Address
3796 NW Adriatic Lane Jensen Beach, FL
Price
$ 2,995,000
Property Attributes
  • MLS#RX-10705423
  • TypeMulti-Family
  • CountyMARTIN
  • CityJensen Beach
  • Area3 - Jensen Beach-Stuart - North of Roosevelt Br
  • NeighborhoodPortofino At Jensen Beach A Condo
  • Zip34957
  • StyleQuad Plex
  • Year Built2001
  • Taxes$ 1933
  • Price$ 2,995,000
  • Bedrooms10
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage1065
Listing Provided Courtesy Of:
Coastal Real Estate Professionals LLC
Data Source:
Beaches MLS
Property Description

16 investment units in Martin County's desirable Portofino neighborhood of Jensen Beach!12 units have 2 Bedrooms and 2 Bathrooms, 4 units have 3 Bedrooms and 2 Bathrooms and 9 come with personal garages!Great way to increase your portfolio with the ability to add value instantly! Current cap rate of 5%, offering huge upside potential as ALL are rented below market value!

Price History
4/5/2021 Listed $2,995,000

General Features

Adult 55+ No Hopa
Application Fee 0.00
Area 3 - Jensen Beach/Stuart - North of Roosevelt Br
Auction No
Construction CBS
Cooling Central
Exterior Features Fruit Tree(s)
Flooring Carpet, Ceramic Tile
Geo Area MA03
Geo Lat 27.250408
Geo Lon -80.27984
HOA Mandatory
HOA/POA/COA (Monthly) 338.58
Heating Central, Electric
Legal Description UNIT 105 BLDG 1 PORTOFINO AT JENSEN BCH CONDO PER DOC IN OR 2037/0567
Possession At Closing, Funding
Property Type B
REO No
Restrict Pet Restrictions
Roof Concrete Tile
Short Sale No
Source Of Expenses Owner
Status Active
Stories 3.0
Subdivision PORTOFINO AT JENSEN BEACH A CONDO
Tax Year 2020
Taxes 1933.83
Tenant Pays Cable, Electric, Sewer, Water
Terms Considered Cash
Type Quad Plex
Utilities Cable, Electric, Public Sewer, Public Water
Waterfront None
Waterfront No
Year Built 2001
Zoning Residential

Interior Features

SqFt - Living 1065.00
Unit 1 Desc Dryer, Microwave, Range - Electric, Refrigerator, W/D Hookup, Washer
Unit 2 Desc A/C Unit, Dryer, Microwave, Range - Electric, Refrigerator, W/D Hookup, Washer
Unit 3 Desc A/C Unit, Dishwasher, Microwave, Refrigerator, W/D Hookup, Washer
Unit 4 Desc A/C Unit, Dishwasher, Microwave, Range - Electric, Refrigerator, W/D Hookup, Washer

Exterior Features

Carport Spaces 0.00
Lot Description East of US-1
Private Pool Y/N No
Subdiv Amenities Bike - Jog, Clubhouse, Community Room, Fitness Center, Pool
Unit 1 Parking Garage - Detached, None
Unit 2 Parking Garage - Detached
Unit 3 Parking Garage - Detached
Unit 4 Parking Garage - Detached

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 34957

Price
AVG $1.68M
$3M
Taxes
AVG $3,320
$1,933
Visits
AVG 53
58
Year Built
AVG 1987
2001

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