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Residential Income Condo with Courtyard

4113 NW CINNAMON TREE Circle, Jensen Beach, FL 34957

For Sale
New
$215,000

Residential, Jensen Beach, FL

Property Size1,037 SF
Lot Size0.04 Acres
Price / SF$207.33
Days on Market3

Property Features for 4113 NW CINNAMON TREE Circle

General Information

Property type Residential Multi Family
Property subtype Other
Zoning r
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Laundry Room, Bathroom 1, Bathroom 2
Parking 2
Parking features Assigned
Window features Shutters
Patio and Porch features Patio
Pets allowed Yes, Size Limit
Interior features Entrance Foyer, Pantry
Exterior features Courtyard
Appliances Electric Water Heater, Range, Dishwasher, Disposal, Dryer, Microwave, Water Heater
Subdivision CINNAMON TREE
Elementary school Jensen Beach
Middle school Stuart
High school Jensen Beach
Standard status Active
APN 183741005000390109
Size 1,037 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description CINNAMON TREE LOT 3901
Tax Annual Amount 2044
Expense value 150
Expense Application Fee
Expense freq. One Time
HOA Fee $506 Monthly
Legal Description CINNAMON TREE LOT 3901

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Amenities

in-unit laundry
outdoor courtyard
pool

Building Details

Year built 1981
Floors in Building 1
Flooring type Tile - Ceramic, Wood
Building materials Wood Siding
Roof type Shingle, Composition
Architectural style Other
Listing Agency: Real Estate of Florida
Listed By: Steven Fondacaro · License FL #3249231
Added: Nov 9 Changed: Nov 10 Last Checked: Nov 11 at 1:06AM
MLS# B26098287

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This two-bedroom condominium contains 1,037 square feet and was built in 1981. Interior features include wood and ceramic tile flooring, a kitchen pantry, a full laundry room, and a primary bedroom with an en-suite bathroom and double closet. Accordion shutters cover the windows, and the unit has central heating and air conditioning. Outdoor space includes a courtyard and patio; assigned parking is provided.

The property is in Jensen Beach, near US 1, beaches, boating, shopping, public transportation, and hospitals. HOA coverage includes water, sewer, pool, cable, and internet. Pets weighing up to 25 pounds are permitted.

Key Highlights

  • 1,037‑square‑foot condominium with two bedrooms
  • Courtyard and patio provide outdoor space
  • HOA coverage includes water, sewer, pool, cable, and internet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,657
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,140 $253.1K
Cap Rate 7%
$180,814 $180.8K
Cap Rate 9%
$140,633 $140.6K
Market Conditions
NOI Build-Up for 1,037 SF
Gross rent
$24.6K $23.76/SF
− Vacancy
−$1.6K −$1.57/SF
EGI
$23.0K $22.19/SF
− OpEx
−$10.4K −$9.99/SF
NOI
$12.7K $12.21/SF
Area
Martin County, FL
Vacancy
6.60%
Lease Rate
$23.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,140
Cap Rate 7%
$180,814
Cap Rate 9%
$140,633

Alternative Uses

Best Use
Apartment 5plus
$180.8K
$158.2K – $211.0K (±1% cap)
NOI $12,657 @ 7.0% cap · market cap 5.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$297.9K
$260.7K – $347.6K (±1% cap)
NOI $20,856 @ 7.0% cap · market cap 9.70%
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
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Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

300
Businesses Nearby

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

Properties on Market for Residential income properties in Jensen Beach

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - The unit includes an in-home laundry room, assigned parking, and a private patio.
Where is this residential income property located?
The property is located at 4113 NW CINNAMON TREE Circle Jensen Beach, FL.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1,037‑square‑foot condominium with two bedrooms; Courtyard and patio provide outdoor space; HOA coverage includes water, sewer, pool, cable, and internet
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