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Offered at $279,000Active
beds
—
baths
0
sq ft
1,600
Built
1925

1109 Colonial Road #A & B

Fort Pierce, FL 34950

About this home

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!

Listing last checked: Listing updated:

Listed by Stacey Rook · Rook Realty LLC · MLS #B26055298

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Details at a glance

Interior3 property facts
Heating
None
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Flooring
Tile, Wood
Building5 property facts
Style
Duplex
Year built
1925
Parking
6
Foundation
Block
Roof
Flat, Shingle
Land & utilities4 property facts
Lot size
0.17 acres
Water
Public
Sewer
Public Sewer
Zoning
SF Interme
Financial2 property facts
Annual taxes
$5,220
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $279,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,846 / monthAdjust
Principal & interest
$1,411
Property tax
$435
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,220. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 1109 Colonial Road #A & B

Can I request a private showing?

Request a tour of 1109 Colonial Road #A & B and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.