Multi Family · Commercial Sale
642 & 646 Eldorado Street, Fort Pierce FL 34949
Fort Pierce, FL, 34949
$2,300,000
Presented by Parvani Commercial Group, Inc.
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.
Property Details
- Property Type
- Multi Family
- Status
- Active
- MLS #
- B26027271
- Building Area
- 8,008 SF
- Lot Size
- 0.24 acres
- Year Built
- 1984
- Zoning
- HI Medium
- Units
- 8
- Net Operating Income
- $102,570
- Days on Market
- 102
- Price
- $2,300,000