Two-Story Mixed-Use Corner
For Sale
Contact for pricing
1893 NE Jensen Beach Blvd, Jensen Beach, FL 34957
Two-story mixed-use building on a downtown corner with 9,140 SF total area.
Property Size9,140 SF
Price / SF$426.70
Days on Market285
Property Features for 1893 NE Jensen Beach Blvd
General Information
Standard status
Active
Size
9,140 SF
Property subtype
RETAIL
Building Details
Stories
2
Listing Agency:
Jeremiah Baron & Co.
(772) 286-5744
Listed By:
Mathew Crady · License #3319900
(772) 260-1655
Source:
Moodyscre
Added: Jan 14
Changed: Oct 26
Last Checked: Oct 24 at 3:20PM
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 Jeremiah Baron & Co.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
For sale, 1893 NE Jensen Beach Blvd is a two-story mixed-use commercial building totaling 9,140 SF. The property is positioned at the corner of NE Jensen Beach Blvd and NE Pineapple Avenue in downtown Jensen Beach, offering a prominent street-facing presence for retail and mixed-use uses.
The building’s configuration supports a mixed-use setup across two levels, providing flexibility for prospective ownership and tenant occupancy. This is an opportunity to acquire a larger corner asset in a concentrated downtown setting.
The building’s configuration supports a mixed-use setup across two levels, providing flexibility for prospective ownership and tenant occupancy. This is an opportunity to acquire a larger corner asset in a concentrated downtown setting.
Key Highlights
- Two‑story mixed‑use building totaling 9,140 SF
- Located on a high‑visibility downtown corner at NE Jensen Beach Blvd and NE Pineapple Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$168,082
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,361,640
$3.4M
Cap Rate 7%
$2,401,171
$2.4M
Cap Rate 9%
$1,867,578
$1.9M
Market Conditions
NOI Build-Up for 9,140 SF
Gross rent
$246.8K $27.00/SF
− Vacancy
−$6.7K −$0.73/SF
EGI
$240.1K $26.27/SF
− OpEx
−$72.0K −$7.88/SF
NOI
$168.1K $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%
$3,361,640
Cap Rate 7%
$2,401,171
Cap Rate 9%
$1,867,578
Alternative Uses
Best Use
Retail
$2.40M
$2.10M – $2.80M
NOI $168,082 @ 7.0% cap · market cap 4.31%
Second Best
Mixed Use
$1.76M
$1.54M – $2.06M
NOI $123,390 @ 7.0% cap · market cap 3.16%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
62k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 51%
Dining 38%
Shops & Services 8%
Home Improvements & Furnishings 2%
Publix
Groceries
31,717 visits/mo
0.3 miles
Wendy's
Dining
11,359 visits/mo
0.5 miles
Dunkin' Donuts
Dining
7,878 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,171 visits/mo
0.5 miles
Cinco De Mayo
Dining
3,136 visits/mo
0.2 miles
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story mixed-use building on a downtown corner with 9,140 SF total area.
Where is this mixed-use property located?
The property is located at 1893 NE Jensen Beach Blvd Jensen Beach, FL.
What is the asking price?
The asking price for this property is $3,899,999.
What are key features of this property?
This property features: Two‑story mixed‑use building totaling 9,140 SF; Located on a high‑visibility downtown corner at NE Jensen Beach Blvd and NE Pineapple Avenue
