About this home
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.
Listing last checked: Listing updated:
Listed by John C DiGirolomo · LPT Realty, LLC · MLS #B26027271
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Details at a glance
Interior3 property facts
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Tile
Building5 property facts
- Style
- Multi Family
- Year built
- 1984
- Parking
- 16
- Foundation
- Concrete Perimeter
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.24 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- HI Medium
Financial2 property facts
- Annual taxes
- $43,595
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $2,170,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$14,606 / monthAdjust
- Principal & interest
- $10,973
- Property tax
- $3,633
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $43,595. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 642 & 646 Eldorado Street
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