*Please Do Not Disturb Tenants* This boutique four-unit oceanfront apartment building offers an extraordinary opportunity for investors seeking a luxury coastal property with versatile income potential. Perfectly positioned on the sandy beaches and turquoise waters of the Atlantic Ocean in Fort Pierce, the property comprises four beautifully renovated 2BR/2BA residences designed for comfort, style, and effortless beachside living.
Each unit is individually metered for water and electric, allowing for efficient utility management and flexible leasing arrangements. Investors can capitalize on multiple income strategies—from short-term or vacation rentals to long-term leases—or choose to reserve one oceanfront residence for personal use and enjoy the privilege of owning a private retreat on the beach.
236 days
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172
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2
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Zillow last checked:
Listing updated:
Listed by:
Reid Armor772-286-6292,
NAI Southcoast
Source: Martin County REALTORS® of the Treasure Coast (MCRTC),MLS#: M20053148Originating MLS: Martin County
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Facts & features
Interior
Heating
Electric
Cooling
Electric
Interior area
Total structure area: 5,096
Total interior livable area: 4,504 sqft
Property
Features
On waterfront: Yes
Waterfront features: Ocean Access, Ocean Front
Lot
Size: 0.29 Acres
Details
Parcel number: 240181000070003
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex, Multi Family, Multi Family
Materials
Block, Concrete
Condition
Resale
Year built: 1975
Community & HOA
Community
Features: Non-Gated
Subdivision: Tropical Beach
HOA
Has HOA: No
Services included: None
Location
Region: Fort Pierce
Financial & listing details
Price per square foot: $722/sqft
Annual tax amount: $29,422
Date on market: 11/17/2025
Cumulative days on market: 236 days
Listing terms: Cash,Conventional
Ownership: Other-see broker remarks
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,628/mo
Price history
Date
Event
Price
5/29/2026
Price change
$3,250,000-2.8%$722/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20053148Report a problem
2/9/2026
Price change
$3,345,000-1.5%$743/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20053148Report a problem
1/5/2026
Price change
$3,395,000-2.9%$754/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20053148Report a problem
11/20/2025
Listed for sale
$3,495,000+277.8%$776/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20053148Report a problem
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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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