Main Content

Home » Properties » Search MLS

1311 Emerald Terrace, Fort Pierce, FL 34950 (MLS# R10944165)

1311 Emerald Terrace, Fort Pierce, FL 34950

$575,000

Virtual Tour

https://www.propertypanorama.com/1311-Emerald-Terrace-Fort-Pierce-FL-34950/unbranded

Property Type: Residential Income Square Footage: 3,829 Status: Closed

Current Price: $575,000 List Date: 2/01/2024 Last Modified: 5/22/2026

Overview

Description

Incredibly unique multifamily property with 4 UNITS! Consisting of two spacious apartments (2 beds/1 bath each) and two (1 bed/1 bath each) studio apartments. Custom built in 2009 with a modern open living space. Fully equipped with 2 laundry rooms, concrete block construction, private parking, full impact windows and tile floors throughout. This lot is deep and has ample room for cars, boats and trailers. No HOA, no restrictions. Located in a desirable area within the growing city of Ft. Pierce. With no differed maintenance rental rates could be increased. All units are currently occupied, 2 are leased, 2 are month to month This well-built Quadplex is a great investment opportunity for investors seeking immediate cash flow!

Listing Details MLS# R10944165

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 3829
Building Area Source: Plans
Living Area Main: 2768
Year Built: 2009
Gated Community YN: No
Lot Size Area: 10725
Lot Size Acres: 0.25
Lot Size Dimensions: 75x140
Senior Community YN: No
Stories: Yes
Pool Private YN: No
Spa YN: No

Property Features

Association Amenities: None Documents Available: Copy Of Lease(s); Other Electric: Three Phase Fencing: Fenced Flooring: Tile Property Condition: Resale Structure Type: Quadruplex Tenant Pays: Cable TV; Electricity; Water Source Of Expenses: Owner Provided Construction Materials: Block; CBS; Stucco Cooling: Central Air; Wall/Window Unit(s) Heating: Central; Window/Wall Laundry Features: Outside; Washer Hookup; Dryer Hookup Listing Terms: Cash; Conventional; FHA Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Occupied; Schedule Online Occupant Details: Tenant Occupied Unit 1 Appliances: Dryer; Range; Refrigerator; Washer Unit 1 Interior Features: Built-in Shelves Unit 1 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups Unit 1 Parking Features: Open Parking; Parking Space Unit 1 Rooms: Kitchen; Separate Dining; Utility Room Unit 2 Appliances: Dryer; Range; Refrigerator; Washer Unit 2 Interior Features: Built-in Shelves Unit 2 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups Unit 2 Parking Features: Open Parking; Parking Space Unit 2 Rooms: Kitchen; Separate Dining; Utility Room Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking; Parking Space Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Open Parking; Parking Space Contingencies: Appraisal; Financing Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 595000

Location and Legal

Country: United States
County Or Parish: St. Lucie
County Parish Name: St Lucie
Street Number: 1311
Street Name: Emerald
Street Suffix: Terrace
City Name: Fort Pierce
State Or Province: FL
Postal Code: 34950
Postal Zip: 34950
Subdivision Name: N/A
Area: 7080
Geographic Area: SL07
Special Assessment YN: Yes
Parcel Number: 240982000200005
Zoning: Residential
Directions: US-1 North to Virginia Ave, turn left go east. Right on 13th st going north to Emerald Ave, turn left.
Multiple Offers Accepted: Yes

Financial Information

Tax Annual Amount: 6164
Tax Year: 2023
Tax Legal Description: MORGAN'S S/D E 1/2 LOT 20 AND ALL LOT 21 AND N 5 FT OF VAC ALLY ADJ ON S (OR 2976-1170: 3088-183)

Status Change Information

Major Change Timestamp: 2024-03-19T01:18:12Z
Major Change Type: Status Change
Status Change Date: 2024-03-18
Under Contract Date: 2024-02-17
Close Date: 2024-03-18
Close Price: 575000
Buyer Financing: Conventional

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 2400
Gross Income: 56400
Net Operating Income: 54000

Storm Protection

Impact Glass: Complete

Showing Details

Pet(s) on Premises: Yes

Unit 1 Details

Actual Rent: 1500
Baths Full: Yes
Furnished: Unfurnished
SqFt: 964

Unit 2 Details

Actual Rent: 1500
Baths Full: Yes
Furnished: Unfurnished
SqFt: 964

Unit 3 Details

Actual Rent: 850
Baths Full: Yes
Efficiency YN: Yes
Furnished: Unfurnished
SqFt: 420

Unit 4 Details

Actual Rent: 850
Baths Full: Yes
Efficiency YN: Yes
Furnished: Unfurnished
SqFt: 420

Price Calculations

Current Price To SqFt: 207.73
Original List Price To Close Price: 1.03

Originating Details

Originating System Key: 20231217160910662161000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Electric

Three Phase: Yes

Flooring

Tile: Yes

Property Condition

Resale: Yes

Documents Available

Copy Of Lease(s): Yes
Other: Yes

Fencing

Fenced: Yes

Structure Type

Quadruplex: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes
Window/Wall: Yes

Water Access

None: Yes

Construction Materials

Block: Yes
CBS: Yes
Stucco: Yes

Laundry Features

Outside: Yes
Washer Hookup: Yes
Dryer Hookup: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes

Roof

Composition: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Central Air: Yes
Wall/Window Unit(s): Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Occupied: Yes
Schedule Online: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Occupant Details

Tenant Occupied: Yes

Contingencies

Appraisal: Yes
Financing: Yes

Unit 1 Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Interior Features

Built-in Shelves: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes
Washer/Dryer Hookups: Yes

Unit 1 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 1 Rooms

Kitchen: Yes
Separate Dining: Yes
Utility Room: Yes

Unit 2 Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Interior Features

Built-in Shelves: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes
Washer/Dryer Hookups: Yes

Unit 2 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 2 Rooms

Kitchen: Yes
Separate Dining: Yes
Utility Room: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes

Unit 4 Parking Features

Open Parking: Yes
Parking Space: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: Atlantic Shores ERA Powered

Last Updated: May - 22 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Main Content

1311 Emerald Terrace, Fort Pierce, FL 34950 (MLS# R10944165)