642 Eldorado St

Fort Pierce, FL 34949

$1,200,000
Price
8
Beds
—
Baths
4,004 Sq. Ft.
$300 / Sq. Ft.
4,004
Sq. Ft.
$300
per Sq. Ft.
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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...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.
  1. Listed by John C DiGirolomo • Brokerage DRE #1064576 • LPT Realty, LLC • jcdthatsme@yahoo.com

Property Details for 642 Eldorado Street

Furnished
Unfurnished
Waterfront
No
Style
No Pool/No Water
Year Built Numeric
1984
Pets Allowed YN
Yes
Subdivision
OCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN
LISTING UPDATED: 06/11/2026 04:30 PM

Property Details for 642 Eldorado Street

StatusActive
MLS #B26027258
Days on Market31
Taxes$21,797 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1984
Lot Size0.24 AC / 10,454 SF
CountySt. Lucie County
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Location

Listing Courtesy of LPT Realty, LLC
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Building Information for 642 Eldorado Street

Stories2Residences-Year Built1984Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

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$7,796 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,980

Property Taxes

$1,816

HOA Dues

$0

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Property Information for 642 Eldorado Street

Summary
Location and General Information
  • Area: 7010
  • City and Location Text: Fort Pierce
  • County Land Code: St. Lucie County
  • County Or Parish: St. Lucie County
  • Geo Lat: 27.462365
  • Information Available: Rent Rolls
  • MLS Area: 7010
  • MLS Sub Area: SL09, St Lucie County 6010; 7010 7020
  • Postal Code: 34949
  • State: FL
  • Street #: 642
  • Subdivision Complex Bldg: OCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN
  • Complex Name: OCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN
  • Zoning: HI Medium
Taxes and HOA Information
  • Association Fee: $0
  • HOPA: No HOPA
  • Legal Desc: 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
  • Parcel ID: 240150300620003
  • Tax Information: No Homestead
  • Tax Year: 2025
  • Total Assessed Value: $892,600.00
Property
Lot Information
  • Acreage Description: Less Than 1/4 Acre Lot, Less Than 1 Acre Lot
  • Acres: 0.24
  • Approx Sqft Total Area: 4740
  • Property Condition: Resale
  • Sq Ft: 4740
  • Sq Ft Liv Area: 4004.0
  • Sq Ft Total: 4,740
  • Total Floors in Bldg: 2.00
  • Property Type: Residential Income, Quadruplex
Property and Assessments
  • Avail Docs: Rent Rolls
  • Construction Type: Quadruplex, Block, Concrete Perimeter, Shingle, Resale, Frame, Stucco
  • Document Count: 0
  • 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
  • Special Assessment: No
  • Type: Quadruplex
  • Year Built Description: 1984
Utilities
  • Num Meters: 8
  • On Site Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: Yes
  • Sewer Description: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Construction: Frame, Stucco
  • Exterior Features: None
  • Gated Community YN: No
  • Guest Accommodations: No
  • Private Pool: No
  • Roof: Shingle
  • Roof Description: Shingle
Interior Features
  • Baths Total: 0
  • Column Description: Frame, Stucco
  • Cooling: Central Individual
  • Flooring: Tile
  • Heating: Central
  • Heating Description: Central
  • Num Floors: 2
  • Num Interior Levels: Two
  • Num Stories: 2
  • Numof Units: 4
  • Stories: 2.0
Multi Family
Multi Family Information
  • Number of Stories: 2.0
  • Unit Count: 4
Income & Expenses
  • Income & Expenses: Annual Net Oper Inc: $52,650.00
  • Income & Expenses: Annual Total Expense: $28,350.00
  • Income & Expenses: Gross Operating Inc: $81,000.00
  • Exp Incl Pool Service: No
  • Expense Amount: $28,350
  • Gross Operating Income: $52,650
  • Gross Rent Income: $81,000
  • Insurance Expense: $0
  • Monthly Income: $81,000
  • Net Operating Income: $0
  • Source of Expenses: Owner Provided
Unit Information
Unit 1
  • Appliances: Range, Microwave, Refrigerator, Dishwasher
  • Other Equipment: Air Conditioning Unit
  • Carport YN: No
  • Garage YN: No
  • Parking Features: Parking Space
  • Currently Leased YN: Yes
  • Lease Expiration: 05-11-2026
  • Lease Term: Month To Month
  • Occupant Type: Tenant
  • Rooms: Den, Kitchen
  • Actual Rent: $1,850.00
  • Baths Full: 1
  • Baths Half: 1
  • Beds Total: 2
  • Efficiency YN: No
  • Furnished: Unfurnished
  • SqFt: 1001.0
Unit 2
  • Appliances: Dishwasher, Disposal, Range
  • Other Equipment: Air Conditioning Unit
  • Parking Features: Parking Space
  • Currently Leased YN: Yes
  • Lease Expiration: 03-31-2027
  • Lease Term: 12 Months
  • Occupant Type: Tenant
  • Rooms: Kitchen, Den
  • Actual Rent: $1,400.00
  • Baths Full: 1
  • Baths Half: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 1001.0
Unit 3
  • Appliances: Microwave, Refrigerator, Range, Dishwasher
  • Currently Leased YN: Yes
  • Lease Expiration: 05-12-2026
  • Lease Term: Month To Month
  • Occupant Type: Tenant
  • Actual Rent: $2,000.00
  • Baths Full: 1
  • Baths Half: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 1001.0
Unit 4
  • Appliances: Microwave, Refrigerator, Range, Dishwasher
  • Currently Leased YN: Yes
  • Lease Expiration: 03-31-2027
  • Lease Term: 12 Months
  • Occupant Type: Tenant
  • Actual Rent: $1,500.00
  • Baths Full: 1
  • Baths Half: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 1001.0
Rental
Rental Information
  • DXORIGMLNO: RML
  • Pets Allowed: Yes, No Restrictions
  • Pets on Premises: Yes
  • Pets On Premises YN: Yes
  • Possession Information: Close Of Escrow
  • Rental Price/SqFt: $299.70
  • Tenant Pays: Electricity, Water

