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Six-Cottage Multifamily Property
For Sale
Contact for pricing
Pending

4455 NE Palmetto Drive, Jensen Beach, FL 34957

Separate cottage residences create a varied multifamily configuration with individual layouts and select outdoor and garage features.

Property SizeContact for details
Lot Size1.30 Acres
Days on Market142

Property Features for 4455 NE Palmetto Drive

General Information

Standard status Pending
Lot size 1.30 Acres
Property subtype Special Purpose

Property Condition

Severity Repairs Needed
Evidence fixer upper

Units

Unit Mix 4 x 1BR/1BA, 1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 6

Additional Details

Road Access Yes

Building Details

Buildings 6
Listing Agency: RE/MAX Community
Listed By: Patrick Stracuzzi
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:21AM

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 Community

Investment Insights

Based on property information with market context.

This multifamily property comprises six separate Florida cottages on approximately 1.3 acres. The residences include four one-bedroom, one-bath cottages, including one with a den and another with a two-car garage; a two-bedroom, one-bath cottage with a screened porch; and a three-bedroom, two-bath cottage with a den. Building #3 is identified as a fixer-upper, and the cottages are offered as-is.

The property is located at 4455 NE Palmetto Drive in Jensen Beach, just south of Skyline Dr and west of Indian River Dr. Its configuration combines multiple detached residences with varied bedroom counts and individual property features, including a garage, screened porch, and dens.

Key Highlights

  • Six separate cottages on approximately 1.3 acres
  • Unit mix includes four 1BR/1BA, one 2BR/1BA, and one 3BR/2BA cottage
  • One 1BR/1BA cottage includes a 2 car garage

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Plumbing Service Bakery Pharmacy Garden Center Dental Office Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

141
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Separate cottage residences create a varied multifamily configuration with individual layouts and select outdoor and garage features.
Where is this multifamily property located?
The property is located at 4455 NE Palmetto Drive Jensen Beach, FL.
What are key features of this property?
This property features: Six separate cottages on approximately 1.3 acres; Unit mix includes four 1BR/1BA, one 2BR/1BA, and one 3BR/2BA cottage; One 1BR/1BA cottage includes a 2 car garage
More about this property
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