642 Eldorado Street
Fort Pierce, FL, 34949
$
1,200,000
Baths0.0
Sq
4,004
Monthly Estimate*
$
7,389
Studio MultiFamily for sale in Fort Pierce, FL
for $1,200,000. This 4,004 square foot home was built in 1984 on a lot size of 0.24.
The Eldorado Street Multifamily Portfolio consists of two adjacent fourplexes located at 642 & 646 Eldorado Street in Fort Pierce, FL. The property features four spacious 2BR/1.5BA units averaging approximately 1,001 SF with current average rents of ~$1,687/unit, generating projected gross annual income of approximately $81,000. Located minutes from the Intracoastal, beaches, marinas, dining, and redevelopment projects, the property benefits from strong rental demand and long-term appreciation potential. Features include impact windows, recent renovations, and separate utility metering.
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Features
General
Sewer
Public Sewer
Heating
Central
Individual
Cooling
Central Air
Roof
Shingle
Pool Features
None
Construction Materials
Frame
Stucco
Year Built
1984
Stories Count
2
Levels
Two
Property Subtype
Quadruplex
Parcel Number
240150300620003
Waterfront Features
None
County
St Lucie
Property Type
Residential Income
Subdivision Name
Fort Pierce Shores
Status
Active
Directions
From Ocean Dr.
Turn right on Gulfstream Ave
properties on right.
City
Fort Pierce
Association Name
NA
MLS Area
SLC-east of IR
Lot Size Units
Acres
Standard Status
Active
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
Tax Year
2025
Community Features
None
Zoning Description
Residential
Tax Annual Amount
21797
Tax Assessed Value
892600
Tax Lot
10
Current Use
Multi-Family
Possible Use
Residential
Gross Income
0
Net Operating Income
0
Operating Expense
0
Insurance Expense
0
MaintenanceExpense
0
Tenant Pays
Electricity
Water
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Interior
Flooring
Vinyl
Furnished Y/N
Unfurnished
Total Fireplaces
0
Total Stories
2
Air Conditioning Y/N
true
Window Features
Casement Window(s)
Fireplace Y/N
false
Laundry Features
In Unit
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Exterior
Exterior Amenities
Balcony
Parking Features
Off Street
Water Source
Public
Waterfront Y/N
false
Lot Features
< 1/4 Acre
Lot Size Area
0.24
Lot Size Acres
0.24
Lot Dimensions
.24
Total Parking
8
Number of Separate Electric Meters
4
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* Excluded Features
Affordability Calculator
- Monthly Principal & Interest
- $7,389
- Monthly Property Taxes
- $1,816
- 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
About Fort Pierce, FL
45,144
Population
10%
Since 2002
$
28,896
Median Income
38.08
Median Age
26%
Households with Children
Trends Information provided by ATTOM Data Solutions.
0
Elementary School
0
Middle School
Pricing History
| Date |
Price |
Price Change |
Description |
|
5/18/2026
|
$1,200,000
|
|
Listed Price
|