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1412 Bayshore Drive, Fort Pierce, FL, 34949

3beds
3baths
2,481sqft
$775,000
$312price/sqft
$4,842/moest. monthly cost
$193,680/yrincome needed

About This Home

Situated on picturesque Hutchinson Island in Fort Pierce, FL, this beautifully renovated triplex presents a prime investment opportunity in one of the area's most desirable coastal locations. The two-story property features a versatile unit mix, including a spacious 2-bedroom, 2-bathroom unit, a 1-bedroom, 1-bathroom unit, and an additional efficiency unit. Currently generating rental income ranging from $1,150 to $2,200 per month, the property offers flexible leasing options, including seasonal and short-term rentals, maximizing income potential. This asset is ideally suited for investors seeking strong cash flow, rental flexibility, and long-term appreciation in a high-demand beachside market.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
55
BikeBikeable

Schools

4/10
5/10
Dan Mccarty SchoolGrades 6-83.2 mi

Construction

Condition

  • Property condition: Resale,Updated/Remodeled
  • Year built: 1957

Materials

  • Roof: Metal
  • Construction materials: Block,Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 3,501
  • Total interior livable area: 2,481 sqft

Property

Details

  • Parcel number: 240160100430005
  • Zoning: HI Medium
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: None
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 9,147 sqft
  • Features: < 1/4 Acre

Parking

  • Total spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters in St. Lucie County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,918$47,016
Home Insurance *$62$744
Property Taxes $613$7,356
Electricity $249$2,996
Total$4,842$58,104
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$166,011/yr
40% on housing$145,260/yr
45% on housing$129,120/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.7%
14.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 8.7%
8.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$312This listing

vs Other Active Listings

Avg $/sqft

ZIP 34949$407
St. Lucie County$217

vs Homes Sold Last Month

Median $/sqft

ZIP 34949$567
St. Lucie County$215

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-30Listed for sale$799,000
2022-02-07Listing removed--
2021-09-03Listing removed$779,900
2021-09-03Listed for sale$779,900
2019-10-25Sold$340,000
2019-09-11Listed for sale$375,000

For Sale by Agent

AgentJeremiah B Baron
BrokerageCommercial Real Estate LLC

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