4455 Palmetto Dr Jensen Beach, FL 34957-4010
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.