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642 & 646 Eldorado Street Fort Pierce, FL $ 2,400,000
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$ 2,400,000 Get more info
642 & 646 Eldorado Street
$ 2,400,000
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642 & 646 Eldorado Street

Fort Pierce, FL
$ 2,400,000
Bedrooms-- Baths-- Sq 8,008

Monthly Estimate*

$ 14,777

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Commercial Property for sale in Fort Pierce, FL for $2,400,000. This 8,008 square foot building was built in 1984 on a lot size of 0.24.

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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Commercial Active

Price

$ 2,400,000

Property Type

Commercial

Taxes

$ 43,594

Style

Lot Size

0.24

Year Built

1984

Town/City

Fort Pierce

County/Region

St Lucie

MLS | Web ID

B26027271
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Security Features None
Construction Materials Frame Stucco
Year Built 1984
Electric Separate Meters
Property Subtype Multi Family
Tax Year 2025
Gross Income 157800
Accessibility None
County St Lucie
Net Operating Income 102570
Property Type Commercial Sale
Status Active
City Fort Pierce
Number Of Units Total 8
MLS Area 7010
Tax Annual Amount 43594.96
Virtual Tour https://www.propertypanorama.com/642-646-Eldorado-Street-Fort-Pierce-FL/unbranded
Standard Status Active
Occupancy Type Tenant
Ownership Type Partnership
Property Sub Type Additional Multi Family
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
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Interior
Flooring Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Water Source Multiple Meters Public
Total Parking 16
Lot Size Area 10454.4
Foundation Details Concrete Perimeter
Number of Buildings 2
Building Area Total 8008
Lot Size Acres 0.24
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* Excluded Features
List By
John C DiGirolomo

Listing Agent

Affordability Calculator

$18,410
Per Month
80%
20%
0%
Monthly Principal & Interest
$14,777
Monthly Property Taxes
$3,633
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
Date Price Price Change Description
5/12/2026 $2,400,000 Listed Price

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642 & 646 Eldorado Street, Fort Pierce, FL, is a Commercial Property for sale at $2,400,000 with 8,008 sqft and a lot size of 0.24. 642 & 646 Eldorado Street was built in 1984. The property's zip code is which is in Fort Pierce, FL

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