642 & 646 Eldorado ST, Fort Pierce, FL 34949
$2,400,000
Est. payment /mo
8,008 SqFt
Active

642 & 646 Eldorado ST Fort Pierce, FL 34949

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,008 sqft

Price per Sqft $299

MLS Listing ID B26027271

HOA Y/N No

Year Built 1984

Annual Tax Amount $43,594

Tax Year 2025

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Multi Family

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

Area 7010

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Utilities Available Electricity Available, Sewer Available, Water Available

Roof Type Composition,Shingle

Total Parking Spaces 16

Private Pool Yes

Building

Lot Description <1 Acre, < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame,Stucco

Others

Senior Community No

Tax ID 240150300620003

Ownership Partnership

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/642-646-Eldorado-Street-Fort-Pierce-FL/unbranded


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

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Sharon Colón

Sharon Colón

Agent | License ID: 3309937

+1(786) 376-2398

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642 & 646 Eldorado ST