2573-2593 NE Palm Ave
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2573-2593 NE Palm Ave
8 Unit Apartment Building $1,800,000 ($225,000/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 | $1,800,000 | Lot Size | 0.52 AC |
| Price Per Unit | $225,000 | Building Size | 4,206 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1948/1983 |
| Property Subtype | Apartment | Parking Ratio | 4.28/1,000 SF |
| Apartment Style | Low Rise | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | $1,800,000 |
| Price Per Unit | $225,000 |
| 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 | $3,000 | - |
| 2+1 | 3 | $2,900 | - |
| 1+1 | 1 | $2,100 | - |
| Studios | 2 | $1,800 | - |
1 of 1
zoning
| Zoning Code | R-3 |
| R-3 |
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2573-2593 NE Palm Ave
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