Retail-Office Live-Work
For Sale
$899,000
1313 NE Jensen Beach Blvd, Jensen Beach, FL 34957
Unique live-work building with retail space, two offices, and a built-out kitchen, plus on-site storage shed.
Property Size3,067 SF
Days on Market182
Property Features for 1313 NE Jensen Beach Blvd
General Information
Standard status
Active
Size
3,067 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$8,200
Building Details
Building Size
3,067 SF
Year Built
1954
Stories
1
Units
1
Listed By:
Kristin Yanick
(772) 486-8055
Source:
Elliman
Added: Apr 10
Changed: Sep 29
Last Checked: Oct 7 at 12:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kristin Yanick
Investment Insights
Based on property information with market context.
This unique retail/office live-work property offers a mix of functional space for an owner-user. The building includes two offices, a built-out kitchen, and a retail section currently occupied by a smoke shop on a month-to-month basis. Additional features include a monument sign and a small shed for extra storage.
The property has two-way accessibility and prime frontage, supporting straightforward access for retail traffic. It is positioned in a seaside town and is surrounded by national and well-known tenants, including Family Dollar, Wendy’s, Walgreens, and CVS, along with many other retailers.
The combination of street-facing retail, dedicated office rooms, and in-building living setup makes the property well-suited for users seeking flexibility within a single address. The smoke shop’s month-to-month occupancy provides an option for future reconfiguration depending on the buyer’s plans.
The property has two-way accessibility and prime frontage, supporting straightforward access for retail traffic. It is positioned in a seaside town and is surrounded by national and well-known tenants, including Family Dollar, Wendy’s, Walgreens, and CVS, along with many other retailers.
The combination of street-facing retail, dedicated office rooms, and in-building living setup makes the property well-suited for users seeking flexibility within a single address. The smoke shop’s month-to-month occupancy provides an option for future reconfiguration depending on the buyer’s plans.
Key Highlights
- Unique live‑work building with retail section plus living space
- Includes two offices and a built‑out kitchen
- Retail space is currently occupied by a smoke shop on a month‑to‑month basis
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,401
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,128,020
$1.1M
Cap Rate 7%
$805,729
$805.7K
Cap Rate 9%
$626,678
$626.7K
Market Conditions
NOI Build-Up for 3,067 SF
Gross rent
$82.8K $27.00/SF
− Vacancy
−$2.2K −$0.73/SF
EGI
$80.6K $26.27/SF
− OpEx
−$24.2K −$7.88/SF
NOI
$56.4K $18.39/SF
Area
Martin County, FL
Vacancy
2.70%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,128,020
Cap Rate 7%
$805,729
Cap Rate 9%
$626,678
Alternative Uses
Best Use
Retail
$805.7K
$705.0K – $940.0K
NOI $56,401 @ 7.0% cap · market cap 6.27%
Second Best
Mixed Use
$591.5K
$517.6K – $690.1K
NOI $41,405 @ 7.0% cap · market cap 4.61%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
788
Businesses Nearby
Explore this area
Business Placement
Demographics for 34957, FL
22,955
Population
17,269
Households
1.3
Avg Household Size
59
Median Age
39%
College-Educated
94%
High-School Grad
16.4 sq mi
ZIP Area
1,400
Density / Sq Mi
$65,658
Median Household Income
$41,973
Median Earnings
$1,518
Median Rent
$378,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Unique live-work building with retail space, two offices, and a built-out kitchen, plus on-site storage shed.
Where is this live-work space located?
The property is located at 1313 NE Jensen Beach Blvd Jensen Beach, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Unique live‑work building with retail section plus living space; Includes two offices and a built‑out kitchen; Retail space is currently occupied by a smoke shop on a month‑to‑month basis
