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642 Eldorado Street

Fort Pierce FL 34949

4740 sq. ft.
0.24 ac.
Duplex
Currently for sale - view listing

Overview

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.

Features

4740 sq. ft. floor area
0.24 ac. lot size
Duplex

Property history for 642 Eldorado Street

2022
Rented
Undisclosed
01 Nov 2022 by NUGGET REALTY
2022
Sold
$1,150,000
12 Sep 2022 by Mike Thorpe, of One Sotheby's Int'l Realty

Happy sellers in Fort Pierce

59%
59% of sellers in Fort Pierce reported that their sale price either exceeded or met their price expectations.

Fort Pierce stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Fort Pierce over the last 12 months.

Local market activity for duplexes in Fort Pierce

In the last 12 months, 5 duplexes similar to 642 Eldorado Street, have been sold.

This represents a 63% increase in duplexes sales when compared to the previous 12 months.

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(619) 566-0008
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