Fort Pierce, FL 642 & 646 Eldorado Street
$2,400,000



22 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 & 646 Eldorado Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
Total Stories2
General for 642 & 646 Eldorado Street
AccessibilityNone
CityFort Pierce
Construction MaterialsFrame, Stucco
CoolingCentral Air
CountySt Lucie
ElectricSeparate Meters
Gross Income157800
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
MLS Area7010
Net Operating Income102570
Number Of Units Total8
Occupancy TypeTenant
Ownership TypePartnership
PossessionClose Of Escrow
PostalCityFort Pierce
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeCommercial Sale
RoofShingle
Security FeaturesNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount43594.96
Tax Year2025
UtilitiesElectricity Connected, Sewer Connected, Water Connected
Virtual TourClick here
Year Built1984
Exterior for 642 & 646 Eldorado Street
Building Area Total8008
Foundation DetailsConcrete Perimeter
Lot Features< 1/4 Acre
Lot Size Acres0.24
Lot Size Area10454.4
Number of Buildings2
Total Parking16
Water SourceMultiple Meters, Public
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Lourdes Victoria Del Pozo Castro
Realtor®
SQFT • 8,008