For sale

$279,000

Est. $2,155/mo —

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•

— ba

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1,600

sq ft

1109 Colonial Rd Unit A & B, Fort Pierce, FL 34950

About this home

Now offered with exceptional seller financing at a below-market 5.5% interest rate with just 15% 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!

Multi-familyProperty Type

1925Year Built

7,500 sq ftLot Size

$174Price/Sq.Ft.

Listed by Stacey Rook • Rook Realty LLC

Listing updated: Aug 20, 2026 at 12:00pm

Redfin checked: a few seconds ago

•Source:Beaches MLS #B26055298

Payment calculator

$2,155 per month

Principal and interest$1,466

Property taxes

$435

HOA dues

Home insurance

$253

Utilities

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Open houses

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Around this home

Schools

K - 12
Preschool & daycare

St. Lucie Elementary School

Public PreK-5 • Assigned • 0.6mi

4/10

Dan Mccarty School

Public 6-8 • Assigned • 0.4mi

5/10

Provided by GreatSchools

About

Pinewood

Pinewood, located between US-1 and Indian River Drive, is a residential and coastal Fort Pierce neighborhood with mid-century ranch homes and breezy riverfront scenery. The neighborhood’s character concentrates around the US-1 and Virginia Avenue corridor, where local storefronts, marinas, and casual eateries set a working-waterfront tone. Streets read as low-rise and leafy, with driveways, mature trees, and a laid-back pace. Weekends often orbit the waterfront parks and boat ramps along the Indian River Lagoon. Downtown’s cultural calendar sits close by, adding galleries and live performance to the routine. The geography keeps daily life oriented to bridges, inlets, and the river’s changing light.

Provided by Walk Score and Local Logic

Market insights

1109 Colonial Rd Unit A & B · $279,000

DAYS ON MARKET

The average home goes pending in 105 days.

SALE-TO-LIST

Most homes are selling 7% below list price.

LIST PRICE

Median list price in this area is $350,000. (25% higher than this home)

PRICE DROP

19% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Tile and wood flooring
Common area and outdoor laundry access

Laundry & utility
Common area laundry
Outside laundry

Flooring
Tile
Wood

Heating & cooling
Ceiling fans
Wall/window air conditioning units

Sale and tax history for 1109 Colonial Rd Unit A & B

Sale History
Tax History

Public record

Public record
Zoning

Beds

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Baths

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Stories

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Lot width

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Lot depth

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Lot size

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Year renovated

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Finished Sq. Ft.

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Unfinished Sq. Ft.

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Total Sq. Ft.

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Year built

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Style

Multi-Family (2-4 Unit)

County

St. Lucie County

APN

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Parking Spaces

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Basement

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Accessible

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HOA Dues

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Garage

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Features

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Last updated by owner on Aug 14, 2026.

R-2

Single-Family Intermediate Density Zone

This district is designed mainly for areas of single-family dwellings with an average net density of less than five units per acre for conventional developments. In addition to housing, various public facilities and other nonresidential uses are permitted under the conditions and safeguards referred to in this section. Areas in this classification should have public water and sewer service.

Permitted uses

Include but are not limited to:

Garden center
Housing-Group
Housing-Single unit
Communications tower
Park & open space

Climate risks

3/10 Flood Factor

Estimated 10-14% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 106° expected this year, 26 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Fort Pierce, FL • 34950

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

94/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.2 hrs

6.8 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1109 Colonial Rd Unit A & B

$270,656

$8,344 under list price of $279K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $120K to $329K.

SOLD JUL 2, 2026
$329,000 Last sold price
3 beds2 baths1,525 sq ft
1905 Colonial Rd, Fort Pierce, FL 34950
$42/sq ft
larger lot
54 years newer
SOLD JAN 16, 2026
$255,000 Last sold price
3 beds2 baths1,531 sq ft
1907 Colonial Rd, Fort Pierce, FL 34950
$7/sq ft
larger lot
55 years newer
SOLD APR 15, 2026
$278,000 Last sold price
3 beds2 baths1,883 sq ft
1014 S 7th St, Fort Pierce, FL 34950
$26/sq ft
larger lot
24 years newer
SOLD AUG 4, 2026
$120,000 Last sold price
2 beds2.5 baths1,120 sq ft
2018 S 10th St Unit C, Fort Pierce, FL 34950
$67/sq ft
smaller lot
57 years newer
SOLD APR 1, 2026
$255,000 Last sold price
— beds2 baths1,500 sq ft
1400 Delaware Ave, Fort Pierce, FL 34950
$4/sq ft
smaller lot
24 years newer
SOLD JUL 24, 2026
$290,000 Last sold price
3 beds2 baths1,513 sq ft
1105 Jasmine Ave, Fort Pierce, FL 34982
$18/sq ft
larger lot
29 years newer

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