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Property profile & analytics
OFF-MARKET
Apartment buildings

4455 Palmetto Dr Jensen Beach, FL 34957-4010

574 SF 1.3 ac lot Built 1945
Individually Owned 3-yr Hold Free & Clear
Property ID
US18-8142237
Property summary
AI-generated overview

Discover a unique investment opportunity in Jensen Beach, Florida, known as the Sea Turtle capital of the US. This exceptional property encompasses six charming cottages nestled on approximately 1.3 acres of land, conveniently situated south of Skyline Drive and west of Indian River Drive, accessible from Palmetto Drive. The six individual cottages offer a diverse range of layouts and features. Cottage #1 boasts one bedroom, one bathroom, and a den. Cottage #2 includes one bedroom, one bathroom, and a two-car garage. Cottages #3 and #4 each feature one bedroom and one bathroom. Cottage #5 offers two bedrooms, one bathroom, and a screened porch. Finally, Cottage #6 provides three bedrooms, two bathrooms, and a den. It's important to note that Cottage #3 requires some renovation. The sale of the cottages will be conducted as a single transaction. This one-of-a-kind property presents a rare chance to acquire a significant portfolio in a highly desirable location. The total square footage is 3,875, built in 1945. The property is listed at $1,595,888. This is a truly unique investment opportunity in a sought-after area.

Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1945
Construction CONCRETE BLOCKS
Total area 574 SF
Lot 1.3 ac (56,628 SF)
APN 15-37-41-004-002-00040-8
UPID US18-8142237
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Alan L Hulbert · 3 yrs held
Alan L Hulbert
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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