Description

Excellent investment opportunity on South Hutchinson Island! This well-located five-plex at 1240 Carlton Court features five one-bedroom, one-bath residences with approximately 4,400 square feet of total living area and storage space on a spacious 0.34-acre lot. Built in 1981, the property offers strong income-producing potential in one of Fort Pierce’s most desirable rental areas. Residents enjoy convenient access to beautiful beaches, the Indian River Lagoon, restaurants, shopping, marinas and nearby downtown Fort Pierce. An outstanding opportunity for investors seeking multiple rental units, long-term appreciation and an island location with year-round tenant appeal. Buyer to verify all measurements, unit details and financial information.

Address

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Address: CARLTON
City: Fort Pierce
State/county: St Lucie

Details

Updated on July 31, 2026 at 8:55 am

Property ID B26056972
Price $2,100,000
Land Area 0.34 Sq Ft
Year Built 1981
Type Multi Family
Property Status Commercial Sale

Additional details

AccessibilityFeatures Accessibility Features
AssociationAmenities Beach Access
AssociationFee 0
BuildingAreaSource Appraiser
BuildingAreaTotal 4400
BuildingFeatures Exterior Lighting, Storage
BuildingName 1240
BusinessType Rental
CLIP 2521759021
CommunityFeatures Near Schools
ConstructionMaterials Concrete, Stucco
ContractStatusChangeDate 2026-07-27
Cooling Central Air, Ceiling Fan(s)
CumulativeDaysOnMarket 7
CurrentPrice 2100000
DaysOnMarket 7
DaysOnMarketReplication 7
DaysOnMarketReplicationDate 2026-07-31
DaysOnMarketReplicationIncreasingYN 1
Directions Seaway Drive east to Carlton Ct. turn right property is on your left
Disclosures Flood Plain Disclosure
DistanceToFreewayNumeric 7
DocumentsAvailable Financials, Ground Photo
DocumentsCount 0
Electric Separate Meters
Flooring Laminate, Tile
FoundationDetails Slab
Heating Central, Individual
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
LeasableArea 4400
Levels One
ListAOR BeachesMLS
ListAgentAOR BeachesMLS
ListAgentDirectPhone 772-519-6786
ListAgentEmail donna.coastalliving@gmail.com
ListAgentFirstName Donna
ListAgentFullName Donna L Benton
ListAgentKey 26842060
ListAgentKeyNumeric 26842060
ListAgentLastName Benton
ListAgentMiddleName L
ListAgentMlsId 53060262
ListAgentNationalAssociationId 283004096
ListAgentOfficePhone 772-519-6786
ListAgentPreferredPhone 772-519-6786
ListAgentStateLicense 3060262
ListAgentURL www.SouthernCastles.com
ListOfficeAOR BeachesMLS
ListOfficeEmail Donna@SouthernCastles.com
ListOfficeKey 5933904
ListOfficeKeyNumeric 5933904
ListOfficeMlsId 276540052
ListOfficeName Southern Castles
ListOfficePhone 772-519-6786
ListingAgreement Exclusive Right With Exception
ListingContractDate 2026-07-24
ListingKey 1178351333
ListingKeyNumeric 1178351333
ListingService Full Service
ListingTerms Cash, Conventional
LotFeatures Business Park, City Lot, Industrial Park, Landscaped, Residential Lot, 1/4 to 1/2 Acre Lot, Subdivision
LotSizeArea 14810
MLSAreaMajor 7010
MajorChangeTimestamp July 27, 2026 at 11:24am
MajorChangeType New Listing
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp July 31, 2026 at 07:47am
NumberOfBuildings 1
NumberOfSeparateElectricMeters 5
NumberOfSeparateWaterMeters 5
NumberOfUnitsLeased 0
NumberOfUnitsTotal 5
OccupantType Tenant
OnMarketDate 2026-07-27
OnMarketTimestamp 2026-07-27T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-07-31T03:46:22.560-00:00
OriginalEntryTimestamp July 27, 2026 at 11:24am
OriginalListPrice 2100000
OriginatingSystemID M00000170
OriginatingSystemKey 629186519
OriginatingSystemListAgentMemberKey 1267972
OriginatingSystemListOfficeKey 1159471
OriginatingSystemModificationTimestamp 2026-07-31T03:46:22.560-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_BEACH
OwnershipType Limited Partnership
ParcelNumber 240160100261001
ParkingFeatures Assigned, Guest
ParkingTotal 8
Permission IDX
PhotosChangeTimestamp July 30, 2026 at 09:54pm
PhotosCount 29
Possession Close Of Escrow
PostalCity Fort Pierce
PostalCodePlus4 3061
PropertyCondition Resale, Updated/Remodeled
PropertySubTypeAdditional Multi Family
RoadFrontageType City Street
RoadResponsibility Public Maintained Road
RoadSurfaceType Asphalt
Roof Concrete
Sewer Public Sewer
ShowingContactPhone 772-519-6786
SignOnPropertyYN 1
SourceSystemID TRESTLE
SourceSystemKey 1178351333
SourceSystemName flexmls
SpecialListingConditions Standard, Listed As-Is
StateOrProvince FL
StatusChangeTimestamp July 27, 2026 at 11:24am
Stories 1
StoriesTotal 1
StreetName CARLTON
StreetNumber 1240
StreetNumberNumeric 1240
StreetSuffix Court
TaxAnnualAmount 16729
TaxAssessedValue 638493
TaxLegalDescription REVISED PLAT OF BLKS 17, 21 AND 22 FT PIERCE BEACH S/D BLK 21 LOTS 18 AND 19
TaxYear 2025
TenantPays Cable TV, Minor Interior Maintenance, Sewer, Trash Collection, Water
UniversalPropertyId US-12111-N-240160100261001-R-N
Utilities Electricity Connected, Sewer Connected, Water Connected
VideosCount 0
WaterSource Multiple Meters, Public
Zoning HI Medium