$1,600,000
SOLD MAY 5, 2026

3531 S 7th St Fort Pierce, FL 34982

Fort Pierce South Neighborhood
-- Bed
2 Baths
2,000 Sq Ft
8,408 Sq Ft Lot Lot

Sale Details

Date Sold: May 5, 2026

$800 Per Sq Ft

37% Below List Price

139 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Storm Windows

About This Home

As of May 2026

Rare portfolio investment opportunity featuring five modern, newer-construction CBS duplexes totaling 10 income-producing units. Each unit offers approximately 1,000 square feet of thoughtfully designed living space with 2 bedrooms and 1 bathroom. All residences are fully equipped with in-unit washer and dryer, refrigerator, stove, dishwasher, and microwave, providing true turnkey convenience for tenants. Built less than six years ago, all duplexes feature durable CBS construction, impact windows, and energy-efficient systems, ensuring low maintenance and long-term reliability. Current rents range from $1,300 to $1,500 per unit, with strong upside potential for increased returns. All units are on city water and septic. See supplement for more info. This is an exceptional opportunity for investors seeking stable cash flow, modern construction, and future rental growth in a highly desirable portfolio offering.
These are probably some of the nicest duplexes in the County hands down. THIS IS A PACKAGE SALE OWNER WILL NOT SELL INDIVIDUALLY. See attached proforma in documents tab for rent rates, lease terms and expenses. Also see floor plan under documents tab

Last Agent to Sell the Property

Thomas Rouse

Coldwell Banker Paradise License #3444171 Listed on: 12/17/2025

Coldwell Banker Paradise

Co-Listed By

Hoyt Murphy

Coldwell Banker Paradise License #186988

Last Buyer's Agent

Melvin Robinson

Landmark Investments & Real Estate License #3023330

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,289

Year Built

  • Built in 2021

Lot Details

  • 8,408 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 2 Bathrooms
  • 2,000 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Storm Windows

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 242770100820007

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Silver Lake Park Subdivision

Building Details

  • Gross Income $216,600
  • Net Operating Income $116,993

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,289

Year Built

Built in 2021

Lot Details

8,408 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 2021
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2000.0
  • Window Features: Storm Window(s)

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 242770100820007
  • Lot Size Acres: 0.19
  • Mobile Dim Units: Feet
  • Zoning: RM-11-

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Property Net Operating Income: 116993.0
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 216600.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7289.3
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2026 05/05/26 Sold $1,600,000 -8.6% $800 / Sq Ft
01/22/2026 01/22/26 Price Changed $1,750,000 -31.5% $875 / Sq Ft
12/13/2025 12/13/25 For Sale $2,555,000 -- $1,278 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Agents Affiliated with this Home

  • Thomas Rouse

    Seller's Agent in 2026

    Thomas Rouse

    Coldwell Banker Paradise

    (772) 216-4975

    16 in this area

    129 Total Sales

    Thomas Rouse
    Section Image
  • Hoyt Murphy

    Seller Co-Listing Agent in 2026

    Hoyt Murphy

    Coldwell Banker Paradise

    (772) 971-7424

    15 in this area

    128 Total Sales

    Hoyt Murphy
    Section Image
  • Melvin Robinson

    Buyer's Agent in 2026

    Melvin Robinson

    Landmark Investments & Real Estate

    (772) 708-1518

    2 in this area

    10 Total Sales

    Melvin Robinson
    Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11148287

BeachesMLS (Greater Fort Lauderdale)
Florida St Lucie County Fort Pierce 34982 Fort Pierce South

3531 S 7th St, Fort Pierce, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.