Estimated payment $8,942/month
About This Home
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,237
Year Built
- Built in 1984
Home Design
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 4,004 Sq Ft Home
- 2-Story Property
Flooring
- Tile
- Vinyl
Additional Features
- 10,454 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- 4 Units
- Ocean View Subdivision Re
Listing and Financial Details
- Assessor Parcel Number 240150300620003
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2025 03/12/25 | For Sale | $1,300,000 | 0.0% | $325 / Sq Ft |
| 11/01/2022 11/01/22 | Rented | $2,400 | -4.0% | -- |
| 10/20/2022 10/20/22 | For Rent | $2,500 | 0.0% | -- |
| 09/12/2022 09/12/22 | Sold | $1,150,000 | +5.0% | $287 / Sq Ft |
| 08/13/2022 08/13/22 | Pending | -- | -- | -- |
| 05/03/2022 05/03/22 | For Sale | $1,095,000 | +73.8% | $273 / Sq Ft |
| 11/16/2020 11/16/20 | Sold | $630,000 | -6.7% | $157 / Sq Ft |
| 10/17/2020 10/17/20 | Pending | -- | -- | -- |
| 06/19/2020 06/19/20 | For Sale | $675,000 | -- | $169 / Sq Ft |
Source: BeachesMLS
MLS Number: R11070804
APN: 2401-503-0062-000-3
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