508 PALM Avenue, Fort Pierce, FL 34982

$625,000
Property Type: Residential Income Square Footage: 3,184 Status: Active
Current Price: $625,000 List Date: 9/18/2026 Last Modified: 9/18/2026

Overview

Description

This triplex in Fort Pierce offers an excellent income-producing investment opportunity. The property encompasses 2,319 square feet across three units, each with one floor of living space. Positioned in Main Subdivision, this residential income property provides multiple revenue streams through ownership of distinct, separated dwellings. The practical floor plan and established structure make this an attractive option for investors seeking tangible real estate assets. Acquire this triplex and build long-term equity through a proven multi-unit residential model. * All measurements are approximate and must be confirmed by the buyer. The information herein is believed to be accurate but is not guaranteed and may be subject to errors or omissions and may be changed without notice.

Listing Details MLS# B26077872

General Property Information

Number Of Units Total
3
Property Sub Type
Triplex
Building Area Main
3184
Building Area Source
Public Records
Living Area Main
2319
Living Area Source
Public Records
Accessibility Features YN
No
Year Built
1959
Parking Total
6
Gated Community YN
No
Lot Size Area
14375
Lot Size Acres
0.33
Senior Community YN
No
Land Lease YN
No
Stories Total
Yes
Pool Private YN
No
LP/Assessed Value
1.98

Property Features

Documents Available: Copy Of Lease(s); Other Exterior Features: None Flooring: Marble; Tile Leasing Permitted Details: Okay To Lease Special Listing Conditions: Standard Structure Type: Triplex Tenant Pays: Electricity; Sewer; Water Construction Materials: Brick; CBS Cooling: Attic Fan; Ceiling Fan(s); Wall/Window Unit(s) Heating: Electric Levels: One Listing Terms: Cash; Conventional Main Living Area: Entry Level; Other Main Living Area Other Equipment: Satellite Dish Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; Cats OK; Dogs OK; Size Limit Possession: Close Of Escrow Restrictions: No Restrictions Roof: Shingle Sewer: Public Sewer Tax Information: City/County Utilities: Electricity Available; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Call Listing Agent; Text Listing Agent Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Dryer; Microwave; Range; Washer Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen Unit 3 Appliances: Microwave; Refrigerator Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
625000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
St. Lucie
Street Number
508
Street Name
PALM
Street Suffix
Avenue
Municipality Type
Incorporated
State Or Province
FL
Postal Code
34982
Postal Code +4
6012
Subdivision Name
MAIN SUBDIVISION
Area
7090
Geographic Area
SL07
Special Assessment YN
No
Parcel Number
242270300060002
Zoning
Medium Den
Flood Zone
X

Financial Information

Application Required YN
No
Master Association YN
No
Tax Annual Amount
7045.44
Tax Year
2025
Tax Assessed/SOH Value
316030
Tax Legal Description
MAIN S/D LOT 6-LESS E 7 FT-
Assessor Market Value
331200

Status Change Information

Major Change Timestamp
2026-09-18T17:08:46Z
Major Change Type
New Listing
Status Change Date
2026-09-18

More Information

Co-Ownership

Property Management YN
No

Leasing Permitted Details

Leasing Permitted YN
Yes

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
2
Separate Gas Meters YN
No
Separate Water Meters YN
Yes
Number Of Separate Water Meters
2

Pet Details

Pet Fee YN
Yes
Pet Fee
250

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
365

Unit 1 Details

Actual Rent
2400
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
1227

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-01-31
Occupant Type
Tenant

Unit 1 Parking Details

Carport YN
Yes
Attached Carport YN
Yes
Garage YN
No

Unit 2 Details

Actual Rent
1800
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
900

Unit 2 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-01-31
Occupant Type
Tenant

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Unit 3 Details

Actual Rent
1100
Baths Full
Yes
Efficiency YN
Yes

Price Calculations

Current Price To SqFt
269.51

Originating Details

Originating System Key
20260912121522454004000000
Originating System ID
M00000170
IDX
Listing Office: A21 Realty LLC
Source MLS Verified
Last Updated: September - 18 - 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.