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4030 NE Indian River Drive, Jensen Beach, FL 34957

$2,499,999
Property Type: Comm/Industry Baths: 7 Status: Active
Current Price: $2,499,999 Last Modified: 8/25/2022

Description

A rare opportunity to own a prime piece of Jensen Beach real estate located on the Indian River in the heart of Jensen Beach, Florida. 4030 NE Indian River Drive is 1.45 acres with 200 ft of river frontage. Conveniently located near downtown and less than 2 miles from the beach. This property is Limited Commercial and does not require rezoning. Current zoning allows for Airbnb, apartments, motel/hotel, resort/spa, residential care facility, bed and breakfast inn, RV park, restaurants, storage facility, and much more. The concrete block main building consists of 2,748 SF/ 6 bedrooms/ 6 bathrooms/ kitchen/dining room/living room and office. An additional concrete block structure located in the back of the property consists of 740 SF/ 2 bedrooms/ 1 bathroom and a living room.

Supplements: Some of the amenities include a Pool w/ Jacuzzi, Large Tiki Hut, 240 ft Private Dock, Volleyball Court, Laundry Room, Adequate Parking, and a Complete Security Camera System. The city previously approved an additional structure (17 units) to be built on the property. Only a short drive to the Treasure Coast Mall, Savannas Preserve, Golf Courses, Boat Ramps, Movie Theater, and the Palm Beach International Airport. Dont miss this rare investment opportunity.

More Information MLS# RX-10786478

Contract Information

Status: Active Original List Price: 3500000 Auction: No List Price: $2,499,999 Current Price: $2,499,999 Listing Date: 2022-03-25 Comm/Non-Rep: 0% Comm/Buyer Agent: 2.5% Comm/Trans Brk: 2.5%

General Property Description

Type: Hotel-Motel For Sale: Yes For Lease: No Property Desc: Limited Commercial Year Built: 1968 Built Desc: Resale SqFt Source: Tax Rolls # of Stories: 1 Total Units: 6 Baths - Total: 7 Acres: 1.45 % Air Conditioned: 100 Waterfront: Yes

Location, Tax & Legal

Area: 3 - Jensen Beach/Stuart - North of Roosevelt Br Geo Area: MA03 County: Martin Parcel ID: 153741004006000105 Street #: 4030 Street Dir: NE Street Name: Indian River Street Suffix: Drive State/Province: FL Zip Code: 34957 Multiple Ofrs Acptd: No Zoning: Ltd. Commercial Legal Desc: GAINES ESTATES, TR 6, TR 6 E OF RY (LESS N 7.5 & R/W) Tax Year: 2021 Real Estate Taxes: 14191.1 Geo Lat: 27.253983 Geo Lon: -80.229708

Remarks & Misc

Directions: Head East on Jensen Beach Blvd. Turn Left on NE Causeway Blvd/ Indian River Dr.. Destination is on your Left.

Office/Member Info

DXORIGMLNO: RX-10786478 DXORIGMLSID: RML

Expenses

R.E. Taxes: 14191.1

Unit 1

Unit Desc: 1 Bedroom Full Baths: 1

Unit 2

Unit Desc: 1 Bedroom Full Baths: 1

Unit 3

Unit Desc: 1 Bedroom Full Baths: 1

Unit 4

Unit Desc: 1 Bedroom Full Baths: 1

Unit 5

Unit Desc: 1 Bedroom Full Baths: 1

Unit 6

Unit Desc: 1 Bedroom

Unit 7

Unit Desc: 2 Bedroom Full Baths: 1

Property Features

Use: Hotel/ Motel; Retail; Other Type of Building: Commercial; Hotel / Motel; Resident. Multi-Fam.; Other Construction: Block; CBS; Concrete Location: Other Sale Includes: Building and Land Avail Docs: Aerial; None Avail Info: Deed; Owner managed Miscellaneous 1: Laundry; Sprinkler Water Miscellaneous 2: Office; Pool; Storage; Traffic Medium Flooring: Tile; Other Cooling: Central; Electric; Zoned Heating: Central; Electric; Zoned Fire Protect: Smoke Detector; Sprinkler Special Info: City Jurisdiction; No Survey Tenant Pays: None Utilities: Cable; Electric; Public Sewer; Public Water; Septic Waterfront Details: Intracoastal; Navigable; Ocean Access; River Security: Security Sys-Owned; TV Camera Roof: Metal; Other Terms Considered: Cash; Other Lease: None Possession: At Closing Showing Instructions: Text Listing Agent

Supplements

Some of the amenities include a Pool w/ Jacuzzi, Large Tiki Hut, 240 ft Private Dock, Volleyball Court, Laundry Room, Adequate Parking, and a Complete Security Camera System. The city previously approved an additional structure (17 units) to be built on the property. Only a short drive to the Treasure Coast Mall, Savannas Preserve, Golf Courses, Boat Ramps, Movie Theater, and the Palm Beach International Airport. Dont miss this rare investment opportunity.
Listing Office: EXP Realty LLC
Last Updated: August - 25 - 2022
4030 NE Indian River Drive, Jensen Beach, FL 34957- MLS# RX-10786478
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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