646 Eldorado Street, Fort Pierce FL 34949

Address
646 Eldorado Street, Fort Pierce, FL
Price
$ 1,200,000
Property Attributes
  • MLS#B26027261
  • TypeSingle Family
  • Listing Status Active
  • CountySt Lucie
  • CityFort Pierce
  • Area7010
  • NeighborhoodOCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN
  • Zip34949
  • Style
  • Year Built1984
  • Taxes$ 21169
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4004
  • Lot Size0.26 Acres
Data Source:
Beaches MLS (FL)
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.

Price History
5/12/2026 Listed $1,200,000

General Features

Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities ElectricityConnected,SewerConnected,WaterConnected
Possession CloseOfEscrow
Roof Shingle
Construction Materials Frame,Stucco
Pets Allowed NoPetRestrictions,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 ResidentialIncome
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
PostalCity Fort Pierce
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

Interior Features

Flooring Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true

Exterior Features

Exterior Amenities None
Lot Features QuarterToHalfAcreLot
Water Source MultipleMeters,Public
Total Parking 8
Lot Size Area 11326
Foundation Details ConcretePerimeter
Building Area Total 4740
Lot Size Acres 0.26
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34949

Price
AVG $1.82M
$1.2M
Taxes
AVG $23,820
$21,169
Year Built
AVG 1997
1984

Areas We Cover