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642 Eldorado Street

$1,200,000

642 Eldorado Street, Fort Pierce, FL 34949

Active
Last Updated: 06/10/2026

52,650

NOI

4,740 sqft

Building Size

Details:
NOI:    $52,650
Building Size:    4,740 sqft
Units:    4
Year Built:    1984
Floors:    2
Gross Leaseable Area:    4,004
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot, Less Than 1 Acre
  • Gross Income: 81000
  • Bathrooms Total: 0
  • Documents Available: Rent Rolls
  • Architectural Style: Two Story
  • Cooling: Central Individual A/C
  • Heating: Central
  • Flooring: Tile
  • Construction Materials: Frame, Frame With Stucco, Stucco
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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