642 Eldorado Street, Fort Pierce, FL 34949
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  • MLS#: B26027258 ( Residential Income )
  • Street Address: 642 Eldorado Street
  • Viewed: 3
  • Price: $1,200,000
  • Price sqft: $253
  • Waterfront: No
  • Year Built: 1984
  • Bldg sqft: 4740
  • Additional Information
  • Geolocation: 27.4624 / -80.2929
  • County: Saint Lucie
  • City: Fort Pierce
  • Zipcode: 34949
  • Subdivision: Ocean View Subdivision Replat
  • Provided by: LPT Realty, LLC
  • REALTORS® Association of the Palm Beaches, Inc
  • DMCA Notice
  • Description
    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.
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Features
Building and Construction
  • Exterior Features: None
  • Flooring: Tile
  • Roof: Shingle
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Individual
  • Heating: Central
  • Pets Allowed: Yes, No Restrictions
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Tax Year: 2025
Rental Information
  • Tenant Pays: Electricity, Water
Other Features
  • 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
  • Levels: Two
  • Parcel Number: 240150300620003
  • Zoning Code: HI Medium
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Headshot for Associate Sara Oquendo
  1. Sara Oquendo, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 352.428.8657
  4. saraoquendo1972@gmail.com