Medical and Community Service
3405 NW Federal Hwy Jensen Beach, FL 34957
For Sale
$3,000,000
Fully leased center with stable tenants and future rent growth.
Days on Market96
Property Features for 3405 NW Federal Hwy
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1981
Listing Agency:
RE/MAX OF STUART
(772) 323-7037
Listed By:
Rosi Shepard · License #3320083
(772) 323-7037
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 4:36AM
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
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
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Sunglass Hut — 3308 NW Federal Hwy, Jensen Beach, FL 34957
- Treasure Coast Commons — 2901 NW Federal Hwy, Jensen Beach, FL 34957
- Allure Design - Leggings / Sunglasses — 3174 NW Federal Hwy, Stuart, FL 34994
- The Hobby Box, Pokémon and Sports Cards Vending Machine @treasurecoast — 3174 NW Federal Hwy, Jensen Beach, FL 34957
- Treasure Coast Square — 3174 NW Federal Hwy, Jensen Beach, FL 34957
Frequently Asked Questions
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.
