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642 Eldorado Street, Fort Pierce, FL 34949,Fort Pierce,St Lucie,Residential Income

$1,085,000

Beds

Baths

4,004 ft2

Property Size

Year Built

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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: B26027258
Price: $1,085,000
Property Size: 4,004 ft2
Property Lot Size: 0 ft2
BuildingAreaSource: Public Records
BuildingAreaTotal: 4740
ConstructionMaterials: Frame, Stucco
ContractStatusChangeDate: 2026-05-11
Cooling: Central Air
CumulativeDaysOnMarket: 559
DaysOnMarket: 139
DocumentsAvailable: Rent Rolls
FinancialDataSource: Owner
Flooring: Tile
FoundationDetails: Block, Concrete Perimeter
GrossIncome: 81000
Heating: Central
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
Levels: Two
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: B26027258
ListingService: Full Service
ListingTerms: Cash, Conventional
LivingAreaSource: Public Records
LotFeatures: < 1/4 Acre
LotSizeArea: 10454.4
MLSAreaMajor: 7010
MLSAreaMinor: SL09
MajorChangeTimestamp: 2026-09-22T19:21:23.000-00:00
MajorChangeType: Price Change
MapCoordinateSource: Imported
MlsStatus: Active
MobileDimUnits: Feet
ModificationTimestamp: 2026-09-27T16:06:27.040-00:00
NetOperatingIncome: 52650
NumberOfSeparateElectricMeters: 4
NumberOfSeparateWaterMeters: 4
NumberOfUnitsInCommunity: 4
NumberOfUnitsTotal: 4
OnMarketDate: 2026-05-12
OnMarketTimestamp: 2026-05-12T00:00:00.000-00:00
OperatingExpense: 28350
OriginalEntryTimestamp: 2026-05-11T23:06:08.000-00:00
OriginalListPrice: 1200000
OriginatingSystemID: M00000170
OriginatingSystemKey: 582419606
OriginatingSystemName: BEACH
ParcelNumber: 240150300620003
ParkingTotal: 8
PetsAllowed: No Pet Restrictions, Yes
PhotosChangeTimestamp: 2026-05-31T16:52:27.260-00:00
PhotosCount: 20
Possession: Close Of Escrow
PostalCity: Fort Pierce
PostalCode: 34949
PostalCodePlus4: 3506
PreviousListPrice: 1150000
PriceChangeTimestamp: 2026-09-22T19:21:23.000-00:00
PropertyCondition: Resale
Roof: Shingle
Sewer: Public Sewer
ShowingContactPhone: 772-713-4204
SourceSystemID: TRESTLE
SourceSystemKey: 1159873518
SourceSystemName: flexmls
SpecialListingConditions: Standard
StateOrProvince: FL
StatusChangeTimestamp: 2026-05-11T23:06:09.000-00:00
Stories: 2
StoriesTotal: 2
StreetName: Eldorado
StreetNumber: 642
StreetNumberNumeric: 642
StreetSuffix: Street
TaxAnnualAmount: 21797.48
TaxAssessedValue: 892600
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
TenantPays: Electricity, Water
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
None

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$7,528.39
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 6,172.14

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Disclaimer

Property ID - | 1553942

All listings featuring the San Jose logo are provided by Association of San Jose. This information is not verified for authenticity or accuracy and is not guaranteed. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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642 Eldorado Street, Fort Pierce, FL 34949,Fort Pierce,St Lucie,Residential Income

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