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Fort Pierce Multifamily Investment Opportunity

646 Eldorado Street Fort Pierce, FL 34949

For Sale

$1,200,000

MULTI_FAMILY - Fort Pierce, FL

Property size:

4,004 SF

Lot size:

0.26 Acres

Price / SF:

$299/SF

For Sale

$1,200,000

MULTI_FAMILY - Fort Pierce, FL

Property size:

4,004 SF

Lot size:

0.26 Acres

Price / SF:

$299/SF

Added:: May 11, 2026
Days on Market:: 62
Last Refresh:: Jul 11 at 1:06 pm

Property Features for 646 Eldorado Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: HI Medium
Bedrooms: 8
Rooms: Bedroom 4, Bathroom 6, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 7, Bedroom 1, Bathroom 4, Bathroom 7, Bathroom 5, Bedroom 6, Bathroom 8, Bedroom 8, Bathroom 1, Bedroom 5
Pets allowed: Yes, No
Standard status: Active
APN: 240150300540004
Size: 4,004 SF
Lot size: 0.26 Acres

Taxes and HOA fees

Tax Year: 2025
Tax 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
Tax Annual Amount: 21170

Utilities

Sewer type: Public Sewer
Heating system: Central
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1984
Floors in Building: 2
Number of units: 4
Flooring type: Tile
Building materials: Frame, Stucco
Roof type: Shingle

Listing agent John C DiGirolomo License #3458838

Listing office LPT Realty, LLC 1400 S International Parkw Suite 1020, Lake Mary, FL

Listing date May 11, 2026

MLS# B26027261 Listing URL

Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire two adjacent fourplex buildings, totaling 8 units. The units are located in Fort Pierce, Florida, one of the fastest-growing coastal submarkets. The property is near the Intracoastal Waterway, beaches, Jetty Park, marinas, restaurants, and downtown entertainment. This multifamily portfolio is fully occupied and offers immediate cash flow, with approximately $157,800 in current gross annual income. Each unit averages approximately 1,001 square feet and features 2 bedrooms and 1.5 bathrooms, separate electric meters, impact windows, and recent renovations. The buildings are of frame and stucco construction with a strong rental history. The property is positioned near major redevelopment projects, including the planned surf park and continued Port of Fort Pierce expansion. The lot size is 0.26 acres and the property size is 4,004 square feet. The zoning is HI Medium.

Key Highlights

Two adjacent fourplex buildings totaling 8 units: 2BR/1.5BA each
Fully occupied portfolio with approximately $157,800 in current gross annual income
Units average approximately 1,001 SF and feature separate electric meters

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

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For sale
Quadplexes
FL
Fort Pierce
34949
646 Eldorado Street

What type of property is this?

Quadplex - Eight-unit multifamily property in a growing coastal submarket.

Where is this quadplex located?

The property is located at 646 Eldorado Street Fort Pierce, FL.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Two adjacent fourplex buildings totaling 8 units: 2BR/1.5BA each; Fully occupied portfolio with approximately $157,800 in current gross annual income; Units average approximately 1,001 SF and feature separate electric meters

646 Eldorado Street Fort Pierce, FL 34949

MULTI_FAMILY - Fort Pierce, FL

Property Features for 646 Eldorado Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Freestanding Office/Medical Building

Freestanding Office Building with Private Offices

Light Industrial Facility with Shop Area

Fort Pierce Multifamily Investment Opportunity

Fort Pierce Multifamily Investment Opportunity

Net-Leased Corner Retail Property

Hotel/Motel Property for Sale

Fort Pierce Quadplex For Sale

Fort Pierce Quadruplex Investment Opportunity

Day Care Facility with Expansion Lot

Renovated Duplex Near South Beach

Two-Story Duplex with Dual Units

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