Skip To Content

2507 N Ocean Drive

Hutchinson Island, FL 34949
  • $2,350,000
  • STATUS: Active
  • ON SITE: 106 Days
  • ID#: RX-11016392
$2,350,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,396
    SQFT
  • $535
    $/SQFT
Neighborhood:
Fort Pierce Shores
Type:
Multi-Family
Built:
1976
County:
St. Lucie
Area:
Hutchinson Island

School Ratings & Info

Visit GreatSchools.org

Description

INVESTORS, welcome to your turnkey investment property with a remarkable Net Operating Income of over $92,000 annually. Situated in a prime location on North Hutchinson Island, this property is not just an investment--it's an opportunity to own a piece of paradise with outstanding financial returns.This property is a high-demand rental on platforms like Airbnb, VRBO, and Booking/com, boasting impressive occupancy rates and a loyal repeat clientele. Nestled in a serene and peaceful area, it's just a short 5-minute stroll to the stunning 10-mile stretch of Hutchinson Island beach!

Monthly Payment Calculator

www.evluxuryrealestate.com/homes/154323019
Print Image

2507 N Ocean Drive Hutchinson Island, FL 34949

  • Price: $2,350,000
  • Status: Active
  • On Site: 106 Days
  • ID#: RX-11016392
0
Beds
0
Baths
0
½ Baths
0.32
Acres
4,396
SQFT
$535
$/SQFT
1976
Built
Neighborhood:
Fort Pierce Shores
County:
St. Lucie
Area:
Hutchinson Island
Property Description
INVESTORS, welcome to your turnkey investment property with a remarkable Net Operating Income of over $92,000 annually. Situated in a prime location on North Hutchinson Island, this property is not just an investment--it's an opportunity to own a piece of paradise with outstanding financial returns.This property is a high-demand rental on platforms like Airbnb, VRBO, and Booking/com, boasting impressive occupancy rates and a loyal repeat clientele. Nestled in a serene and peaceful area, it's just a short 5-minute stroll to the stunning 10-mile stretch of Hutchinson Island beach!
Exterior Features

Carport Spaces 0.00 Construction BlockConcrete Exterior Features Auto SprinklerCustom LightingDeckOpen PatioOpen PorchOutdoor ShowerRoom for Pool Lot Description 1/4 to 1/2 AcrePaved Road Private Pool YN No Roof Metal Storm Protection Panel Shutters Complete Unit1 Parking Open ParkingSpace Parking Unit2 Parking Open ParkingSpace Parking Unit3 Parking Open ParkingSpace Parking Unit4 Parking Open ParkingSpace Parking View Garden Water Frontage Beach is 3 min. walk Waterfront Description Ocean Access Waterfront YN No

Interior Features

Cooling Ceiling FanCentral IndividualElectric Flooring Tile Heating Central Individual Unit1 Bedrooms 2 Unit1 Desc A/C UnitBuilt-in ShelvesDishwasherDisposalDryerElectric MeterKitchenLaundryMicrowavePantryPatioRange - ElectricRefrigeratorSmoke DetectorVolume CeilingWasher Unit1 Full Baths 2 Unit1 Furnished Yes Unit1 Sq Ft 1100 Unit2 Bedrooms 2 Unit2 Desc A/C UnitBuilt-in ShelvesCathed/Vault CeilingDishwasherDisposalDryerElectric MeterKitchenLaundryMicrowavePantryPatioRange - ElectricRefrigeratorSmoke DetectorVolume CeilingsWasher Unit2 Full Baths 2 Unit2 Furnished Yes Unit2 Sq Ft 1100 Unit3 Bedrooms 2 Unit3 Desc A/C UnitBuilt-in ShelvesCathed/Vault CeilingDishwasherDisposalDryerElectric MeterKitchenLaundryMicrowavePantryPatioRange - ElectricRefrigeratorSmoke DetectorVolume CeilingWasher Unit3 Full Baths 2 Unit3 Furnished Yes Unit3 Sq Ft 1100 Unit4 Bedrooms 2 Unit4 Desc A/C UnitBuilt-in ShelvesCathed/Vault CeilingDishwasherDisposalElectric MeterKitchenLaundryMicrowavePantryPatioRange - ElectricRefrigeratorSmoke DetectorVolume CeilingWasher Unit4 Full Baths 2 Unit4 Furnished Yes Unit4 Sq Ft 1100 Window Treatments Blinds

Property Features

Annual Net Operating Income 92000.00 Annual Total Expenses 172000.00 Auction No Available Info Inventory Built Desc Resale Gated Community No Gross Operating Income 264000.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Quad Plex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Assessment No Special Info Sold As-Is Sq Ft Total 5958.00 Subdivision Amenities Bike - JogBike StorageBocce BallExtra StorageFitness Trail Tax Amount 19794.00 Tax Year 2023 Taxes Homestead Tenant Pays None Terms Considered CashConventional Unit1 Monthly Income 7000.00 Unit2 Monthly Income 7000.00 Unit3 Monthly Income 7000.00 Unit4 Monthly Income 7000.00 Utilities Public WaterSeptic Zoning HutchI

Listing provided courtesy of : . Listing information © 2024 BeachesMLS
 
https://bt-photos.global.ssl.fastly.net/rmls/1280_boomver_1_RX-11016392-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/1280_boomver_1_RX-11016392-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/1280_boomver_1_RX-11016392-2.jpg
Logo
Thomas Kane | TrustLarry Real Estate
3111 Bayview Drive
Fort Lauderdale FL, 33306