Six-Unit Income Residential
For Sale
Contact for pricing
2172 NE Poinciana Terrace, Jensen Beach, FL 34957
Six rentable units combine a two-story main home with a separate 1-bedroom trailer for diversified rental options.
Property Size2,428 SF
Price / SF$370.63
Days on Market247
Property Features for 2172 NE Poinciana Terrace
General Information
Standard status
Active
Size
2,428 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
6
Building Details
Year Built
1942
Stories
2
Tenancy
Multi
Listing Agency:
Engel & Volkers Stuart
Listed By:
Stacy Little
Source:
Crexi
Added: Dec 2, 2025
Changed: Jul 10
Last Checked: Aug 5 at 12:47PM
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 Engel & Volkers Stuart
Investment Insights
Based on property information with market context.
This offering includes six total rentable units: a two-story main home with five units and a separate 1-bedroom trailer. The main home features multiple living configurations, including two possible 2-bedroom apartments, one efficiency unit on the lower level, and two upstairs studio apartments. The separate trailer provides an additional 1-bedroom rental unit. The property is presented as income-producing residential housing with gross monthly rents reported at $7,350.
The asset is located minutes from Downtown Jensen Beach and sits on a private dead-end street, creating a quieter residential setting. The overall layout supports multiple independent rental spaces within the main structure while keeping the trailer as a separate rental component.
For investors or owner-operators seeking a small, manageable multifamily structure, the mix of efficiencies, studios, and 2-bedroom options may appeal to a range of tenant profiles. The separate trailer adds an additional income stream outside the main home’s unit mix. With the property positioned for convenient access to Downtown Jensen Beach, it may also fit buyers looking for a straightforward rental setup within an established residential area.
The asset is located minutes from Downtown Jensen Beach and sits on a private dead-end street, creating a quieter residential setting. The overall layout supports multiple independent rental spaces within the main structure while keeping the trailer as a separate rental component.
For investors or owner-operators seeking a small, manageable multifamily structure, the mix of efficiencies, studios, and 2-bedroom options may appeal to a range of tenant profiles. The separate trailer adds an additional income stream outside the main home’s unit mix. With the property positioned for convenient access to Downtown Jensen Beach, it may also fit buyers looking for a straightforward rental setup within an established residential area.
Key Highlights
- Income‑producing property built in 1942 with 6 rentable units across a two‑story main home plus a separate 1‑bedroom trailer
- Gross monthly rents total $7,350 for the 6 rental units
- Main home includes 5 units: two possible 2‑bedroom apartments, one lower‑level efficiency, and two upstairs studio apartments
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.7k | $23.76 |
| − Vacancy | −$3.8k | −$1.57 |
| EGI | $53.9k | $22.19 |
| − OpEx | −$24.2k | −$9.99 |
| NOI | $29.6k | $12.21 |
2,428 SF · lease $23.76/SF/yr · vacancy 6.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$423.4K
$370.4K – $493.9K
NOI $29,635 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$637.9K
$558.1K – $744.2K
NOI $44,650 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
412
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six rentable units combine a two-story main home with a separate 1-bedroom trailer for diversified rental options.
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 built in 1942 with 6 rentable units across a two‑story main home plus a separate 1‑bedroom trailer; Gross monthly rents total $7,350 for the 6 rental units; Main home includes 5 units: two possible 2‑bedroom apartments, one lower‑level efficiency, and two upstairs studio apartments
