Property 642 & 646 Eldorado Street, Fort Pierce, FL for sale with MLS# B26027271
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.
642 & 646 Eldorado Street, Fort Pierce, FL
- Price:
- $2,300,000.00
- Original List Price:
- $2,400,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- July 17, 2026 3:40 pm
- Built-Up Area:
- 8,008 Sqft
- Building Area Source:
- Public Records
- Lot Size Acres:
- 0.24
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Year Built:
- 1984
- Roof:
- Shingle
- Number of Buildings:
- 2
- Number of Units Total:
- 8
- Construction Materials:
- Frame, Stucco
- Flooring:
- Tile
- Number of stories:
- 2
- Foundation Details:
- Concrete Perimeter
- Tax Annual Amount:
- $43,594.96
- Tax Year:
- 2025
- Parking Total Spaces:
- 16
- Sewer:
- Public Sewer
- Electric:
- Separate Meters
- Utilities Available:
- Electricity Connected, Sewer Connected, Water Connected
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Rent Rolls
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- 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
- 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 4:20 am
- Photos updated on:
- May 12, 2026 4:20 am
- Last Modified:
- August 6, 2026 6:07 pm
- Courtesy of:
- LPT Realty, LLC
- Attribution:
- Not provided
- Street Name:
- Eldorado
- Street Number:
- 642 & 646
- City:
- Fort Pierce
- State:
- Florida
- County:
- St. Lucie
- Latitude:
- N27° 27' 43.9''
- Longitude:
- W81° 42' 24.8''
- Street Suffix:
- Street
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