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Fort Pierce Multifamily Investment Opportunity

642 Eldorado Street Fort Pierce, FL 34949

For Sale

$1,200,000

MULTI_FAMILY - Fort Pierce, FL

Property size:

4,004 SF

Lot size:

0.24 Acres

Price / SF:

$299/SF

For Sale

$1,200,000

MULTI_FAMILY - Fort Pierce, FL

Property size:

4,004 SF

Lot size:

0.24 Acres

Price / SF:

$299/SF

Added:: May 11, 2026
Days on Market:: 62
Last Refresh:: Jul 11 at 1:06 pm

Property Features for 642 Eldorado Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: HI Medium
Bedrooms: 8
Rooms: Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 8, Bathroom 6, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 7, Bathroom 7, Bathroom 5, Bedroom 8
Pets allowed: No, Yes
Standard status: Active
APN: 240150300620003
Size: 4,004 SF
Lot size: 0.24 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: OCEAN 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
Tax Annual Amount: 21797

Utilities

Sewer type: Public Sewer
Heating system: Central
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1984
Floors in Building: 2
Number of units: 4
Flooring type: Tile
Building materials: Frame, Stucco
Roof type: Shingle

Listing agent John C DiGirolomo License #3458838

Listing office LPT Realty, LLC 1400 S International Parkw Suite 1020, Lake Mary, FL

Listing date May 11, 2026

MLS# B26027258 Listing URL

Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire two adjacent fourplex buildings, totaling 8 units, in Fort Pierce. The multifamily portfolio is fully occupied and offers immediate cash flow. The buildings are located near the Intracoastal, beaches, Jetty Park, marinas, restaurants, and downtown entertainment in a rapidly growing coastal submarket. The units average approximately 1,001 square feet and feature 2 bedrooms and 1.5 bathrooms. Each unit has separate electric meters and impact windows. The buildings are of frame and stucco construction. The property has a strong rental history and future upside through lease optimization. The site is positioned near major redevelopment projects, including the planned surf park and continued Port of Fort Pierce expansion. The gross annual income is approximately $157,800. The lot size is 0.24 acres. The property size is 4,004 square feet.

Key Highlights

Two adjacent fourplex buildings totaling 8 units (2BR/1.5BA each)
Fully occupied multifamily portfolio with approximately $157,800 in current gross annual income
Units average approximately 1,001 SF and have separate electric meters

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

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For sale
Quadplexes
FL
Fort Pierce
34949
642 Eldorado Street

What type of property is this?

Quadplex - Two adjacent fourplexes near Intracoastal, beaches, and downtown.

Where is this quadplex located?

The property is located at 642 Eldorado Street Fort Pierce, FL.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Two adjacent fourplex buildings totaling 8 units (2BR/1.5BA each); Fully occupied multifamily portfolio with approximately $157,800 in current gross annual income; Units average approximately 1,001 SF and have separate electric meters

642 Eldorado Street Fort Pierce, FL 34949

MULTI_FAMILY - Fort Pierce, FL

Property Features for 642 Eldorado Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Freestanding Office/Medical Building

Freestanding Office Building with Private Offices

Light Industrial Facility with Shop Area

Fort Pierce Multifamily Investment Opportunity

Fort Pierce Multifamily Investment Opportunity

Net-Leased Corner Retail Property

Hotel/Motel Property for Sale

Fort Pierce Quadplex For Sale

Fort Pierce Quadruplex Investment Opportunity

Day Care Facility with Expansion Lot

Renovated Duplex Near South Beach

Two-Story Duplex with Dual Units

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