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Multifamily in Fort Pierce, FL 34949Ocean View, 642 Eldorado St
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$1,150,000
50KBeds
4,004
SqFt$287
$/SqFtEntry-Level Multifamily
Built in 1984
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.
MLS Number: B26027258
On Site: 128 Days
Updated: 0 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: None
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Tile
- Year Built: 1984
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2026-05-11T23:06:08.000-00:00
- Pets Allowed: NoPetRestrictions, Yes
Taxes, Fees & More
- Taxes: 21797.48
- Real Estate Taxes: 892600
- Total Floors in Building: 2
- Total Units in Building: 4
- Total Units in Complex: 4
Apples-to-Apples Comparables
Price History
Current
$1.2M
High
$1.2M
Low
$1.2M
Total Change
-4.2%Date
Event
Price
Change
Price Per
07/17/2026
Price Reduced
$1.2M
-4.17%$287 ft2
$3,092 m2
06/09/2026
Price Reduced
$1.2M
0%$300 ft2
$3,226 m2
05/11/2026
Listed
$1.2M
$300 ft2
$3,226 m2
07/17/2026
$1.2M
Event
Price Reduced
Change
-4.17%Price Per
$287 ft2
$3,092 m2
06/09/2026
$1.2M
Event
Price Reduced
Change
0%Price Per
$300 ft2
$3,226 m2
05/11/2026
$1.2M
Event
Listed
Price Per
$300 ft2
$3,226 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by John DiGirolomo • LPT Realty, LLC • Buyer Agency Compensation .
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Scores
9
100
42
100
77
100
0
100
30
100
0
100
Community Snapshot
2 – 2 BR
Bedrooms
$329K – $5M
Price Tier
1,241 - 4,612
SqFt Range
1982
Year Build
2
Total Floors
Fort Pierce Entry-Level Entry-Level Homes & Condos
- Alamanda Vista Mixed5
- Amy Anna Park House1
- Aquanique Ocean Club Condo2
- Aspire At Waterstone House1
- Avalon Beach Club Condo2
- Avalon Crossing House15
- Azalea Way House0
- Bay Tree House0
- Beachtree Condo2
- Breakers Landing Mixed2
- Bryn Mawr Ocean Towers Condo9
- Canoe Creek House0
- Capstan Condo1
- Cardinal Glades House0
- Carriage Pointe Estates House3
- Catamaran 1 Condo6
- Catamaran 2 Condo7
- Celebration Pointe Mixed18
- Cobb's Park Terrace House0
- College Park Estates House0
- Coral Condo0
- Corso Courts House0
- Cortez Park House0
- Creekside House2
- Dark Hammock Estates House1
- Del Rio House0
- Driftwood Manor House0
- Dunes Club Mixed0
- Edgartown House7
- Edgewood Acres House1
- Eldorado House5
- Executive Estates House0
- Fairlawn House0
- Fairview Park Multifamily0
- Fleetwood Acres House0
- Floresta Pines House0
- Floriana Park House3
- Fort Pierce Beach House12
- Fort Pierce Gardens House0
- Fort Pierce Heights House0
- Fort Pierce No HOA Multifamily5
- Fort Pierce Residential House69
- Franklin Park Mixed5
- French Creek House0
- Galleon Mixed7
- Garden City Farms House2
- Garden Villas At Gator Trace Villa4
- Gator Trace Condo1
- Gator Trace House2
- Golf Lodges South At Southpointe Mixed1
- Golf Villas At Ocean Village Condo5
- Harbour Isle East Condo7
- Harbour Isle West Condo22
- Harmony Heights House6
- Hibiscus Park House0
- Hidden Pines Estates House1
- High Point Of Fort Pierce Condo18
- Highland Park Mixed4
- Hillside House1
- Holiday Pines House7
- Indian Hills Estates House1
- Indian Pines Village Condo2
- Indian River Drive House0
- Indian River Estates House44
- Indian River Place Condo1
- Indrio House1
- Inlet House Condo6
- Inlet Village Condo0
- Island House Condo8
- Jay Gardens Of Fort Pierce House1
- Jenkins Park Estates House1
- Key Colony Townhouses Townhouse0
- Lake Forest Park Condo0
- Lakeshore At The Sands House1
- Lakeshore Village Of Meadowood Condo2
- Lawnwood House0
- Liberty Park House0
- Lincoln Park House0
- Linkside At Gator Trace Condo0
- Lost Tree Estates House2
- Magnolia Park House0
- Magnolia Square Mixed3
- Maravilla Estates House4
- Maravilla Gardens Mixed5
- Maravilla Golf Park House1
- Maravilla Plaza House0
- Maravilla Terrace House0
- Mariner Bay At Hutchinson Island Townhouse2
- Marion Heights House0
- Mayfair At Lawnwood Condo0
- Merriweather Park House1
- Misik's Of Maravilla Park House1
- Morningside Palm Breezes Club House13
- New Century At Gator Trace Condo0
- Oakland Lake Estates House2
- Ocean Villas 1 Condo4
- Ocean Villas 2 Condo1
- Ocean Villas 3 Condo3
- Oceana South Condo0
- Orange Blossom Estates House3
South Beach Communities in Fort Pierce, FL
High-End
High-End 2
Mid-Tier
Mid-Tier 1
Premium
Premium 4
Entry-Level
Entry-Level 11
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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