For sale

$1,199,000

Fort Pierce, FL 34949

8beds

8baths

4,004sqft

Est.:

Quadruplex, Multi Family, Multi Family

Built in 1984

-- sqft lot

$-- Zestimate^®

$299/sqft

$-- HOA

What's special

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—please request financials and projections. See RX-11070804 for 642 Eldorado.

171 days

54

2

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 8

Heating

Central

Cooling

Central Air

Features

Flooring: Tile, Vinyl

Interior area

Total structure area: 4,740
Total interior livable area: 4,004 sqft

Video & virtual tour

View virtual tour

Property

Features

Levels: Two
Stories: 2
Exterior features: None
Has view: Yes
View description: Other
Waterfront features: None

Lot

Size: 0.26 Acres
Features: 1/4 to 1/2 Acre Lot

Details

Parcel number: 240150300540004
Zoning: HIMedi

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family, Multi Family

Materials

Frame, Stucco
Roof: Composition

Condition

Resale
New construction: No
Year built: 1984

Utilities & green energy

Electric: 3 Phase
Sewer: Public Sewer
Water: Multiple Meters, Public
Utilities for property: Sewer Available, Water Available

Community & HOA

Community

Subdivision: OCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN

HOA

Has HOA: No
Amenities included: None

Location

Region: Fort Pierce

Financial & listing details

Price per square foot: $299/sqft
Annual tax amount: $19,820
Date on market: 11/6/2025
Cumulative days on market: 405 days
Listing terms: Cash,Conventional
Tenant pays: None

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/11/2026	Listed for sale	$1,199,000-14.4%$299/sqft
Source: BeachesMLS #R11070813 Report a problem
8/1/2024	Listing removed	--
Source: BeachesMLS #F10430277 Report a problem
5/14/2024	Price change	$1,400,000-12.5%$350/sqft
Source: BeachesMLS #F10430277 Report a problem
3/21/2024	Listed for sale	$1,600,000+39.1%$400/sqft
Source: BeachesMLS #F10430277 Report a problem
11/28/2023	Listing removed	--
Source: BeachesMLS #R10930532 Report a problem
10/25/2023	Listed for rent	$2,000
Source: BeachesMLS #R10930532 Report a problem
9/12/2022	Sold	$1,150,000+2.2%$287/sqft
Source: Realtor Association of Indian River County #253135 Report a problem
6/13/2022	Contingent	$1,125,000$281/sqft
Source: Realtor Association of Indian River County #253135 Report a problem
6/6/2022	Price change	$1,125,000-2.2%$281/sqft
Source: Realtor Association of Indian River County #253135 Report a problem
5/26/2022	Listed for sale	$1,150,000$287/sqft
Source: Realtor Association of Indian River County #253135 Report a problem
5/23/2022	Contingent	$1,150,000$287/sqft
Source: Realtor Association of Indian River County #253135 Report a problem
5/3/2022	Price change	$1,150,000-51.3%$287/sqft
Source: Realtor Association of Indian River County #253135 Report a problem
4/19/2022	Price change	$2,360,000+100%$589/sqft
Source: Realtor Association of Indian River County #253135 Report a problem
3/31/2022	Listed for sale	$1,180,000+90.6%$295/sqft
Source: Realtor Association of Indian River County #253135 Report a problem
7/20/2020	Sold	$619,000$155/sqft
Source: BeachesMLS #R10640100 Report a problem