Fort Pierce, FL 34949 642 Eldorado Street
$1,200,000



15 more















Presented By: LPT Realty, LLC
Home Details
Rare opportunity to acquire two adjacent fourplex buildings totaling 8 large 2BR/1.5BA units in one of Fort Pierce's fastest-growing coastal submarkets. Located near the Intracoastal, beaches, Jetty Park, marinas, restaurants, and downtown entertainment, this fully occupied multifamily portfolio offers immediate cash flow with approximately $157,800 in current gross annual income. Units average approximately 1,001 SF and feature separate electric meters, impact windows, and recent renovations. Frame and stucco construction with strong rental history and future upside through lease optimization. Positioned near major redevelopment projects including the planned surf park and continued Port of Fort Pierce expansion.
Presented By: LPT Realty, LLC
Interior Features for 642 Eldorado Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
Total Stories2
General for 642 Eldorado Street
AccessibilityNone
CityFort Pierce
Construction MaterialsFrame, Stucco
CoolingCentral Air
CountySt Lucie
Gross Income81000
HeatingCentral
Legal DescriptionOCEAN VIEW S/D REVISED PLAT HOLLEY AND MORGAN`S S/D BLK 6 N 38.96 FT OF LOT 10 AND S 40.92 FT OF LOT 11
LevelsTwo
MLS Area7010
Net Operating Income52650
New ConstructionNo
Number Of Units Total4
Operating Expense28350
Pets AllowedNo Pet Restrictions, Yes
PossessionClose Of Escrow
PostalCityFort Pierce
Property ConditionResale
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameOCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN
Tax Annual Amount21797.48
Tax Year2025
Tenant PaysElectricity, Water
UtilitiesElectricity Connected, Sewer Connected, Water Connected
Virtual TourClick here
Year Built1984
Exterior for 642 Eldorado Street
Building Area Total4740
Exterior AmenitiesNone
Foundation DetailsBlock, Concrete Perimeter
Lot Features< 1/4 Acre
Lot Size Acres0.24
Lot Size Area10454.4
Total Parking8
Water SourceMultiple Meters, Public
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Raquel Esmeralda Mercedes
Realtor®
SQFT • 4,004