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Multifamily in Fort Pierce, FL 34949Ocean View, 642 Eldorado
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OFF MARKET
$1,199,000
Beds
4,004
SqFt$299
$/SqFtEntry-Level Multifamily
Built in 1984
Seize this rare double quadplex investment on Hutchinson Island, a booming coastal market with rising property values and rental demand. Just steps from the beach with water views, this income-producing property features four spacious 2BD/1.5BA units (~1,000 SqFt each), 87.5% occupancy, impact windows, and recent renovations. With major redevelopment, a $600M surf park opening in 2026, and the Fort Pierce Port expansion, appreciation potential is immense. The neighboring quadplex is also available, offering investors a chance to scale. Secure this high-growth asset today— Request financials and projections. Please see
RX-11070813 for 646 Eldorado
MLS Number: R11070804
On Site: 586 Days
Updated: 179 Days ago
Page Views: 0
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Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: None
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Tile,Vinyl
- Year Built: 1984
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-03-11T20:00:00.000-00:00
Taxes, Fees & More
- Taxes: 20237.1
- Total Units in Building: 4
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
05/13/2025
Listed
$1.2M
$299 ft2
$3,223 m2
05/13/2025
$1.2M
Event
Listed
Price Per
$299 ft2
$3,223 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Cameron Post • Illustrated Properties/Sewalls • Buyer Agency Compensation .
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Community Snapshot
2 – 2 BR
Bedrooms
$380K – $5M
Price Tier
1,241 - 4,612
SqFt Range
1980
Year Build
2
Total Floors
All Fort Pierce, FL Entry-Level Entry-Level Homes & Condos
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- Bryn Mawr Ocean Towers Condo7
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- The Colonnades Condo11
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Premium
Premium26
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- Southpointe House0
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Mid-Tier
Mid-Tier10
Ultra Luxury
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High-End
High-End 2
Mid-Tier
Mid-Tier 1
Premium
Premium 4
Entry-Level
Entry-Level 11
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