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.
Subdivision:
OCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN
Construction
Frame,Stucco
Utilities
Electric,Public Sewer,Public Water
Lot Description:
1/4 to 1/2 Acre,East of US-1
Fort Pierce, FL, 34949
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
