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Pinnacle Real Estate Group – FL

1156 S Ocean Drive, Fort Pierce, FL 34949 (MLS# M20053148)

1156 S Ocean Drive, Fort Pierce, FL 34949

$2,950,000
Property Type: Residential Income Square Footage: 5,096 Status: Active
Current Price: $2,950,000 List Date: 11/17/2025 Last Modified: 9/02/2026

Overview

Description

*Please Do Not Disturb Tenants* This boutique four-unit oceanfront apartment building offers an extraordinary opportunity for investors seeking a luxury coastal property with versatile income potential. Perfectly positioned on the sandy beaches and turquoise waters of the Atlantic Ocean in Fort Pierce, the property comprises four beautifully renovated 2BR/2BA residences designed for comfort, style, and effortless beachside living.Each unit is individually metered for water and electric, allowing for efficient utility management and flexible leasing arrangements. Investors can capitalize on multiple income strategies from short-term or vacation rentals to long-term leases, or choose to reserve one oceanfront residence for personal use and enjoy the privilege of owning a private retreat on the beach.

Listing Details MLS# M20053148

General Property Information

Property Sub Type
Quadruplex
Building Area Main
5096
Living Area Main
4504
Year Built
1975
Lot Size Area
12732.59
Lot Size Acres
0.29
Senior Community YN
No
Waterfront YN
Yes

Property Features

Property Condition: Resale Construction Materials: Block; Concrete Cooling: Electric Heating: Electric Listing Terms: Cash; Conventional Membership: No Membership Available Pets Allowed YN: Yes Pets Allowed: Number Limit; Size Limit Possession: Close Of Escrow Restrictions: No Restrictions Tax Information: City/County Waterfront Features: Ocean Front Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
3495000
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
St. Lucie
County Parish Name
St Lucie
Street Number
1156
Street Direction Prefix
S
Street Name
Ocean
Street Suffix
Drive
City Name
Fort Pierce
State Or Province
FL
Postal Code
34949
Postal Zip
34949
Subdivision Name
Tropical Beach
Development Name
Tropical Beach
Area
7010
Geographic Area
SL09
Parcel Number
240181000070003

Financial Information

Association Deposit YN
No
Tax Annual Amount
29422
Tax Year
2024
Tax Legal Description
TROPICAL BEACH BLK 1 LOT 7-LESS THAT PART LYG E OF LI IN PL BK 14-48- (OR 4005-1038)

Status Change Information

Major Change Timestamp
2026-08-01T22:49:14Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-08-01T22:49:14Z
Status Change Date
2025-11-18

More Information

Originating Details

Originating System Key
553708921
Originating System ID
M00000165
IDX
Listing Office: NAI Southcoast
Last Updated: September - 02 - 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.

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