Property History for 642 Eldorado Street

DateEvent & SourcePriceAppreciation
May 17, 2026

Listed (Active)

RAIRCMLS #297411

$1,200,000—
May 12, 2026

Listed (Active)

Beaches MLS #B26027258

$1,200,000—
May 11, 2026

Cancelled

Beaches MLS #R11070804

$1,199,000—
DateEvent & SourcePrice
05/17/2026

Listed (Active)

RAIRCMLS #297411

$1,200,000
05/12/2026

Listed (Active)

Beaches MLS #B26027258

$1,200,000
05/11/2026

Cancelled

Beaches MLS #R11070804

$1,199,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 642 Eldorado Street

Taxable ValueLand-Additions-Total-
Tax Record2024$20,237 ($1,686 / month)
Home Facts
Baths6Total Finished SqFt4,004 SqFtAbove Grade Finished SqFt4,004 SqFtStories2Lot Size10,496 SqFtStyleMulti-Family Dwelling (2-4)Year Built1984ZoningHI MEDIUMCountyST. LUCIEAPN2401-503-0062-000-3

Schools near 642 Eldorado Street

This home is within St. Lucie.
Rating
School
Type
Grades
Distance
Lawnwood Elementary School
Public - PK to 5
Weatherbee Elementary School
Public - PK to 5
White City Elementary School
Public - PK to 5
St. Lucie Elementary School
Public - PK to 5
Rating
School
Distance
Lawnwood Elementary School
PublicPK to 5

Weatherbee Elementary School
PublicPK to 5

White City Elementary School
PublicPK to 5

St. Lucie Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 642 Eldorado Street, Fort Pierce, FL 34949

642 Eldorado Street is a multi-family home for sale in Fort Pierce, FL 34949. This property was listed for sale on May 12, 2026 by LPT Realty, LLC, it's currently listed at $1,200,000. It has been on the market for a total of 31 days and was last sold on September 12, 2022. This listing's school district is St. Lucie. Nearby schools include Lawnwood Elementary School, Weatherbee Elementary School and White City Elementary School. 642 Eldorado Street is a 8-bed, 0-bath, 4,004 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LPT Realty, LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.