$275,000
1109 Colonial Road A & B
Fort Pierce, FL 34950
Explore the area: Fort Pierce homes for sale · St Lucie County real estate
Price Check
How this price compares
- Asking price
- $275,000
- Price per sq ft
- $172
- Original price
- $299,000
- Days on market
- 68
This multi-family property in Pinewood Subdivision went under contract with an asking price of $275,000, or $172 per square foot. The asking price has come down 8% from its original $299,000. It spent 68 days on the market before going under contract.
Estimated monthly payment
$1,445 /mo
Principal and interest only, based on $55,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $275,000
- Days on Site
- 68 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,600 sqft
- Total Sq Ft
- 1,792 sqft
- Lot Size
- 0.17 Acres
- Year Built
- 1925
- Property Type
- Multi-Family
- MLS #
- B26055298
- Property Tax
- $5,220 (2025)
- Subdivision
- PINEWOOD SUBDIVISION
- County
- St Lucie
- Status
- Under Contract
- Special Conditions
- Standard / Listed As Is
About This Property
Now offered with exceptional seller financing at a below-market 5.25% interest rate with just 20% 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!
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Under Contract
- Year Built
- 1925
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Lot Size (Acres)
- 0.17
- Living Sq Ft
- 1,600
- Total Sq Ft
- 1,792
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- SF Interme
Interior Features
- Cooling
- Ceiling Fans / Wall Window Units
- Heating
- None
- Flooring
- Tile / Wood
- Laundry
- Common Area / Outside
Exterior Features
- Construction
- CBS Concrete Block Structure / Block / Stucco
- Roof
- Flat / Shingle
- Exterior Features
- None / Outdoor Living Area
- Patio & Porch
- Covered / Patio / Porch
- Lot Features
- None / Less Than Quarter Acre
- Waterfront Features
- None
- View
- Garden
Community & HOA
- Utilities
- Electricity Connected / Sewer Connected / Water Connected
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Owner Will Carry / Owner May Carry / Private Financing Available
- Restrictions
- No Restrictions / Ok To Lease
- MLS Area
- 7080
About the Community
- Homes for Sale
- 4
- Under Contract
- 2
- Median List Price
- $399,450
- Median $/Sq Ft
- $221
- Avg Days on Market
- 173
Frequently Asked Questions
- How do I schedule a tour of 1109 Colonial Road A & B, Fort Pierce, FL 34950?
- Use the Tour button on this listing to request a showing of 1109 Colonial Road A & B, Fort Pierce, FL 34950. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1109 Colonial Road A & B, Fort Pierce, FL 34950 still available?
- 1109 Colonial Road A & B, Fort Pierce, FL 34950 is currently listed as Under Contract, and has been on the market 68 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1109 Colonial Road A & B, Fort Pierce, FL 34950?
- With 20% down ($55,000) on the $275,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1109 Colonial Road A & B, Fort Pierce, FL 34950 is about $1,445/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1109 Colonial Road A & B, Fort Pierce, FL 34950?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1109 Colonial Road A & B, Fort Pierce, FL 34950. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1109 Colonial Road A & B, Fort Pierce, FL 34950?
- Often, yes. The right offer on 1109 Colonial Road A & B, Fort Pierce, FL 34950 depends on how it's priced against comparable multi-family sales in Fort Pierce, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Rook Realty LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 23, 2026.
$275,000
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Listed by Stacey Rook, Rook Realty LLC
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Recent Sales
Recently sold homes in Pinewood Subdivision
These are the last 3 recorded closings in Pinewood Subdivision, with the price each home actually sold for rather than what it was listed at. They closed at a median of $203 per square foot. The most recent closed on October 7, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$235,000
Sold · October 7, 2026
1010 Mayflower Road
2 bed · 1 bath · 1,158 sqft · $203/sqft
$14,900 under the asking price
Sold$151,800
Sold · December 18, 2025
605 Georgia Avenue
3 bed · 2 bath · 1,446 sqft · $105/sqft
$82,800 over the asking price
Sold$180,000
Sold · November 12, 2025
607 Wendell Road
2 bed · 1 bath · 875 sqft · $206/sqft
$4,900 under the asking price
See every recorded sale in Pinewood Subdivision or find out what your Pinewood Subdivision home is worth.
