$2,030,000
$370K PRICE DROP

Estimated payment $12,959/month

Total Views 4,367
-- Bed
-- Bath
4,396 Sq Ft
$462 Price per Sq Ft

Highlights

  • Property has ocean access
  • Deck
  • Porch
  • Room in yard for a pool
  • Garden View
  • Open Patio

About This Home

Attention investors! This fully turnkey vacation rental offers an exceptional opportunity with a NOI of over $92,000 annually!!. Located on North Hutchinson Island, this property isn't just a smart investment--it's a chance to own a slice of paradise with strong financial returns.Currently a high-demand rental on Airbnb, VRBO, and Booking, this home enjoys impressive occupancy rates and a loyal repeat guest base. Situated in a tranquil setting, it's just a 5-minute walk to the breathtaking 10-mile stretch of Hutchinson Island beach.Don't miss out on this proven income-generating property in one of Florida's most desirable coastal destinations! Situated in a prime location on North Hutchinson Island, this property is not just an investment--it's a vacation paradise

Listing Agent

Holly Meyer Lucas

Compass Florida, LLC (Jupiter) License #3321238

Compass Florida, LLC (Jupiter)

Co-Listing Agent

Kim Thomson

Compass Florida, LLC (Jupiter) License #3188644

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,794

Year Built

  • Built in 1976

Lot Details

  • 0.32 Acre Lot
  • Sprinkler System

Home Design

  • Metal Roof

Interior Spaces

  • 4,396 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Garden Views

Outdoor Features

  • Room in yard for a pool
  • Property has ocean access
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 142560300100002
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units
  • Fort Pierce Shores Subdivision

Building Details

  • Operating Expense $172,000
  • Net Operating Income $92,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,794

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: From Fort Pierce US HWY 1: North 4th Street, take right to N Causeway (A1A), continue on A1A/Shorewinds Dr., corner turn on N Ocean Drive.
  • Year Built: 1976
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 4396.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Deck, Porch, Patio, Room For Pool
  • View: Garden
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront Features: Ocean Access
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Deck, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 142560300100002
  • Lot Size: 1/4 to 1/2 Acre,Paved Ro
  • Lot Size Sq Ft: 13939.0
  • Zoning Description: HutchI
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 92000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 172000.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 19794.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Price Changed $2,030,000 -1.0% $462 / Sq Ft
02/14/2025 02/14/25 Price Changed $2,050,000 -10.5% $466 / Sq Ft
01/14/2025 01/14/25 Price Changed $2,290,000 -2.6% $521 / Sq Ft
11/18/2024 11/18/24 Price Changed $2,350,000 -2.1% $535 / Sq Ft
08/29/2024 08/29/24 For Sale $2,400,000 +38.7% $546 / Sq Ft
02/21/2023 02/21/23 Sold $1,730,000 -21.4% $394 / Sq Ft
10/19/2022 10/19/22 For Sale $2,200,000 +183.9% $500 / Sq Ft
09/25/2018 09/25/18 Sold $775,000 -3.0% $176 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $799,000 +34.3% $182 / Sq Ft
05/12/2014 05/12/14 Sold $595,000 -4.8% $135 / Sq Ft
04/12/2014 04/12/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $625,000 -- $142 / Sq Ft
Source: BeachesMLS

Source: BeachesMLS

MLS Number: R11016392

BeachesMLS

APN: 1425-603-0010-000-2