642 Eldorado Street, Fort Pierce, FL 34949

$1,085,000 — Active

Property Features

Map Map It    Virtual Tour

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.

▼ Price Reduced — originally listed at $1,200,000

Property Details

  • Listing ID: B26027258
  • Status: Active
  • Listing Date: 2026-05-11
  • Property Type: Quadruplex
  • Subdivision: OCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN
  • County: St. Lucie
  • MLS Area: 7010
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 4,004
  • Year Built: 1984

Financial

  • List Price: $1,085,000
  • Original List Price: $1,200,000
  • HOA Fee: None
  • Taxes: $21,797/yr

Features & Amenities

  • Pets Allowed: Yes, No Restrictions
  • Cooling: Central Individual
  • Heating: Central
  • Flooring: Tile
  • Construction: Frame, Stucco
  • Roof: Shingle
  • Exterior Features: None

Courtesy of DiGirolomo Commercial
Contact Starfish Real Estate to schedule an appointment or call .

RAPB

© 2026 Starfish Real Estate. Listings updated Nov 11, 2026 2:04 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.