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$2,400,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 642 & 646 Eldorado St
General
- Price: $2,400,000
- Taxes: $43,594 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: Regional
- MLS ID: B26027271
- Updated: 5/12/2026
- Added to Site: 2 day(s) ago
Interior
- Flooring: Tile
Additional Information
- Security/Safety: None
Parking
- Total Spaces: 16
Location
- County: St Lucie
Community
- Community Name: 7010
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Multiple Meters, Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
- # Water Meters: 8
- # Electric Meters: 8
Structural Information
- # Buildings: 2
- Construction: Frame, Stucco
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 8008
- Year Built: 1984
Lot Features
- Lot Size (Acres): 0.24
- Lot Features: 1/4 Acre
- Zoning: HI Medium
Financial Considerations
- Tax Amount: $43,594.96
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Rent Rolls
- 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
- Property ID: 240150300620003
Listed by LPT Realty, LLC
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Schools
Schools serving 642 & 646 Eldorado St
School District:St. Lucie County School District
| Name | Grades | Distance |
|---|---|---|
St. Lucie Elementary School 2020 South 13th Street, Fort Pierce, FL 34950 | PK-5 | 3.6 mi |
Chester A. Moore Elementary School 827 North 29th Street, Fort Pierce, FL 34947 | PK-5 | 3.6 mi |
Lawnwood Elementary School 1900 South 23rd Street, Fort Pierce, FL 34950 | PK-5 | 4 mi |
Dan Mccarty School 1201 Mississippi Avenue, Fort Pierce, FL 34950 | 6-8 | 3.4 mi |
Forest Grove Middle School 3201 South 25th Street, Fort Pierce, FL 34981 | 6-8 | 5.4 mi |
Fort Pierce Westwood High School 1801 Panther Lane, Fort Pierce, FL 34947 | 9-12 | 4.9 mi |
Weatherbee Elementary School 800 East Weatherbee Road, Fort Pierce, FL 34982 | PK-5 | 5.9 mi |
White City Elementary School 905 West 2nd Street, Fort Pierce, FL 34982 | PK-5 | 7.1 mi |
Lakewood Park Elementary School 7800 Indrio Road, Fort Pierce, FL 34951 | PK-5 | 7.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 642 & 646 Eldorado St
Date
Details
Price
Change
Source
5/12/2026
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 642 & 646 Eldorado St
642 & 646 Eldorado Street, Fort Pierce, FL (MLS# B26027271) is a Commercial Multi-Family property. 642 & 646 Eldorado Street is currently listed for $2,400,000 and was received on May 12, 2026. Want to learn more about 642 & 646 Eldorado Street? Do you have questions about finding other Commercial Multi-Family real estate for sale in Fort Pierce? You can browse all Fort Pierce real estate or contact a Coldwell Banker agent to request more information.

