Price Reduced 25.00%
Price History
$4,000,000
12/5/2025
$3,000,000
3/31/2026
3405 NW Federal Highway, Jensen Beach, FL, 34957
1981
Recent sales of similar centers in Jensen Beach and Port St. Lucie are running about $230–$265 per square foot, with buyer returns in the mid-5% to low-7% range. This property is fully leased to stable medical and community-service tenants, so its value falls comfortably in that band even though current rents are still a bit below market. Two tenants had leases come due in 2025 and are now month-to-month, giving a new owner a clear chance to raise rents closer to market over the next few years. At the asking price of about per square foot, the property delivers an in-place return of roughly 7.1%, which offers both solid current income and room for future rent growth. It is also priced below what it would cost to build something similar today and is competitive with other retail-medical properties that have sold recently in the area.
Status:
Active
Type:
Commercial
Units:
0
Complex:
PINE VIEW
Heating:
Central, Electric, Individual
Cooling:
Central Air, Electric
Levels:
1
Parking:
82-car
Acreage:
2.94
Est. Taxes:
$46,165
Assessment
$2,925,340
Construction
Block,Concrete,Stucco
Utilities
Cable Available,Electricity Available,Sewer Available,Trash Collection,Water Available
MLS #:
M20053506
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Copyright ©2026 Realtor® Association of Martin County, Inc. MLS. All rights reserved
Listing courtesy of RE/MAX of Stuart 772-323-7037