642 Eldorado Street, Fort Pierce, FL 34949
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Active

$1,150,000

642 Eldorado Street, Fort Pierce, FL 34949

Beds
0 Baths
4,004 Sq Ft
1984 Year Built

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 Number
B26027258
Property Type
Quadruplex
City
Fort Pierce
County
St. Lucie
Subdivision
OCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN
Garage
spaces