Great investment opportunity! Fully renovated duplex with NO HOA featuring two updated units. Unit A offers 2 bedrooms and 1 bathroom, while Unit B features 3 bedrooms and 1 bathroom. Both units have brand-new kitchens with stainless steel appliances, new bathrooms, and new flooring throughout. The property also includes a brand-new roof and is served by one water meter and one electric meter, making it a move-in-ready, income-producing investment.
Multi-familyProperty Type
1951Year Built
$234Price/Sq.Ft.
2 spacesParking
Listed by Fernanda Ibarra• Direct Realty Solutions
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
501 Wendell Rd · $449,000
DAYS ON MARKET
328 days
The average home goes pending in 42 days.
SALE-TO-LIST
89.7%
Most homes are selling 10% below list price.
LIST PRICE
$449,000
Median list price in this area is $295,511. (34% lower than this home)
PRICE DROP
0 price drops
18% 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
Blinds on windows
Bedrooms
Two 3-bedroom units (one unit type with 2 bedrooms)
One 2-bedroom unit
Bathrooms
Each unit includes 1 full bathroom
Flooring
Tile flooring
Heating & cooling
Wall/window air conditioning units
Exterior features
Less than quarter acre lot
Zoned Medium D
Home design
Single-story property
Parking
Open parking for residents (total 2 parking spaces)
Construction
Block construction
Shingle roof
Resale property
Utilities
Public water
Public sewer
Cable service not available
Financial info
Multifamily setup with three units total (two 3-bed units and one 2-bed unit)
One 3-bedroom unit is leased with reported rent of $2,140
Units are listed as unfurnished
Electricity and solar
View estimated energy costs and solar savings for this home
The medium density residential district is designed to accommodate a variety of housing types, including conventional single-family dwellings, duplexes and, where desirable, townhome dwellings, mobile homes or multifamily housing with 3 or more dwelling units. Maximum gross densities should generally not exceed 10 units per acre for conventional developments and 12 units per acre for innovative residential developments. This intensity of residential use is envisioned for locations which have public water and sewer service and which have adequate access to arterial or collector streets.
Permitted uses
Include but are not limited to:
Garden center
Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Park & open space
Feb 8, 2014 • Final
Electric miscellaneous
Electrical
Jun 17, 2013 • Final
Storage shed
ADU
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk 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)
71
54
75
58
79
63
81
69
86
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76
89
76
91
77
88
77
82
74
79
64
76
61
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 501 Wendell Rd
$422,772
$26K under list price of $449K
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $170K to $329K.