Estimated payment $7,845/month
Highlights
- No HOA
- Tile Flooring
- Central Heating and Cooling System
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
- Quadruplex
- Frame Construction
- Composition Roof
Interior Spaces
- 8 Bathrooms
- 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
- No Home Owners Association
- Ocean View Subdivision Replat Holley & Morgan
Listing and Financial Details
- Assessor Parcel Number 240150300620003
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,237 | $892,600 | $363,500 | $529,100 |
| 2024 | $21,912 | $829,100 | $363,500 | $465,600 |
| 2023 | $21,912 | $889,900 | $333,200 | $556,700 |
| 2022 | $16,487 | $778,000 | $282,800 | $495,200 |
| 2021 | $14,515 | $565,900 | $126,300 | $439,600 |
| 2020 | $11,301 | $530,600 | $126,300 | $404,300 |
| 2019 | $10,717 | $524,100 | $126,300 | $397,800 |
| 2018 | $9,042 | $427,600 | $120,600 | $307,000 |
| 2017 | $8,176 | $362,800 | $105,500 | $257,300 |
| 2016 | $7,524 | $332,600 | $105,500 | $227,100 |
| 2015 | $6,568 | $246,200 | $98,000 | $148,200 |
| 2014 | $4,859 | $185,600 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2025 11/06/25 | For Sale | $1,199,000 | 0.0% | $299 / Sq Ft | |
| 10/31/2025 10/31/25 | Off Market | $1,199,000 | -- | -- | |
| 05/13/2025 05/13/25 | Price Changed | $1,199,000 | -7.8% | $299 / Sq Ft | |
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 10/17/2020 10/17/20 | Pending | -- | -- | -- | |
| 06/19/2020 06/19/20 | For Sale | $675,000 | -- | $169 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: R11070804
APN: 2401-503-0062-000-3
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