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Listing provided courtesy of LPT Realty, LLCMLS# 297412MLS ProviderContact Information: 772-713-4204
  • 43 days on site
  • 0 views

The Eldorado Street Multifamily Portfolio consists of two adjacent fourplexes located at 642 & 646 Eldorado Street in Fort Pierce, FL. The property features four spacious 2BR/1.5BA units averaging approximately 1,001 SF with current average rents of ~$1,687/unit, generating projected gross annual income of approximately $81,000. Located minutes from the Intracoastal, beaches, marinas, dining, and redevelopment projects, the property benefits from strong rental demand and long-term appreciation potential. Features include impact windows, recent renovations, and separate utility metering.

Source: Indian River MLS, MLS#: 297412

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  • Property Type
    Residential Income
  • Lot
    0.24 acres

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Mike Higgins

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  • Median Age
    66
  • Population Density
    290
  • College Educated
    55%
  • Estimated Median Income
    $69,954
  • Estimated Total Home Owners
    3,423
  • Estimated Total Renters
    910
  • Owner / Renter Divide
    79% / 21%
  • Estimated Average Household Size
    2
  • Total Population
    7,740
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 646 Eldorado Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/11/2026Source: Beaches MLS Added to Database
May 11, 2026