SoldJul 20, 2020

Listed by John DiGirolomo from LPT Realty Lake Mary

Source: Greater Fort Lauderdale Realtors #B26027261

646 Eldorado Street, Fort Pierce, FL, 34949

$619,000

4740 sq. ft.
0.26 ac.

Duplex

Sold: Jul 20, 2020

What's around 646 Eldorado Street

About this property

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.

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