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USAFLFort Pierce120 Avenue a E Backus Ave
120 Avenue A E Backus Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Fort Pierce FL | Image 1
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120 Avenue a E Backus Ave, Fort Pierce, FL

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $4,511
Days Active 0
Approx. Age 1901
MLS® Number F10525969

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare investor opportunity in downtown Fort Pierce. Directly across from King’s Landing ($100M+ mixed-use project), the planned Marriott, and marina expansion, this property is entitled for 3 STR units with potential to expand to 6 units (±1, 000 SF each).Investor Highlights: Projected STR gross revenue: $225K–$350K annually. Potential stabilized cap rate: 7–8%. CRA zone with incentives, grants, and streamlined approvals. Excellent walk score to dining, entertainment, and waterfront amenities. Across from major redevelopment, appreciating property values and overall CBD gentrification. Seller financing may be considered for qualified buyers, creating a competitive advantage in today’s high-interest-rate environment and enhance acquisition feasibility/ project structuring. Highest bid pricingShow Description
MLS® NumberF10525969
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1901
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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