Medical Office Investment
3405 NW Federal Highway, Jensen Beach, FL 34957
- Added:
- Dec 5, 2025
- Days on Market:
- 155
- Last Refresh:
- May 9 at 11:06 pm
Property Features for 3405 NW Federal Highway
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking
- 82
- Standard status
- Active
- APN
- 193741000000000505
- Lot size
- 2.94 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LONG LEGAL SEE Official Records
- Tax Annual Amount
- 46165
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1981
- Floors in Building
- 1
- Building materials
- Block, Concrete, Stucco
- Roof type
- Metal
Listing agent Rosi Shepard License #3320083 (772) 323-7037
Listing office RE/MAX of Stuart 729 SW Federal Hwy Suite 100, Stuart, FL (772) 288-1111
Listing date Dec 5, 2025
MLS# M20053506
Copyright © 2026 Martin County REALTORS® of the Treasure Coast, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully leased property provides an immediate 7.1% return.
- Priced below current construction costs and comparable sales.
- Opportunity to increase rents with two tenants on month‑to‑month leases.
- Stable tenant base of medical and community‑service providers.
- Property value aligns with recent sales of similar centers.
- Durable construction with block, concrete, stucco, and a metal roof.
Overview
This fully leased property in Jensen Beach, Florida, is occupied by stable medical and community-service tenants. Recent sales of similar centers in Jensen Beach and Port St. Lucie have ranged from approximately $230 to $265 per square foot, with buyer returns in the mid-5% to low-7% range. The property's value aligns with this range, despite current rents being slightly below market rates. Two tenants with leases due in 2025 are currently operating on a month-to-month basis, presenting a new owner with the opportunity to increase rents to market levels in the coming years. Priced at approximately per square foot, the property offers an in-place return of roughly 7.1%, providing both current income and potential for future rent growth. The asking price is below current construction costs for similar properties and is competitive with recent sales of other retail-medical properties in the area. The property is located at 3405 NW Federal Highway, Jensen Beach, FL 34957, in Martin County.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dr. Jonathan M. ...
Physician
Catherine Woolwine
Physician
Stuart Urgent Care
Medical Clinic
TCMAi
Medical Clinic
Kyle Slazyk
Physician
Similar Places Nearby
- Banfield Pet Hospital — 2435 NW Federal Hwy, Stuart, FL 34994
Location Insight
- Map
- Local Demand
- City
- Jensen Beach
- County
- Martin
- State
- Florida
- Longitude
- -80.2719137
- Latitude
- 27.246722
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Fully leased medical center with income and growth potential.
Where is this medical office space located?
The property is located at 3405 NW Federal Highway Jensen Beach, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Fully leased property provides an immediate 7.1% return.; Priced below current construction costs and comparable sales.; Opportunity to increase rents with two tenants on month‑to‑month leases.
