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Property photos —
Price reducedBeachesMLS
Price reducedMLS® B26027258
$1,085,000

↓ Price reduced $65,000 on Sep 22, 2026

642 Eldorado Street, Fort Pierce, FL 34949

Beds
—
Baths
0
Sqft
4,004
Est. payment$7,989/mo
Home type
Quadruplex
Year built
1984
Lot size
10,454 sqft
Price / sqft
$271
HOA
$0/mo
Community
OCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN

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.

Listing activity

Days on market
141
Listed
May 11, 2026
MLS listing updated
1 hour ago
Feed last checked
10 minutes ago

Listed by John C DiGirolomo · LPT Realty, LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Tile

Heating & cooling

Heating
Central
Cooling
Central Individual
Property

Exterior

Stories
2
Building area
4,740 sqft
Exterior features
None
Pool
No
Waterfront property
No

Lot

Lot size
10,454 sqft
Lot size (acres)
0.24 acres
Zoning
HI Medium
Construction

Type & style

Home type
Quadruplex
Year built
1984
New construction
No

Materials

Construction
Frame, Stucco
Roof
Shingle
Foundation
Block, Concrete Perimeter
Property condition
Resale
Levels
Two
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Electricity Connected, Sewer Connected, Water Connected
Community & HOA

Community

Subdivision
OCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN
MLS area
7010
MLS subarea
SL09
Pets allowed
Yes, No Restrictions
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Lease details

Rental information

Tenant pays
Electricity, Water
Location

Area details

City
Fort Pierce
County
St. Lucie
ZIP code
34949
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26027258
Possession
Close Of Escrow
Original list price
$1,200,000
Parcel number
240150300620003
Annual property tax
$21,797.48
Tax year
2025
Assessed value
$892,600
Tax 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 listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
4740
Construction Materials
Frame, Stucco
County Or Parish
St. Lucie
Days On Market
141
Foundation Details
Block, Concrete Perimeter
List Price
1085000
Listing Contract Date
2026-05-11
Living Area
4004
Lot Size Acres
0.24
Lot Size Area
10454.4
MLSArea Major
7010
MLSArea Minor
SL09
Mls Status
Active
On Market Date
2026-05-12
Photos Count
20
Postal Code
34949
Price Change Timestamp
2026-09-22T23:21:23Z
Property Sub Type
Quadruplex
Property Type
Residential Income
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-05-12T03:06:09Z
Stories Total
2
Subdivision Name
OCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN
Tax Assessed Value
892600
Water Source
Public
Tax Annual Amount
21797.48
Pool Private
No
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
May 11, 2026ListedBeachesMLS$1,200,000$300/sqft
Sep 22, 2026Price reducedBeachesMLS$1,085,000$271/sqft

Public tax history

YearProperty taxesAssessment
2025$21,797$892,600

Payment calculator

Estimated monthly payment$7,989/moIllustrative estimate, not a loan offer.
Principal & interest
$5,630
Property taxes
$1,816
Insurance
$543
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

OCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN

Fort Pierce · St. Lucie County · 34949

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

2 homes
BeachesMLS

BeachesMLS · Listing courtesy of LPT Realty, LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.