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2573-2593 NE Palm Ave

8 Unit Apartment Building $2,551,446 CAD ($318,931 CAD/Unit) Jensen Beach, FL 34957

Investment Highlights

  • 3 Blocks from the Intracoastal Waterway/Indian River Lagoon
  • Minutes from the Ocean and Hutchinson Island
  • Property Surrounded by High Wooden Fence for Ultimate Privacy
  • Less Than a Mile from Downtown Jensen Beach
  • Tropical Income Producing Property with Pool at the Heart of It

Executive Summary

Discover this exceptional Key West style 8 unit residential property perfectly positioned in the heart of Jensen Beach. Well maintained and brimming with potential this income producing gem offers tenants the ideal coastal lifestyle just moments from the ocean river beaches boating vibrant shops restaurants and entertainment of downtown Jensen Beach. Shared amenities include a sparkling pool convenient on site laundry ample parking and lush tropical green space. Each unit has its own USPS mailing address. With its close proximity to Jensen Beach's finest attactions and conveniences this property is a rare investment opportunity that you do not want to miss.

Property Facts

Price $2,551,446 CAD
Price Per Unit $318,931 CAD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.52 AC
Building Size 4,206 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1948/1983
Parking Ratio 4.28/1,000 SF
Opportunity Zone Yes

Unit Amenities

  • Air Conditioning
  • Storage Space
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Yard
  • Family Room
  • Patio

Site Amenities

  • Laundry Facilities
  • Pool
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 2 $4,252 CAD -
2+1 3 $4,111 CAD -
1+1 1 $2,977 CAD -
Studios 2 $2,551 CAD -

zoning

Zoning Code R-3
R-3
  • Listing ID: 34134360

  • Date on Market: 2024-06-07

  • Last Updated:

  • Address: 2573-2593 NE Palm Ave, Jensen Beach, FL 34957

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