Fort Pierce Multifamily Investment
642 Eldorado Street, Fort Pierce, FL 34949
New
MULTI_FAMILY - Fort Pierce, FL
Property size:
4,004 SFLot size:
0.24 AcresPrice / SF:
$299/SF- Added:
- May 11, 2026
- Days on Market:
- 3
- Last Refresh:
- May 13 at 4:06 am
Property Features for 642 Eldorado Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- HI Medium
- Bedrooms
- 8
- Rooms
- Bedroom 8, Bathroom 3, Bedroom 5, Bathroom 4, Bedroom 6, Bedroom 4, Bedroom 7, Bathroom 2, Bathroom 1, Bathroom 5, Bathroom 6, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 7, Bathroom 8
- Pets allowed
- Yes, No
- 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 (772) 713-4204
Listing office LPT Realty, LLC 1400 S International Parkw Suite 1020, Lake Mary, FL (877) 366-2213
Listing date May 11, 2026
MLS# B26027258
Listing URL
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Immediate cash flow with approximately $157,800 in current gross annual income.
- Two adjacent fourplex buildings totaling 8 large 2BR/1.5BA units.
- Located near the Intracoastal, beaches, Jetty Park, marinas, restaurants, and downtown entertainment.
- Units feature separate electric meters, impact windows, and recent renovations.
- 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.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Fort Pierce
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.292934
- Latitude
- 27.462365
Nearby Similar for Sale
FAQs
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: Immediate cash flow with approximately $157,800 in current gross annual income.; Two adjacent fourplex buildings totaling 8 large 2BR/1.5BA units.; Located near the Intracoastal, beaches, Jetty Park, marinas, restaurants, and downtown entertainment.
