642 Eldorado Street, Fort Pierce FL 34949

$1,150,000

$287/sq ft

$50,000
Price Decreased

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Overview

Year Built

1984

Sqft

4004

Property Type

Quadruplex

Property Description

Rare opportunity to acquire two adjacent fourplex buildings totaling 8 large 2BR/1.5BA units in one of Fort Pierce's fastest-growing coastal submarkets. Located near the Intracoastal, beaches, Jetty Park, marinas, restaurants, and downtown entertainment, this fully occupied multifamily portfolio offers immediate cash flow with approximately $157,800 in current gross annual income. Units average approximately 1,001 SF and feature separate electric meters, impact windows, and recent renovations. Frame and stucco construction with strong rental history and future upside through lease optimization. Positioned near major redevelopment projects including the planned surf park and continued Port of Fort Pierce expansion.

Property Details

MLS#

B26027258

Total Floor in Bldg

2

Address

642 Eldorado

City

Fort Pierce

State/county

FL

Zip/Postal Code

34949

Area

Ocean View Subdivision Rep

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$21,797

Maint Fee

$--

Tax Year

2025

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Boris Gelfand