This triplex in Fort Pierce offers an excellent income-producing investment opportunity. The property encompasses 2,319 square feet across three units, each with one floor of living space. Positioned in Main Subdivision, this residential income property provides multiple revenue streams through ownership of distinct, separated dwellings. The practical floor plan and established structure make this an attractive option for investors seeking tangible real estate assets. Acquire this triplex and build long-term equity through a proven multi-unit residential model. * All measurements are approximate and must be confirmed by the buyer. The information herein is believed to be accurate but is not guaranteed and may be subject to errors or omissions and may be changed without notice.
For sale
Price cut: $10K (9/18)
$625,000
508 PALM Avenue, Fort Pierce, FL 34982
5beds
4baths
2,319sqft
Triplex, Multi Family, Multi Family
Built in 1959
-- sqft lot
$592,800 Zestimate®
$270/sqft
$-- HOA
What's special
- 18 days
- 126
- 11
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Robert H Alarcon 561-506-6199,
A21 Realty LLC
Source: BeachesMLS,MLS#: B26077872
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Electric
Cooling
- Attic Fan, Ceiling Fan(s), Wall/Window Unit(s)
Features
- Flooring: Marble, Tile
Interior area
- Total structure area: 3,184
- Total interior livable area: 2,319 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: None
Lot
- Size: 0.33 Acres
- Features: 1/4 to 1/2 Acre Lot
Details
- Parcel number: 242270300060002
- Zoning: Medium Den
- Special conditions: Standard
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family, Multi Family
Materials
- Brick, Block
- Roof: Shingle
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Multiple Meters, Public
- Utilities for property: Electricity Available, Sewer Connected, Water Connected
Community & HOA
Community
- Pet deposit fee: $250
- Subdivision: MAIN SUBDIVISION
HOA
- Has HOA: No
Location
- Region: Fort Pierce
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $316,030
- Annual tax amount: $7,045
- Date on market: 9/18/2026
- Cumulative days on market: 18 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Sewer, Water
- Electric utility on property: Yes
Estimated market value
$592,800
$563,000 - $622,000
$1,612/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Price change | $625,000-1.6%$270/sqft |
Source:  BeachesMLS #B26077872 Report a problem | ||
| 8/14/2026 | Price change | $635,000+101500%$274/sqft |
Source: Space Coast AOR #1084848 Report a problem | ||
| 8/12/2026 | Listed for sale | $625-99.9% |
Source: Space Coast AOR #1084848 Report a problem | ||
| 8/30/2025 | Listing removed | $650,000$280/sqft |
Source: BeachesMLS #RX-11077286 Report a problem | ||
| 4/1/2025 | Listed for sale | $650,000$280/sqft |
Source: BeachesMLS #RX-11077286 Report a problem | ||
| 3/22/2025 | Listing removed | $650,000$280/sqft |
Source: BeachesMLS #RX-11041975 Report a problem | ||
| 12/23/2024 | Price change | $650,000-0.8%$280/sqft |
Source: BeachesMLS #RX-11041975 Report a problem | ||
| 12/3/2024 | Listed for sale | $655,000+107.9%$282/sqft |
Source: BeachesMLS #RX-11041975 Report a problem | ||
| 5/22/2024 | Sold | $315,000-4.5%$136/sqft |
Source: BeachesMLS #R10943181 Report a problem | ||
| 5/2/2024 | Pending sale | $329,999$142/sqft |
Source: BeachesMLS #RX-10943181 Report a problem | ||
| 4/9/2024 | Listed for sale | $329,999$142/sqft |
Source: BeachesMLS #RX-10943181 Report a problem | ||
| 4/4/2024 | Pending sale | $329,999$142/sqft |
Source: BeachesMLS #RX-10943181 Report a problem | ||
| 12/14/2023 | Listed for sale | $329,999-19.5%$142/sqft |
Source: BeachesMLS #RX-10943181 Report a problem | ||
| 11/13/2010 | Listing removed | $410,000$177/sqft |
Source: Coldwell Banker Ed Schlitt Realtors #76255 Report a problem | ||
| 2/14/2010 | Price change | $410,000-45.3%$177/sqft |
Source: Coldwell Banker, Ed Schlitt Realtors #76255 Report a problem | ||
| 2/13/2010 | Price change | $750,000+82.9%$323/sqft |
Source: Coldwell Banker, Ed Schlitt Realtors #76255 Report a problem | ||
| 2/4/2010 | Price change | $410,000-45.3%$177/sqft |
Source: Coldwell Banker, Ed Schlitt Realtors #76255 Report a problem | ||
| 2/3/2010 | Price change | $750,000+82.9%$323/sqft |
Source: Coldwell Banker, Ed Schlitt Realtors #76255 Report a problem | ||
| 1/30/2010 | Listed for sale | $410,000-45.3%$177/sqft |
Source: Coldwell Banker, Ed Schlitt Realtors #76255 Report a problem | ||
| 5/16/2009 | Price change | $750,000-10.4%$323/sqft |
Source: Coldwell Banker, Ed Schlitt Realtors #76255 Report a problem | ||
| 4/26/2009 | Listed for sale | $837,000$361/sqft |
Source: Homes & Land #76255 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 34982
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