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    4392 Ocean Blvd Jensen Beach, FL 34957

    For Lease
    $21 SF/Yr

    Jensen Beach retail spaces available

    Lot size:
    32,045 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    Island Shoppes, located at 4392 NE Ocean Blvd in Jensen Beach, Florida, offers multiple retail and restaurant spaces within a 32,045 square foot building on 6 acres of land. This single-story, Class C center, built in 1984, features 10 suites, with 8,115 square feet currently vacant. Available spaces range from approximately 1,890 to 6,225 contiguous square feet, with a 12-foot ceiling height. The property boasts ample parking with 157 spaces and is zoned HB-1. The center enjoys a prime location across from Jensen Beach Park on Hutchinson Island, near the Hutchinson Shores Oceanfront Resort, a top-rated Florida resort. The surrounding area has a strong demographic profile, with a 5-mile radius population of 41,147 and a household income of $89,537. A fully built-out 6,225 square foot restaurant space is available, along with a 1,890 square foot retail/office space. The asking rate is $19.00 per square foot, NNN, with CAMs at $6.92 per square foot, NNN. The property's Martin County address and APN number are 4392 NE Ocean Blvd and 13-37-41-000-000-00120-4, respectively. The zip code is 34957. There are no elevators.

    Property Features for 4392 Ocean Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,045 SF
    Class
    C
    Total Rate
    56078.75

    Building Details

    Year Built
    1984
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Island Shoppes - Restaurant
    Size
    6,225 SF
    Space
    Nail Salon
    Size
    945 SF
    Rate per SF
    $21

    HighLights

    • CVS‑anchored shopping center.
    • High‑visibility location directly across from Jensen Beach Park.
    • Proximity to Hutchinson Island Resort and Spa (under 1 mile).
    • Rare commercially zoned property on Hutchinson Island.
    Property Profile Location Intelligence

    Current Use by Public Records

    Breeza Beachwear Beach Clothing Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jensen Beach
    County
    Martin
    State
    Florida
    Longitude
    -80.199349
    Latitude
    27.257621

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    FAQs

    What type of property is this?
    Restaurant - Jensen Beach retail spaces available
    Where is this restaurant located?
    The property is located at 4392 Ocean Blvd Jensen Beach, FL.
    What is the lease rate?
    The lease rate is $0.00-$21 SF/Yr.
    What are key features of this property?
    This property features: CVS-anchored shopping center.; High-visibility location directly across from Jensen Beach Park.; Proximity to Hutchinson Island Resort and Spa (under 1 mile).
    Request Owner's contact information
    4392 Ocean Blvd Jensen Beach, FL 34957
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4392 Ocean Blvd Jensen Beach, FL 34957
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