For sale

$299,000

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

2beds

4baths

1,600sqft

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Duplex, Multi Family, Multi Family

Built in 1925

-- sqft lot

$-- Zestimate^®

$187/sqft

$-- HOA

What's special

Brand-new bathroomCharming covered front porchNewer kitchen

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!

18 hours

28

2

Facts & 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

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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: $187/sqft
Tax assessed value: $206,184
Annual tax amount: $5,220
Date on market: 7/22/2026
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

Price history

Date	Event	Price
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

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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