2573-2593 Palm Ave, Jensen Beach, FL 34957

8 Unit Apartment Building | $1,997,000 ($249,625/Unit) | Jensen Beach, FL 34957

Asking Price $1,997,000

Property Type
Multifamily
Square Feet
4,206 SF

Listing Contacts

Christie Di Lemme
Christie Di Lemme
  • Property Info

Property Overview

DEVELOPER ALERT! THIS LISTING INCLUDES 2 PARCELS IN JENSEN BEACH, FLORIDA WITH A TOTAL OF 8 UNITS - 13 Bedrooms, 8 Full Baths, and 2 Half Baths: PARCEL #22-37-41-020-006-00061-9 (includes addresses 2571, 2573, 2575 NE Palm Avenue - 6 units on .34 acres) and PARCEL # 22-37-41-020-006-00060-0 (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 just over half an acre and boasts eight charming units, each exuding a delightful beachy design. Nestled just 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 also a centrally located laundry room. The property has been meticulously maintained by the current owner.
With a spacious 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 only 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 only 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.

Property Details

Class
C
Year Built/Renovated
1948/1983
Stories
1
Lot Size (sq. ft)
22,651 SF
Units
8

Highlights

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

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