1706 Ave D

Fort Pierce, FL 34950

$305,000
Last Sold Price
5
Beds
4
Baths
1,700 Sq. Ft.
$179 / Sq. Ft.
1,700
Sq. Ft.
$179
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 4/21/26
Sold 4/21/26
a view of a entryway door of the house

Description

Investors and creative financing enthusiasts, this multi-family property presents a compelling opportunity to build immediate cash flow with significant upside potential. This four-unit building features three one-bedroom/one-bathroom units and one two-bedroom/one-bathroom unit, offering a total of five bedrooms and four bathrooms across the property. The Upside: The numbers speak for themselves. One-bedroom units command $1,100 per month, while the two-bedroom unit can achieve $1,250 to $1,300 monthly....Investors and creative financing enthusiasts, this multi-family property presents a compelling opportunity to build immediate cash flow with significant upside potential. This four-unit building features three one-bedroom/one-bathroom units and one two-bedroom/one-bathroom unit, offering a total of five bedrooms and four bathrooms across the property. The Upside: The numbers speak for themselves. One-bedroom units command $1,100 per month, while the two-bedroom unit can achieve $1,250 to $1,300 monthly. Fully occupied, total potential revenue reaches $4,550 - $4600 per month against a mortgage of just $2,467.40, yielding an estimated gross cash flow exceeding $2,082 monthly. Unit 2 is currently occupied and generating $1,100 in rental income. All appliances are included, the water heater was replaced in 2023, and most window AC units have been updated since 2023. Utilities operate on a single meter, and the seller currently covers rodent and pest control monthly—a manageable expense for the next owner to assume. Potential Cap Rate of 12% and COC of 5.8%. The Work Needed: This property is livable with no major structural concerns, though it does present cosmetic and minor repair opportunities. The floor in Unit 4's main room has some sloping. Window upgrades throughout the building would enhance efficiency and curb appeal. The back porch stairs could be redone, and Unit 2 has a bedroom window replaced with plexiglass and bars. Units 1, 3, and 4 are currently vacant and ready for turnover improvements to maximize rental potential. The Opportunity: The seller is actively entertaining all creative financing offers, including seller financing and other flexible deal structures. This is a rare chance to acquire a cash-flowing multi-family asset with built-in equity upside through strategic renovations. Whether you are a seasoned investor or building your portfolio, this property deserves your immediate attention. Bring your best creative offer today. No assignable contracts.
  1. Listed by KEVIOUS DOUGLAS, LLC • Brokerage DRE #1069729 • RICHARD PETERS REALTY LLC
    P: (813)-417-1391 C: (813)-417-1391 kevious.realtor@gmail.com

Property Details for 1706 Ave D

Subdivision Name
COURTNEY TERRACE SUB
Township
35
Waterfront
No
LISTING UPDATED: 04/21/2026 02:08 PM

Property Details for 1706 Ave D

StatusSold
MLS #TB8489404
Days on Market5
Taxes$3,835 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1951
Lot Size0.10 AC / 4,400 SF
CountySt. Lucie County
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Location

Listing Courtesy of RICHARD PETERS REALTY LLC

Sold By RICHARD PETERS REALTY LLC

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Building Information for 1706 Ave D

Stories-Residences-Year Built1951Building Size-Lot Size0.10 AC / 4,400 SF

Payment Calculator

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$1,855 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,536

Property Taxes

$320

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1706 Ave D

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1995.0
  • Building Area Units: Square Feet
  • Directions: Heading north on I-95 N, use the right 2 lanes to take exit 131 to merge onto FL-68 E/Orange Ave. Drive 3.0 miles then turn left onto N 25th St. Drive another 0.4 miles and turn right onto Ave D. In 0.5 miles, destination will be on the left.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1706
  • Street Name: AVENUE D
  • State: FL
  • City: FORT PIERCE
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 0
  • Tax Book Number: 6-7
  • Tax Legal Description: COURTNEY TERRACE S/D W 35 FT OF LOTS 15 AND 16 AND N 10 FT OF E 90 FT OF LOT 16
  • Tax Lot: 16
  • Tax Year: 2025
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 240960100160001
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: NEIGHBORHO
  • Living Area: 1700
Property and Assessments
  • Year Built Numeric: 1951
  • Flood Zone Code: X
  • Flood Zone Date: 02-19-2020
  • Flood Zone Panel: 12111C0179K
  • New Construction: No
  • Public Survey Range: 40
  • Public Survey Section: 09
Utilities
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete
  • Exterior Features: Private Entrance
  • Foundation Details: Brick/Mortar
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 5
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Heating: None, Wall Units / Window Unit
  • Interior Features: Solid Surface Counters, Solid Wood Cabinets
  • Laundry Features: None
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $13,000.00
  • Gross Income: $54,600
  • Unit Count: 4
Rental
Rental Information
  • Total Actual Rent: $4,550

Property History for 1706 Ave D

DateEvent & SourcePriceAppreciation
Apr 21, 2026

Sold

MFRMLS #TB8489404

$305,000—
Apr 17, 2026

Sold (Public Record)

Public Record #1936750005

$305,000

-3.0% / yr

Mar 28, 2026

Pending

MFRMLS #TB8489404

—
DateEvent & SourcePrice
04/21/2026

Sold

MFRMLS #TB8489404

$305,000
04/17/2026

Sold (Public Record)

Public Record #1936750005

$305,000

-3.0% / yr

03/28/2026

Pending

MFRMLS #TB8489404

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1706 Ave D

Taxable ValueLand-Additions-Total-
Tax Record2024$3,560 ($297 / month)
Home Facts
Baths4Total Finished SqFt1,700 SqFtAbove Grade Finished SqFt1,700 SqFtStories2Lot Size4,400 SqFtStyleMulti-Family Dwelling (2-4)Year Built1951ZoningNEIGHBORHOCountyST. LUCIEAPN2409-601-0016-000-1

Schools near 1706 Ave D

This home is within St. Lucie.
Rating
School
Type
Grades
Distance
Lawnwood Elementary School
Public - PK to 5
St. Lucie Elementary School
Public - PK to 5
Weatherbee Elementary School
Public - PK to 5
Chester A. Moore Elementary School
Public - PK to 8
Rating
School
Distance
Lawnwood Elementary School
PublicPK to 5

St. Lucie Elementary School
PublicPK to 5

Weatherbee Elementary School
PublicPK to 5

Chester A. Moore Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RICHARD PETERS REALTY LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.