Jeremiah Baron & Co.

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Multifamily Investment Opportunity

2100 NE Indian River Dr., Jensen Beach, FL, 34957
For Sale

Property Highlights

    • Value-Add Rent Growth Opportunity — a blend of month-to-month and annual leases allows an incoming owner to systematically mark units to market over a short hold period.
    • Recent Capital Improvements Completed by Ownership — full interior and exterior repaint of both buildings, updated kitchens and bathrooms, all-new appliance packages, and new AC systems reduce near-term deferred maintenance risk.
    • Two-Building, 15-Unit Configuration — 8 single-bedroom units plus 7 efficiency units provides a diversified unit mix appealing to a broad tenant base, from single professionals to seasonal residents.
    • Premier Jensen Beach Location — situated on NE Indian River Drive within close proximity to boat docks and marinas, waterfront parks, Hutchinson Island beaches, and the walkable shops and restaurants of historic downtown Jensen Beach.
    • Everyday Convenience — near-immediate access to everyday retailers including Publix, supporting strong, durable tenant demand.
    • Coastal Lifestyle Demand Driver — Martin County's Treasure Coast continues to draw renters priced out of homeownership and seasonal residents seeking water-oriented, low-maintenance living.
    • Scalable, Manageable Asset Size — a 15-unit, two-building footprint is well suited to efficient on-site or third-party management.

Property Details

  • Price: $2,995,000
  • Property Type: Investment, Multi-Family
  • Availability: Available
  • Transaction Type: For Sale
  • Building Size: 6,764 SF
  • Lot Size: 0.75 AC
  • Lease Term: -0.01 years
  • No. Stories: 1-2
  • Tenancy: Multi Tenant
  • Zoning Description: WRC
  • APN/Parcel ID: 26-37-41-000-000-00290-0
  • Units: 15

Property Description

Presenting a 15-unit multifamily investment opportunity composed of two freestanding buildings situated on a single site at 2100 NE Indian River Drive in Jensen Beach, Florida, directly along the Indian River Lagoon with waterfront views from the site.

Building A contains 8 single-bedroom units, while Building B contains 7 efficiency units, together totaling 15 rentable residential units. The mixed unit typology allows the Property to serve a broad range of renter profiles, from individual tenants seeking a compact, low-maintenance efficiency to those preferring a full single-bedroom layout.

Ownership has recently completed a comprehensive renovation program across both buildings, which include: new interior and exterior paint, new appliances, updated kitchen and bathrooms, plus new HVAC systems.

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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