642 & 646 Eldorado Street, Fort Pierce, FL,Fort Pierce,St Lucie,Commercial Sale

$2,170,000

Beds

Baths

Property Size

Year Built

About The Property

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.

Property Details

Listing Id: B26027271
Price: $2,170,000
Property Lot Size: 0 ft2
BuildingAreaSource: Public Records
BuildingAreaTotal: 8008
ConstructionMaterials: Frame, Stucco
ContractStatusChangeDate: 2026-05-12
Cooling: Central Air
CumulativeDaysOnMarket: 139
DaysOnMarket: 139
DocumentsAvailable: Rent Rolls
Electric: Separate Meters
Flooring: Tile
FoundationDetails: Concrete Perimeter
GrossIncome: 157800
Heating: Central
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: BeachesMLS
ListAgentAOR: BeachesMLS
ListAgentDirectPhone: 772-713-4204
ListAgentEmail: jcdthatsme@yahoo.com
ListAgentFirstName: John
ListAgentFullName: John C DiGirolomo
ListAgentKey: 26651048
ListAgentLastName: DiGirolomo
ListAgentMiddleName: C
ListAgentMlsId: 276004025
ListAgentOfficePhone: 877-366-2213
ListAgentPreferredPhone: 772-713-4204
ListAgentStateLicense: 3458838
ListOfficeAOR: BeachesMLS
ListOfficeEmail: flbrokers@lptrealty.com
ListOfficeKey: 5903501
ListOfficeMlsId: 261016803
ListOfficeName: LPT Realty, LLC
ListOfficePhone: 877-366-2213
ListingAgreement: Exclusive Right To Sell
ListingContractDate: 2026-05-11
ListingId: B26027271
ListingService: Full Service
ListingTerms: Cash, Conventional
LotFeatures: < 1/4 Acre
LotSizeArea: 10454.4
MLSAreaMajor: 7010
MLSAreaMinor: SL09
MajorChangeTimestamp: 2026-09-22T19:20:34.000-00:00
MajorChangeType: Price Change
MapCoordinateSource: Imported
MlsStatus: Active
MobileDimUnits: Feet
ModificationTimestamp: 2026-09-27T16:00:22.090-00:00
NetOperatingIncome: 102570
NumberOfBuildings: 2
NumberOfSeparateElectricMeters: 8
NumberOfSeparateWaterMeters: 8
NumberOfUnitsLeased: 8
NumberOfUnitsTotal: 8
OccupantType: Tenant
OnMarketDate: 2026-05-12
OnMarketTimestamp: 2026-05-12T00:00:00.000-00:00
OriginalEntryTimestamp: 2026-05-12T00:20:10.000-00:00
OriginalListPrice: 2400000
OriginatingSystemID: M00000170
OriginatingSystemKey: 582461654
OriginatingSystemName: BEACH
OwnershipType: Partnership
ParcelNumber: 240150300620003
ParkingTotal: 16
PhotosChangeTimestamp: 2026-05-12T04:41:45.590-00:00
PhotosCount: 27
Possession: Close Of Escrow
PostalCity: Fort Pierce
PreviousListPrice: 2300000
PriceChangeTimestamp: 2026-09-22T19:20:34.000-00:00
Roof: Shingle
Sewer: Public Sewer
ShowingContactPhone: 772-713-4204
SourceSystemID: TRESTLE
SourceSystemKey: 1159875101
SourceSystemName: flexmls
SpecialListingConditions: Standard
StateOrProvince: FL
StatusChangeTimestamp: 2026-05-12T00:20:10.000-00:00
StoriesTotal: 2
StreetName: Eldorado
StreetNumber: 642 & 646
StreetNumberNumeric: 642646
StreetSuffix: Street
TaxAnnualAmount: 43594.96
TaxLegalDescription: 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
TaxYear: 2025
UniversalPropertyId: US-12111-N-240150300620003-R-N
Utilities: Electricity Connected, Sewer Connected, Water Connected
WaterSource: Multiple Meters, Public
YearBuilt: 1984
Zoning: HI Medium

Amenities and Features

Other Features
Has Cooling System
Has Heating System

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$15,056.79
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 12,344.29

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Property ID - | 1554079

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Tiffany L Young