Updated cash-flowing duplex in the quiet Lakewood Park neighborhood—ideal for savvy investors looking for great returns without immediate capital expenditures. Generating $3,350 in gross monthly income with room to grow. $1,800 for the 3/2 & $1,550 for the fully renovated 2/1 - The heavy lifting is already done. Brand-new $22,000 roof in 2026. Brand new AC unit in 3 bdrm unit in 2026, newer septic system & a newer well, you can purchase this property and not have to worry about major mechanical or structural expenses for a long time. The 2-bed unit has been fully renovated-- kitchen, updated bathroom, flooring & fresh paint. The 3-bed unit has a new kitchen & other updates. Both units have Big bedrooms, alot of closet space + screened patios + fenced yard. 3 bed unit is mnth to mnth.
For sale
Price cut: $20.1K (7/29)
$399,900
5298 Deleon Avenue, Fort Pierce, FL 34951
5beds
3baths
2,565sqft
Duplex, Multi Family, Multi Family
Built in 1976
-- sqft lot
$392,200 Zestimate®
$156/sqft
$-- HOA
What's special
Fenced yardFresh paintBig bedroomsBrand new ac unitScreened patiosUpdated bathroom
- 58 days |
- 266 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Patrick Jones 305-342-2378,
Approved Realty Solutions, Inc
Source: BeachesMLS,MLS#: B26046317
Originating MLS: BeachesMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Flooring: Ceramic Tile, Laminate
Interior area
- Total structure area: 2,985
- Total interior livable area: 2,565 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
- Fencing: Back Yard
Lot
- Size: 0.45 Acres
- Features: 1/4 to 1/2 Acre Lot
Details
- Additional structures: Shed(s)
- Parcel number: 130161500180004
- Zoning: RM-5 - Cou
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Block
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: LAKEWOOD PARK UNIT 12A
HOA
- Has HOA: No
Location
- Region: Fort Pierce
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $304,678
- Annual tax amount: $6,965
- Date on market: 6/28/2026
- Cumulative days on market: 58 days
- Listing terms: Cash,Conventional
- Tenant pays: Cable TV, Electricity
- Electric utility on property: Yes
Estimated market value
Zestimate®
$392,200
Estimated sales range
$373,000 - $412,000
Rent Zestimate®
$1,942/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Price change | $399,900-4.8%$156/sqft |
Source: | ||
| 7/13/2026 | Price change | $420,000-6.7%$164/sqft |
Source: | ||
| 6/28/2026 | Listed for sale | $450,000+76.5%$175/sqft |
Source: | ||
| 3/22/2022 | Sold | $255,000$99/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Lakewood Park
Nearby schools
GreatSchools rating
- 6/10Lakewood Park Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Chester A. Moore Elementary SchoolGrades: PK-8Distance: 5.6 mi
- 3/10Fort Pierce Westwood High SchoolGrades: 9-12Distance: 5 mi
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