$1,997,000 Price Analysis    ♡   Jensen Beach, FL 34957 13 bed 10 bath 4,206 SqFt ($474/SqFt) 0.33 acre lot. Built 1983 Listed 2024-06-05 | Ⓧ USDA Ineligible due to price & location near Jensen Beach |
DEVELOPER and INVESTOR ALERT!
THIS LISTING INCLUDES 2 PARCELS IN JENSEN BEACH, FLORIDA WITH A TOTAL OF 8 UNITS - 13 Bedroom, 8 Bath and 2 half Bath: PARCEL #22-37-41-1-9 (includes addresses 2571, 2573, 2575 NE Palm Avenue - 6 units on .34 acres) and PARCEL # 22-37-41-0-0 (includes addresses 2593 and 2595 NE Palm Avenue - 2 units on .18 acres) Both Parcels must be sold together.Welcome to your tropical oasis in the heart of Jensen Beach, Florida. This exceptional income-producing property spans over half an acre and boasts eight charming units, each exuding a delightful beachy design. Nestled a few blocks from the serene Indian River Lagoon and minutes from the ocean, this hidden gem offers the perfect blend of tranquility and convenience. The property comprises eight separate units on two parcels: five two-bedroom, one-bath units; one one-bedroom, one-bath unit; and two studios. Some units have washer/dryer hookups and there is als a centrally located laundry room. The property has been meticulously maintained by the current owner. With a vast layout, it easily accommodates over 30 guests per night for Airbnb hosts, providing an ideal retreat for those visiting the Treasure Coast area.
With no HOA, this is also an ideal location for guests who may want to stay a little longer to explore the area or even become a resident. At the heart of the property, you'll find a sparkling pool that was resurfaced in 2022, providing a refreshing retreat for residents and guests alike, all encircled by a privacy fence that ensures an intimate and secure atmosphere. With ample parking and a spacious, comfortable layout, this tropical haven promises not a serene living experience but also a lucrative investment opportunity less than a mile from downtown Jensen Beach. Jensen Beach, situated on Florida's Treasure Coast between Fort Pierce and West Palm Beach, is reminiscent of Key West with its Caribbean flair and stellar seafood. Visitors will notice pineapple art displayed throughout the downtown area, paying tribute to the town's history as the former Pineapple Capital of the World. On Thursday nights, downtown Jensen Beach comes alive with Jammin' Jensen, a festival-like event that brings together live music, local artists and street vendors. Its coastline and waterways make Jensen Beach a top destination for fishing, boating, sailing, paddling and scuba diving. With five-star restaurants, boutiques, specialty stores, shopping centers and family-friendly attractions like the Children's Museum of the Treasure Coast, there's something for everyone to enjoy. Plus you're minutes away from Hutchinson Island, home to miles of pristine beaches. Unmatched by any other listings in the area, this unique property offers a rare, exclusive opportunity to own a financially lucrative slice of paradise in Jensen Beach, Florida. Please do not disturb owner or current tenants.
Presented by Christie Di Lemme at
Florida Homes Realty & Mortgag.
Property MLS #RX-10993676 from BeachesMLSFlex
Heating Features: Central
1/2 Bathrooms: 2
Window Features: Blinds
Extra Building
Fence
Open Patio
Pool Private: Yes
Carport Spaces: 4
Garage Spaces: 14
Lot Size Acres: 0.3343205
Lot Size Square Feet: 14563
Association Fee Amenities: Extra Storage, Pool
Calculated Total Monthly Association Fees: 0
Tenant Pays: Cable, Electric, Water
Bedrooms in Unit-1: 5
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 4
Full Bathrooms in Unit-1: 3
Full Bathrooms in Unit-2: 2
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 2
Half Bathrooms in Unit-4: 2
Unit-1 Description: A/C Unit, Den/Family, Electric Meter, Kitchen, Range - Electric, Refrigerator, Smoke Detector
Unit-3 Description: Unit 3 Desc: Electric Meter, Kitchen, Range - Electric, Refrigerator, Smoke Detector
Unit-4 Description: A/C Unit, Dishwasher, Dryer, Electric Meter, Kitchen, Range - Electric, Refrigerator, Washer
Unit-1 Furnished Description: Partial
Unit-2 Furnished Description: Partial
Unit-3 Furnished Description: Partial
Unit-4 Furnished Description: Partial
Unit-1 Square Feet: 2146
Unit-2 Square Feet: 1134
Unit-3 Square Feet: 926
Unit-4 Square Feet: 2268
Source Listing Status: Active
County: Martin
Directions: NE Indian River Drive, Right on NE Park Street, Right on NE Palm Avenue, Property on Right
Tax Year: 2023
Source Property Type: Residential Income
Area: 3 - Jensen Beach/Stuart - North of Roosevelt Br
Source Neighborhood: JENSEN BEACH HOMESITES
Subdivision: JENSEN BEACH HOMESITES
Zoning: R-3
Property Subtype: Quad Plex
Source System Name: C2C
$1,997,000
BeachesMLSFlex
Operating Expense: 10500.00
Year Built: 1983
Construction Materials: CBS, Concrete, Stucco
Living Area Source: Tax Rolls
Property Age: 41
Property Condition: Resale
Roof: Comp Shingle
Levels or Stories: 1.0
Structure Type: Quadruplex
Total Area Sqft: 4495
Year Built Details: Resale
Electric
Public Sewer
Public Water
Septic
Water Source: Public Water
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.