$1,250,000
SOLD APR 15, 2025

2573 & 2593 NE Palm Ave Jensen Beach, FL 34957

-- Bed
-- Bath
6,474 Sq Ft
0.52 Acres

Recently Sold

$193 Per Sq Ft

24% Below List Price

93 Days on Market

Highlights

  • 0.52 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Jensen Beach Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2025

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.

Last Agent to Sell the Property

Kimberly Braunstein

One Sotheby's International Realty Brokerage Phone: 772-214-6466 License #3371409

Co-Listed By

Aaron Braunstein

One Sotheby's International Realty Brokerage Phone: 772-214-6466 License #3446278

Last Buyer's Agent

Kimberly Braunstein

One Sotheby's International Realty Brokerage Phone: 772-214-6466 License #3371409

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,708

Year Built

  • Built in 1948

Lot Details

  • 0.52 Acre Lot

Home Design

  • 6,474 Sq Ft Home
  • Quadruplex
  • Frame Construction
  • Concrete Siding
  • Block Exterior

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,708

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Co List Office Mls Id: 279000021
  • Co List Office Phone: 772-287-1777
  • Directions: SE Monterey Road to right on SE Ocean Blvd to left on N Sewalls Point Road to left on NE Park Street to right on NE Palm Ave to property on right
  • Lot Size Acres: 0.519
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Prop. Type: Residential Income
  • Subdivision Name: Jensen Beach Homesites
  • Year Built: 1948
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-214-6466
  • Special Features: VirtualTour

Interior Features

  • Living Area: 6474.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Block, Frame, Concrete
  • Property Condition: Resale
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Non-Gated
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 6708.0
  • Tax Year: 2023

Map

Range of Values:

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Average Value
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Sold Price
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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
04/15/2025 04/15/25 Sold $1,250,000 -24.2% $193 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $1,650,000 0.0% $255 / Sq Ft
02/19/2025 02/19/25 Pending -- -- --
02/06/2025 02/06/25 Price Changed $1,650,000 -8.3% $255 / Sq Ft
12/03/2024 12/03/24 For Sale $1,800,000 -- $278 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,708 $360,235 -- --
2023 $6,708 $332,148 $0 $0
2022 $5,876 $306,479 $0 $0
2021 $5,428 $283,012 $0 $0
2020 $5,097 $274,200 $0 $0
2019 $4,949 $272,558 $0 $0
2018 $4,711 $269,136 $0 $0
2017 $3,124 $215,908 $0 $0
2016 $3,913 $209,268 $0 $0
2015 $3,661 $191,190 $49,880 $141,310
2014 $3,661 $170,470 $37,500 $132,970
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Closed $250,000 New Conventional
Previous Owner $245,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $62,152 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Quit Claim Deed $100 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $107,000 None Available
Personal Reps Deed $350,000 Attorney
Source: Public Records

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20047817

Martin County REALTORS® of the Treasure Coast

APN: 22-37-41-020-006-00061-9