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Property profile & analytics
FOR LEASE
Community centers
1780 NE Jensen Beach Blvd Jensen Beach, FL 34957
Entity Owned
11-yr Hold
Free & Clear
Property ID
US18-2161355
For Lease
1 / 3
Contact for pricing
1780 NE Jensen Beach Blvd, Jensen Beach, FL 34957
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Property summary
AI-generated overview
Ocean Breeze Plaza, located at 1780 NE Jensen Beach Blvd in Jensen Beach, Florida (zip code 34957), offers exceptional retail space for lease. This Martin County property boasts a total of 96,192 square feet and features two suites currently available. The minimum leasable space is 1,000 square feet, while the maximum contiguous space available is 2,550 square feet. A total of 3,550 square feet is currently vacant and ready for immediate occupancy. The property is classified as multi-tenant retail commercial space, providing flexibility for various business types. Its strategic location in Jensen Beach offers excellent visibility and accessibility for customers. The property's address is easily accessible from NE Jensen Beach Blvd, providing convenient access for both customers and employees. This is an exceptional opportunity for businesses seeking a well-located and versatile retail space in a thriving Florida community. Interested parties should inquire about lease terms and availability. The property is situated at latitude 27.2413379 and longitude -80.2275131.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1983
Total area
96,999 SF
Lot
11.72 ac (510,393 SF)
APN
22-37-41-000-000-00380-0
UPID
US18-2161355
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Publix Super Market at Ocean Breeze Plaza Specialty Food Shop Supermarket
-
Publix Pharmacy at Ocean Breeze Plaza Pharmacy
-
Eric Howard Pharmacy
-
Carol Westfall Pharmacy
-
higi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.00M
Blend (final)
Blend
$11.77M
Owner & transaction history
Ocean Breeze Station LLC · 11 yrs held
Ocean Breeze Station LLC
since 2015
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Jensen Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jensen Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$14,310,000
Current use
WAREHOUSE, STORAGE
$14,050,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$11.77M
Range $10.59M – $12.94M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$121 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$232,579
Tax year 2023
Assessed value
$13,965,510
Assessed 2023
Previous assessed
$13,179,350
+6.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$2,872,930
Assessed improvement
$11,092,580
Land market value
$2,872,930
Improvement market value
$11,092,580
Total market value
$13,965,510
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1983
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Rooms
1
Bathrooms
39
Total area
96,999 SF
Lot
11.72 ac (510,393 SF)
APN
22-37-41-000-000-00380-0
UPID
US18-2161355
Jurisdiction
MARTIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$14.3M
WAREHOUSE, STORAGE
Est. value
$14.1M
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Rooms
1
Bathrooms
39
Lot
11.72 ac
Current owner
From public records · entity-resolved
Ocean Breeze Station LLC
Entity
Free & Clear · 11 yrs held
Mailing address
11501 NORTHLAKE DR, CINCINNATI, OH 45249-1669
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2015
$14,899,000
Ocean Breeze Station LLC
Vs Jensen Beach LLC
Grant Deed
—
Jul 27, 2012
—
Vs Jensen Beach LLC
Odyssey Ix Dp I LLC
Grant Deed
—
Jul 29, 2008
$14,700,000
Odyssey Ix Dp I LLC
Glenmorris LLC
Special Warranty Deed
$16,050,000 · Us Bank NA
Dec 12, 2006
$12,800,000
Glenmorris LLC
Regency Centers
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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