Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2172 NE Poinciana Terrace Jensen Beach, FL 34957

    View on Map
    For Sale
    $899,900

    Commercial Sale, Rustic - Jensen Beach, FL

    Type:Multi Family
    Lot size:
    0.32 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    128
    Last Refresh:
    Apr 1 at 7:06 pm

    Property Features for 2172 NE Poinciana Terrace

    General Information

    Property type
    Commercial Sale
    Property subtype
    Multi Family
    Parking
    6
    Parking features
    Open
    Standard status
    Active
    APN
    223741016000000805
    Lot size
    0.32 Acres

    Utilities

    Heating system
    Wall Furnace
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1942
    Flooring type
    Tile, Tile - Ceramic
    Architectural style
    Rustic

    We can help!

    Listing Contact
    Stacy Little
    Stacy Little

    Listing agent Stacy Little

    Listing office Engel & Völkers Stuart 600 SE Ocean Boulevard, Stuart, FL

    Listing date Nov 24, 2025

    MLS# M20053256 Listing URL

    Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income Property Near Jensen Beach

    This income-producing property is located minutes from Downtown Jensen Beach. The property features 6 rentable units with gross monthly rents totaling $7,350. The two-story main home includes five units: two possible 2-bedroom apartments, one efficiency on the lower level, and two upstairs studio apartments. A separate 1-bedroom trailer provides additional rental income. Situated on a private dead-end street, the property offers a peaceful setting. The lot size is 0.319 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jensen Beach
    County
    Martin
    State
    Florida
    Longitude
    -80.222978
    Latitude
    27.2389703

    Nearby Similar for Sale

    • $3,000,000

      Medical Office Investment Opportunity

      Fully leased medical center with income and growth potential.
      3405 NW Federal Highway, Jensen Beach, FL 34957
      View Details
    • $899,900

      Income Property Near Jensen Beach

      Income-producing property with six rentable units near Downtown Jensen Beach.
      2172 NE Poinciana Terrace, Jensen Beach, FL 34957
      View Details
    • $535,000
      2,092 SF

      Jensen Beach Duplex Investment Opportunity

      Spacious duplex in Jensen Beach near beaches, restaurants, and schools.
      3313 & 3311 NE Sandra Drive, Jensen Beach, FL 34957
      View Details
    • $899,900

      Income Property Near Jensen Beach

      Income-producing property with 6 rentable units near Downtown Jensen Beach.
      2172 NE Poinciana Terrace, Jensen Beach, FL 34957
      View Details
    • $158,000

      Corner RV Lot in Holiday Out

      Spacious corner RV lot with private beach access and amenities.
      10725 S Ocean Drive unit: 471, Jensen Beach, FL 34957
      View Details
    • $285,000

      Jensen Beach Dock with Lift

      35' boat slip with 16,000 lb lift.
      1405 NE Indian River Drive, Jensen Beach, FL 34957
      View Details
    • $465,000

      Versatile Commercial Condo AutoVault

      1,307 SF AutoVault perfect for storage or business.
      1225 NE Savannah Road, Jensen Beach, FL 34957
      View Details
    • $20,000
      3,603 SF

      Furnished Inn Business Opportunity

      Furnished 5-bedroom inn for rent in Jensen Beach, FL.
      3350 NE Indian River Drive, Jensen Beach, FL 34957
      View Details
    • $169,900

      RV Lot Near Atlantic Ocean

      Private RV lot in Holiday Out community, steps from the beach.
      10725 S Ocean Drive unit: 215, Jensen Beach, FL 34957
      View Details
    • $170,900

      RV Lot Near Atlantic Ocean

      RV lot in Holiday Out community near the Atlantic Ocean.
      10725 S Ocean Drive unit: 294, Jensen Beach, FL 34957
      View Details
    • $165,900

      Jensen Beach RV Lot

      RV lot near the beach with reinforced concrete pad.
      10725 S Ocean Drive unit: 355, Jensen Beach, FL 34957
      View Details
    • $3,600,000
      14,152 SF

      Prime Commercial Corridor Location

      Well-maintained building in high-traffic area, ideal for investment.
      3403 Northwest Federal Highway, Jensen Beach, FL 34957
      View Details

    FAQs

    What type of property is this?
    Apartment building - Income-producing property with 6 rentable units near Downtown Jensen Beach.
    Where is this apartment building located?
    The property is located at 2172 NE Poinciana Terrace Jensen Beach, FL.
    What is the asking price?
    The asking price for this property is $899,900.
    What are key features of this property?
    This property features: Income‑producing property with $7,350 gross monthly rents.; Six rentable units: five in the main house and one separate 1‑bedroom trailer.; Minutes from Downtown Jensen Beach.
    (772) 263-0907
    We can help!
    Listing Contact
    Stacy Little
    Stacy Little
    Real Estate License ID: 645077
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!