646 Eldorado Street Fort Pierce, FL $ 1,200,000
646 Eldorado Street
$ 1,200,000
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646 Eldorado Street

Fort Pierce, FL, 34949
$ 1,200,000
Baths0.0 Sq 4,004

Monthly Estimate*

$ 7,389

646 Eldorado Street, Fort Pierce, FL 34949 - Image 1
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Studio Multi-Family Home for sale in Fort Pierce, FL for $1,200,000. This 4,004 square foot home was built in 1984 on a lot size of 0.26.

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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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 21,169

Style

Lot Size

0.26

Year Built

1984

Town/City

Fort Pierce

County/Region

St Lucie

MLS | Web ID

B26027261

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Construction Materials Frame Stucco
Pets Allowed No Pet Restrictions Yes
Year Built 1984
Tenant Pays Electricity Water
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Gross Income 76800
Accessibility None
County St Lucie
Net Operating Income 49920
Operating Expense 26880
New Construction false
Property Type Residential Income
Subdivision Name OCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN
Status Active
City Fort Pierce
Senior Community Y/N false
Number Of Units Total 4
MLS Area 7010
Tax Annual Amount 21169.81
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/646-Eldorado-Street-Fort-Pierce-FL-34949/unbranded
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description OCEAN VIEW S/D REVISED PLAT HOLLEY AND MORGAN`S S/D BLK 6 PART OF LOTS 11 12 AND 13 MPDAF: FROM SW COR BLK 6 RUN N 17 DEG 53 MIN 23SEC W AL
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Interior
Flooring Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Exterior Amenities None
Lot Features 1/4 to 1/2 Acre Lot
Water Source Multiple Meters Public
Total Parking 8
Lot Size Area 11326
Foundation Details Concrete Perimeter
Building Area Total 4740
Lot Size Acres 0.26
Waterfront Y/N false
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* Excluded Features
List By
John C DiGirolomo

Listing Agent

Affordability Calculator

$9,153
Per Month
81%
19%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$1,764
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2026$1,200,000 Listed Price

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646 Eldorado Street, Fort Pierce, FL, 34949 is a Multi-Family Home for sale at $1,200,000 with 4,004 sqft and a lot size of 0.26. 646 Eldorado Street is a studio with 0.0 baths and was built in 1984. The property's zip code is 34949 which is in Fort Pierce, FL