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642 Eldorado Street, Fort Pierce FL 34949

Multi-family For Sale
$1,200,000

BTC: 19.07790143

ETH: 713.13959708

30 days
0 room(s)
4,004 sqft

Overview

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.

Location

Florida • Fort Pierce • 34949 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1984
Lot:
0.24 Acres
Heating:
Central
Price/sqft:
$300
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,200,000
$567K – $1.5M
Confidence Low
List vs. estimate
At estimate
List $1,200,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$299
+18.2% vs. city median $253
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$21,797
2025
Pets
Allowed
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Individual A/C

  • Property

    • Levels: 2

    • Exterior Features: None

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 240150300620003

    • Zoning: HI Medium

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $21,797

  • Source details

    • MLS ID: B26027258

    Other facts

    • Construction Materials: Frame / Frame With Stucco / Stucco

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre

    • Architectural Style: Two Story

    • Living Area: 4004

    • Water Source: Public

    • Subdivision Name: OCEAN VIEW SUBDIVISION REP

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34949
294
median $469K
Active
Same city
Fort Pierce
1,171
median $319K
Active
Same type
Multi-family
42
median $574K
Active
Similar price
$840K – $1.6M
66
median $1.1M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT Realty, LLC