642 & 646 Eldorado ST, Fort Pierce, FL
642 & 646 Eldorado ST, Fort Pierce, FL
642 & 646 Eldorado ST, Fort Pierce, FL
642 & 646 Eldorado ST, Fort Pierce, FL
642 & 646 Eldorado ST, Fort Pierce, FL
642 & 646 Eldorado ST, Fort Pierce, FL
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$ 2,400,000
Est. payment | /mo

8,008 SqFt


$ 2,400,000
Est. payment | /mo

8,008 SqFt

Key Details

Property Type Commercial

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

Zoning HI Medium

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Tile

Fireplace No

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Water Access Desc Multiple Meters,Public

Roof Type Shingle

Accessibility None

Total Parking Spaces 16

Building

Lot Description < 1/4 Acre

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Multiple Meters, Public

Structure Type Frame,Stucco

Others

Tax ID 240150300620003

Security Features None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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

BeachesMLS, Inc. (FLR) IDX
Listed by John C DiGirolomo LPT Realty, LLC

Nearby Locations

Joseph Schultz

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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642 & 646 Eldorado ST