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Medical and Community Service Center

3405 NW Federal Hwy, Jensen Beach, FL 34957

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For Sale

$3,000,000

Fully leased center with stable tenants and future rent growth.

Type:Commercial

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.
Priced below current construction costs for similar properties.
Value aligns with recent sales of comparable centers in the area ($230-$265 per square foot).
Competitive pricing compared to other retail‑medical properties recently sold in the area.

We can help!

Listing Contact

Rosi Shepard

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For Sale

$3,000,000

Fully leased center with stable tenants and future rent growth.

Type:Commercial

Added:: Apr 24, 2026
Days on Market:: 51
Last Refresh:: Apr 24 at 4:23 pm

Property Features for 3405 NW Federal Hwy

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1981

We can help!

Listing Contact

Rosi Shepard

Listing agent Rosi Shepard License #3320083

Listing office RE/MAX OF STUART

Listing date Apr 24, 2026

Source Elliman

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 RE/MAX OF STUART

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.
Priced below current construction costs for similar properties.
Value aligns with recent sales of comparable centers in the area ($230-$265 per square foot).
Competitive pricing compared to other retail‑medical properties recently sold in the area.

Overview

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.

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

Suggested Use

Similar Places Nearby

Pineapple Commons — 2435 NW Federal Hwy, Stuart, FL 34994
Sunglass Hut — 3308 NW Federal Hwy, Jensen Beach, FL 34957
Treasure Coast Commons — 2901 NW Federal Hwy, Jensen Beach, FL 34957
Vista Plaza Shopping Center — 2450 NW Federal Hwy, Stuart, FL 34994
Allure Design - Leggings / Sunglasses — 3174 NW Federal Hwy, Stuart, FL 34994

Location Insight

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Local Demand

City: Jensen Beach
County: Martin
State: Florida
Longitude: -80.2719137
Latitude: 27.246722

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For sale
Shopping centers
FL
Jensen Beach
34957
3405 NW Federal Hwy

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.