642 Eldorado ST, Fort Pierce, FL 34949
642 Eldorado ST, Fort Pierce, FL 34949
642 Eldorado ST, Fort Pierce, FL 34949
20
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$1,150,000
Est. payment /mo
4,004 SqFt
Price Dropped by $50K

642 Eldorado ST Fort Pierce, FL 34949

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,004 sqft

Price per Sqft $287

Subdivision Ocean View Subdivision Rep

MLS Listing ID B26027258

Style Two Story,Fourplex

HOA Y/N No

Year Built 1984

Annual Tax Amount $21,797

Tax Year 2025

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-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.

Location

State FL

County St Lucie

Community Ocean View Subdivision Rep

Area 7010

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Exterior Feature None

Pool None

Utilities Available Electricity Available, Sewer Available, Water Available

Roof Type Composition,Shingle

Private Pool No

Building

Lot Description <1 Acre, < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Architectural Style Two Story, Fourplex

Level or Stories Two

Structure Type Frame,Stucco

Others

Pets Allowed No Pet Restrictions

Senior Community No

Restrictions No Restrictions

Tax ID 240150300620003

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Allowed No Pet Restrictions

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by LPT Realty, LLC
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642 Eldorado ST