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642 Eldorado Street

642 Eldorado Street, Fort Pierce, FL 34949
Property in South Beach
1 Units For Sale
Unit for sale at 642 Eldorado St, Fort Pierce, FL 34949

$1,600,000

  • Studio
  • 4,004 ft²
642 Eldorado St, Fort Pierce, FL 34949 Listing by Luther Robinson

Local assessors in Fort Pierce, FL have categorized 642 Eldorado Street as a residential type of property. The home was built in 1984 and is 40 years old. It was most recently renovated and altered in 1994. The property's lot size has been calculated to be 10,496 square feet. The linear feet between the front and back of the lot was measured at 1,310 ft and the front of the lot was measured at 790 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 8 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 642 Eldorado Street has a total of 4,004 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable style roof that was made of fiberglass. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 642 Eldorado Street sold most recently in Sep 12, 2022 for a total of $2,300,000. If you work out the math, that's approximately a cost of $1,139.74 per sqft. Before that, the property was also sold for $630,000 in Nov 16, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $21,912 in taxes each year. The initial year of tax delinquency occurred in 2022. 642 Eldorado Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $889,900. If we break it down further, the land itself was valued at $333,200. Improvements to the property, however, were assessed at a total of $556,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

Stucco Exterior

Parking

Open Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200123 Unit 4S
01/23/2020
4S
8 Bed
8 Bath
4004 ft²
$649,000
bedrooms
8 Bed
bathrooms
8 Bath
square feet
4004 ft²
-
-
-
-
20190611 Unit 4S
06/11/2019
4S
8 Bed
8 Bath
4004 ft²
$815,000
bedrooms
8 Bed
bathrooms
8 Bath
square feet
4004 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 8
  • Bathroom Count: 6
  • Full Bathrooms: 4
  • Partial Bathrooms: 6
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Parking Type: Built-in
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,496
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 790
  • Total Building Area: 2,018
  • Gross Building Area: 4,740
  • Building Area: 4,004
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,004
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN VIEW SUBDIVISION REPLAT HOLLEY & M
  • Land Acres: 0.241
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 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

Ownership

  • Current Owner : HOLLAMBY BENJAMIN D
  • Previous Owner : MS VENTURE FUND LLC
  • Owner Before Previous Owner: JONES GLADIS

Neighborhood

  • School District Name: St. Lucie County School District
  • Census Tract: 381300

Zoning

  • Zoning: HI MEDIUM

Geography

  • Assessors Map Reference: 24/01N
  • Account Number: 14972
  • Parcel: 2401-503-0062-000-3
  • Block: 6
  • Lot: 10
  • Meridian: SEC 01 TWN 35S RNG 40E
  • Municipality: FORT PIERCE
  • Latitude: 27.4621
  • Longitude: -80.2929

    Address

  • Full Address: 642 Eldorado St
  • Address - House Number: 642
  • Address - Street Name: Eldorado
  • Address - Suffix Type: St
  • State: FL
  • City Name: Fort Pierce
  • Carrier Code: C014
  • 4-Digit Zip Code: 3506
  • Zip Code: 34949

Valuation

    Tax

  • Total Area: 4,004
  • Tax Year: 2023
  • Tax Amount: $21,912
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 9022

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 1,041,598
  • High Value: 1,517,125
  • Low Value: 566,070

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,495,000
  • First Open Lien Mortgage Lender: BENWORTH CAPITAL PARTNERS LLC
  • First Open Lien Mortgage Recording Date: Sep 13, 2022
  • First Open Lien Mortgage Loan Amount: $1,495,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 13, 2052

    Market Valuation

  • Market Total Value: $889,900
  • Market Land Value: $333,200
  • Market Improvement Value: $556,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $889,900
  • Assessed Land Value: $333,200
  • Assessed Improvements Value: $556,700

    Sales

  • Current Sale Contract Date: Sep 12, 2022
  • Current Sale Recording Date: Sep 13, 2022
  • Current Sale Transaction ID: 11896253331
  • Current Sale Price: $2,300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5096908
  • Previous Sale Recording Date: Nov 24, 2020
  • Previous Sale Contract Date: Nov 16, 2020
  • Previous Sale Amount: $630,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BENWORTH CAPITAL PARTNERS LLC
  • First Mortgage Transaction Date: Sep 13, 2022
  • First Mortgage Loan Amount: $1,495,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: AHL FUNDING
  • Previous Mortgage Transaction Date: Nov 24, 2020
  • Previous Mortgage Loan Amount: $409,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2050

About South Hutchinson Island



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Frequently Asked Questions

What neighborhood is 642 Eldorado Street located in?
The 642 Eldorado Street is a quadruplex located in the neighborhood of South Beach in South Hutchinson Island, Fort Pierce.
How many listings are currently for sale in 642 Eldorado Street?
There is one unit for sale right now.
What is the average sales price for listings in 642 Eldorado Street?
The average sales price for units in 642 Eldorado Street is $1,600,000 , or $400/sqft. currently.

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