Quadruplex in 642 Eldorado Street, Fort Pierce, FL 34949 for sale with MLS# B26027258

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.

📅 View days on the market

Days on the market

642 Eldorado Street, Fort Pierce, FL 34949

Price
Price:
$1,150,000.00
Original List Price:
$1,200,000.00
List Price per Sq Ft (Calculated, Approx.):
$299.7
Lease Details
Tenant Pays:
Electricity, Water
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
Price Reduced
Last Major Update on:
July 17, 2026 3:40 pm
Measures
Living Area:
4,004 Sqft
Built-Up Area:
4,740 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Size Acres:
0.24
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Individual
Heating
Heating System:
Central
Construction
Year Built:
1984
Roof:
Shingle
Number of Units Total:
4
Levels:
Two
Construction Materials:
Frame, Stucco
Flooring:
Tile
Number of stories:
2
Number of Units in the Community or Building:
4
Stories:
2
Foundation Details:
Block, Concrete Perimeter
Flood Zone Code:
AE,X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$21,797.48
Tax Year:
2025
Tax Assessed Value:
$892,600.00
Property Tax Details:
No Homestead
Utilities
Sewer:
Public Sewer
Utilities Available:
Electricity Connected, Sewer Connected, Water Connected
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
OCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN
Senior Community:
No
Restrictions:
No Restrictions
Terms
Documents Available:
Rent Rolls
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal 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
Real Estate Folio Number (Parcel Number):
240150300620003
Zoning:
HI Medium
Listing History
Active on the market since:
May 12, 2026
Listing Agreement executed on:
May 11, 2026
Price change occurred on:
July 17, 2026 3:40 pm
Listing Status Last Changed On:
May 12, 2026 3:06 am
Photos updated on:
May 30, 2026 10:30 pm
Last Modified:
August 6, 2026 6:08 pm
Additional Information
Courtesy of:
LPT Realty, LLC
Attribution:
Not provided
Location
Street Name:
Eldorado
Street Number:
642
City:
Fort Pierce
State:
Florida
Zip Code:
34949
County:
St. Lucie
Latitude:
N27° 27' 44.5''
Longitude:
W81° 42' 25.4''
Street Suffix:
Street
Property Map

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $92,188
Median Home Value $427,500
Median Rent $1,484/mo
Median Age 65
Population 7,567
Ver la Propiedad Ver la propiedad 642 Eldorado Street, Fort Pierce, FL 34949
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.