951 King Orange Drive, Fort Pierce, FL 34982 (MLS# F10555883)

951 King Orange Drive, Fort Pierce, FL 34982

$1,999,000
Property Type: Residential Income Square Footage: 7,488 Status: Active
Current Price: $1,999,000 List Date: 3/02/2026 Last Modified: 4/05/2026

Overview

Description

12-UNIT VALUE-ADD OPPORTUNITY! Seize this rare chance to own a high-performing 12-unit multifamily property featuring 12 spacious 1-bedroom, 1-bath residences with the potential to convert each unit into a 2-bedroom, 1-bath layout for increased rental income. Every unit includes its own private washer and dryer, adding strong tenant appeal. This well-maintained property operates on a master water meter and produces consistent, dependable cash flow with substantial upside potential. Ideally located in desirable South Fort Pierce, it offers convenience, growth opportunity, and long-term investment strength.

Listing Details MLS# F10555883

General Property Information

Number Of Units Total
3
Property Sub Type
Triplex
Living Area Main
7488
Year Built
1995
Gated Community YN
No
Stories Total
Yes
Pool Private YN
No
LP/Assessed Value
1.59

Property Features

Documents Available: Copy Of Lease(s); Deposit - Security; Rent Rolls Flooring: Concrete Property Condition: Resale Construction Materials: CBS Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional Possession: Close Of Escrow Restrictions: Other Restrictions Roof: Aluminum Tax Information: City/County Utilities: Cable Not Available Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN
No
Listing Contract Date
2026-03-02
Original List Price
1999000

Location and Legal

Country
United States
County Or Parish
St. Lucie
County Parish Name
St Lucie
Street Number
951
Street Name
King Orange
Street Suffix
Drive
City Name
Fort Pierce
State Or Province
FL
Postal Code
34982
Postal Code +4
6466
Postal Zip
34982
Subdivision Name
Maravilla Gardens Sub
Area
7140
Geographic Area
SL05
Elementary School
Weatherbee
Middle Or Junior School
Dan Mccarty
High School
Fort Pierce Central
Parcel Number
242760100160007
Zoning
MEDIUM DEN
Directions
US 1, W ON EDWARDS, S ON OLEANDER, E ON KING ORANGE DRIVE

Financial Information

Tax Annual Amount
31054
Tax Year
2025
Tax Assessed/SOH Value
1260900
Tax Legal Description
MARAVILLA GARDENS S/D-UNIT THREE- S 80 FT OF LOT 158-LESS E982.58 FT- AND N 10 FT OF LOT 159-LESS E 982.58 FT- AND STRIP MARKED RESERVED LYG
Assessor Market Value
1260900
Estimated Monthly Assoc Recurring Fee
0

Status Change Information

Major Change Timestamp
2026-03-02T05:00:00Z
Major Change Type
New Listing
Status Change Date
2026-03-03

More Information

Co-Ownership

Property Management YN
No

Unit 1 Details

Actual Rent
1350
Baths Full
12
Efficiency YN
No
Hotel Room YN
No

Unit 1 Lease Description

Currently Leased YN
Yes

Price Calculations

Current Price To SqFt
266.96

Section Details

Parcel Number MLX
0007

Originating Details

Originating System Key
610987261
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Flooring

Concrete
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes
Deposit - Security
Yes
Rent Rolls
Yes

Possession

Close Of Escrow
Yes

Utilities

Cable Not Available
Yes

Heating

Central
Yes
Separate Meters
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Aluminum
Yes

Cooling

Central Air
Yes

Showing Requirements

Call Listing Agent
Yes

Restrictions

Other Restrictions
Yes

Tax Information

City/County
Yes
Listing Office: Realty 100
IDX
Last Updated: April - 05 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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