1156 S Ocean Dr, Fort Pierce, FL, 34949
About This Home
*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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1975
Materials
- Construction materials: Block,Concrete
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Multi Family,Multi Family
Interior
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric
Interior Area
- Total structure area: 5,096
- Total interior livable area: 4,504 sqft
Property
Details
- Parcel number: 240181000070003
Features
- On waterfront: Yes
- Waterfront features: Ocean Access,Ocean Front
Lot
- Lot size: 0.29 Acres
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
- Coastal Flooding
- Lightning
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in St. Lucie County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $14,916 | $178,992 |
| Home Insurance * | $239 | $2,868 |
| Property Taxes | $2,335 | $28,020 |
| Electricity | $453 | $5,439 |
| Total | $17,943 | $215,316 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-01 | Price change | $2,950,000 |
| 2026-05-29 | Price change | $3,250,000 |
| 2026-02-09 | Price change | $3,345,000 |
| 2026-01-05 | Price change | $3,395,000 |
| 2025-11-20 | Listed for sale | $3,495,000 |
| 2017-05-12 | Sold | $925,000 |
| 2017-02-07 | Listing removed | $1,100,000 |
| 2016-06-06 | Listed for sale | $1,100,000 |
| 2015-03-04 | Listing removed | $645,000 |
| 2015-02-20 | Listed for sale | $645,000 |
| 2014-09-04 | Sold | $455,000 |
| 2014-06-27 | Listed for sale | $444,900 |
| 2014-05-03 | Listing removed | $444,900 |
| 2014-04-29 | Price change | $444,900 |
| 2014-04-26 | Listed for sale | $452,900 |
| 2014-03-09 | Listing removed | $452,900 |
| 2014-02-21 | Price change | $452,900 |
| 2014-01-23 | Price change | $457,900 |
| 2013-12-24 | Listed for sale | $475,000 |
| 2009-08-08 | Listing removed | $850,000 |
| 2009-06-12 | Listed for sale | $850,000 |
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