3405 NW Federal Hwy Jensen Beach, FL 34957

Building Details

Year Built

1981

Listing office RE/MAX OF STUART r***@me.com Show Phone

Listing date Apr 24, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This fully leased property houses stable medical and community-service tenants. Two tenants with leases due in 2025 are currently month-to-month, presenting an opportunity for a new owner to increase rents closer to market rates in the coming years. The property delivers an in-place return of roughly 7.1%, offering both current income and potential for future rent growth. The property is priced below current construction costs for similar properties and is competitive with other retail-medical properties recently sold in the area. 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 is bikeable with a bike score of 50 and car-dependent with a walk score of 40.

Key Highlights

• Fully leased to stable medical and community‑service tenants, providing immediate income.
• In‑place return of approximately 7.1% at the asking price.
• Opportunity to increase rents in the near future as two tenants are currently month‑to‑month.

Property Analytics

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FAQs

What type of property is this?

Shopping center - Fully leased center with stable tenants and future rent growth.

Where is this shopping center located?

The property is located at 3405 NW Federal Hwy 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 to stable medical and community‑service tenants, providing immediate income.; In‑place return of approximately 7.1% at the asking price.; Opportunity to increase rents in the near future as two tenants are currently month‑to‑month.