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.

Address

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Address: Eldorado
City: Fort Pierce
State/county: St Lucie

Details

Updated on July 17, 2026 at 6:55 pm

Property ID B26027271
Price $2,300,000
Land Area 0.24 Sq Ft
Year Built 1984
Type Multi Family
Property Status Commercial Sale

Additional details

BuildingAreaSource Public Records
BuildingAreaTotal 8008
ConstructionMaterials Frame, Stucco
ContractStatusChangeDate 2026-05-12
Cooling Central Air
CumulativeDaysOnMarket 67
CurrentPrice 2300000
DaysOnMarket 67
DaysOnMarketReplication 67
DaysOnMarketReplicationDate 2026-07-17
DaysOnMarketReplicationIncreasingYN 1
DocumentsAvailable Rent Rolls
DocumentsCount 0
Electric Separate Meters
Flooring Tile
FoundationDetails Concrete Perimeter
GrossIncome 157800
Heating Central
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR BeachesMLS
ListAgentAOR BeachesMLS
ListAgentDirectPhone 772-713-4204
ListAgentEmail jcdthatsme@yahoo.com
ListAgentFirstName John
ListAgentFullName John C DiGirolomo
ListAgentKey 26651048
ListAgentKeyNumeric 26651048
ListAgentLastName DiGirolomo
ListAgentMiddleName C
ListAgentMlsId 276004025
ListAgentNationalAssociationId 276004025
ListAgentOfficePhone 877-366-2213
ListAgentPreferredPhone 772-713-4204
ListAgentStateLicense 3458838
ListOfficeAOR BeachesMLS
ListOfficeEmail flbrokers@lptrealty.com
ListOfficeKey 5903501
ListOfficeKeyNumeric 5903501
ListOfficeMlsId 261016803
ListOfficeName LPT Realty, LLC
ListOfficePhone 877-366-2213
ListingAgreement Exclusive Right To Sell
ListingContractDate 2026-05-11
ListingKey 1159875101
ListingKeyNumeric 1159875101
ListingService Full Service
ListingTerms Cash, Conventional
LotFeatures < 1/4 Acre
LotSizeArea 10454.4
MLSAreaMajor 7010
MajorChangeTimestamp July 17, 2026 at 11:40am
MajorChangeType Price Change
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp July 17, 2026 at 06:10pm
NetOperatingIncome 102570
NumberOfBuildings 2
NumberOfSeparateElectricMeters 8
NumberOfSeparateWaterMeters 8
NumberOfUnitsLeased 8
NumberOfUnitsTotal 8
OccupantType Tenant
OnMarketDate 2026-05-12
OnMarketTimestamp 2026-05-12T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-07-17T14:08:44.940-00:00
OriginalEntryTimestamp May 12, 2026 at 12:20am
OriginalListPrice 2400000
OriginatingSystemID M00000170
OriginatingSystemKey 582461654
OriginatingSystemListAgentMemberKey 34139311
OriginatingSystemListOfficeKey 1153416
OriginatingSystemModificationTimestamp 2026-07-17T14:08:44.940-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_BEACH
OwnershipType Partnership
ParcelNumber 240150300620003
ParkingTotal 16
Permission IDX
PhotosChangeTimestamp May 12, 2026 at 04:41am
PhotosCount 27
Possession Close Of Escrow
PostalCity Fort Pierce
PreviousListPrice 2400000
PriceChangeTimestamp July 17, 2026 at 11:40am
PropertySubTypeAdditional Multi Family
Roof Shingle
Sewer Public Sewer
ShowingContactPhone 772-713-4204
SourceSystemID TRESTLE
SourceSystemKey 1159875101
SourceSystemName flexmls
SpecialListingConditions Standard
StateOrProvince FL
StatusChangeTimestamp May 12, 2026 at 12:20am
StoriesTotal 2
StreetName Eldorado
StreetNumber 642 & 646
StreetNumberNumeric 642646
StreetSuffix Street
TaxAnnualAmount 43594.96
TaxLegalDescription 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
TaxYear 2025
UniversalPropertyId US-12111-N-240150300620003-R-N
Utilities Electricity Connected, Sewer Connected, Water Connected
VideosCount 0
WaterSource Multiple Meters, Public
Zoning HI Medium