS #B26055298 Report a problem | ||
| 7/22/2026 | Listed for sale | $299,000$187/sqft |
Source: BeachesMLS #B26055298 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 34950
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