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Property profile & analytics
FOR SALE
Medical Office Space
3405 NW Federal Hwy Jensen Beach, FL 34957
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US18-2156669
For Sale
1 / 23
$3,000,000
3405 NW Federal Hwy, Jensen Beach, FL 34957
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1981
Total area
14,152 SF
Lot
2.94 ac (127,936 SF)
APN
19-37-41-000-000-00050-5
UPID
US18-2156669
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
-
Dr. Jonathan M. Adelberg, MD Physician
-
Catherine Woolwine Physician
-
Stuart Urgent Care Medical Clinic
-
TCMAi Medical Clinic
-
Kyle Slazyk Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.99M
Owner & transaction history
Treasure Coast Medical Holdings LLC · 15 yrs held
Treasure Coast Medical Holdings LLC
since 2011
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$141 / 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
$40,389
Tax year 2023
Assessed value
$2,420,330
Assessed 2023
Previous assessed
$2,223,000
+8.9% YoY
Effective rate
1.67%
On assessed value
Assessed land
$1,279,360
Assessed improvement
$1,140,970
Land market value
$1,279,360
Improvement market value
$1,140,970
Total market value
$2,420,330
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1981
Heating
NONE
Cooling
YES
Stories
1
Rooms
1
Bathrooms
10
Total area
14,152 SF
Lot
2.94 ac (127,936 SF)
APN
19-37-41-000-000-00050-5
UPID
US18-2156669
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
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
10
Lot
2.94 ac
Current owner
From public records · entity-resolved
Treasure Coast Medical Holdings LLC
Entity
Mailing address
2189 DRIFTWOOD CIR, WEST PALM BEACH, FL 33410-2014
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2020
—
Treasure Coast Medical Hldgs L
—
Deed
related
$1,444,364 · Bankunited NA
Jun 27, 2011
$1,325,000
Treasure Coast Medical Holdings LLC
Jensen Beach & Route 1 #4 LLC
Warranty Deed
$940,000 · Midwest Business Capital
Jul 20, 2004
$1,850,000
Jensen Beach Of Route 1 4 LLC
Jensen Beach Commons LLC
Warranty Deed
related
$2,000,000 · Harbor Fsb
Mar 25, 2004
$1,300,000
Jensen Beach Commons LLC
Goelet,michael & Halie M
Grant Deed
—
—
—
Michael Goelet
—
Deed Of Trust
related
$1,300,000 · Gulfstream Business Bank
—
—
Jensen Beach Route 1 4 LLC
—
Deed Of Trust
related
$2,700,000 · Indian River National Bank
—
—
Treasure Coast Medical Hldgs L
—
Loan Modification
related
$1,444,364 · Bankunited NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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