
$2,400,000 USD
Commercial for Sale, 642 & 646 Eldorado Street, Fort Pierce, Florida
- MLS#B26027271
Listed By LPT Realty, LLC
The Commercial Property for Sale located at 642 & 646 Eldorado Street, Fort Pierce, Florida is currently for sale. 642 & 646 Eldorado Street, Fort Pierce, Florida is listed for $2,400,000.
Property features
Construction
- Year built: 1984
- Roofing: Shingle
- Construction: Frame
Interior Features
- Floors: Tile
Heating and Cooling
- Heating system: Central
- Cooling system: Central AC
Utilities
- Other utilities: PublicPublic Sewer
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.
Location
642 & 646 Eldorado Street, Fort Pierce, Florida