642 Eldorado Street, Fort Pierce, FL 34949

$1,150,000
4,004
SqFt

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List Price
$1,150,000
Price Change
▼ $50,000 1784322589
MLS#
B26027258
Sq. Ft
4,004
Subtype
Quadruplex
County
St. Lucie
Subdivision
Ocean View Subdivision Replat Holley & Morgan
Year Built
1984
Sewer
Public Sewer
Water
Multiple Meters, Public
Pets Allowed
No Pet Restrictions, Yes

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.

Additional Information

Heating
Central
Cooling
Central Air
Roof
Shingle
Exterior Features
None
Parking Spaces
8
Flooring
Tile
Construction
Frame, Stucco

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Calculator source: Real Geeks

Listing courtesy of LPT Realty, LLC. Contact: