642 Eldorado Street, Fort Pierce, FL
About this property
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.
Property facts
- Sqft
- 4,740
- Year Built
- 1984
- Location
- Fort Pierce, FL 34949
- County
- St Lucie County
- FEMA flood zone
- Zone AE, special flood hazard area
- Base flood elevation
- 5 ft (NAVD88)
- Ground elevation
- 2.9 ft
- Hurricane evacuation zone
- Zone A
- Distance to the coast
- 0.1 mi
Sources: FEMA National Flood Hazard Layer (panel 12111C0183K, effective 2020-02-19), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-03. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.
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Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.