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2507 N Ocean Drive

Hutchinson Island, FL 34949
  • $2,030,000
  • STATUS: Active
  • ON SITE: 257 Days
  • ID#: RX-11016392
UPDATED: 44 min ago
$2,030,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,396
    SQFT
  • $462
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1976
County:

School Ratings & Info

Description

Attention investors! This fully turnkey vacation rental offers an exceptional opportunity with a NOI of over $92,000 annually!!. Located on North Hutchinson Island, this property isn't just a smart investment--it's a chance to own a slice of paradise with strong financial returns.Currently a high-demand rental on Airbnb, VRBO, and Booking, this home enjoys impressive occupancy rates and a loyal repeat guest base. Situated in a tranquil setting, it's just a 5-minute walk to the breathtaking 10-mile stretch of Hutchinson Island beach.Don't miss out on this proven income-generating property in one of Florida's most desirable coastal destinations! Situated in a prime location on North Hutchinson Island, this property is not just an investment--it's a vacation paradise

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www.kaufman-propertiesfl.com/homes/154323019
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2507 N Ocean Drive Hutchinson Island, FL 34949

  • Price: $2,030,000
  • Status: Active
  • On Site: 257 Days
  • Updated: 44 min ago
  • ID#: RX-11016392
0
Beds
0
Baths
0
½ Baths
0.32
Acres
4,396
SQFT
$462
$/SQFT
1976
Built
Neighborhood:
Fort Pierce Shores
County:
St. Lucie
Area:
Hutchinson Island
Property Description
Attention investors! This fully turnkey vacation rental offers an exceptional opportunity with a NOI of over $92,000 annually!!. Located on North Hutchinson Island, this property isn't just a smart investment--it's a chance to own a slice of paradise with strong financial returns.Currently a high-demand rental on Airbnb, VRBO, and Booking, this home enjoys impressive occupancy rates and a loyal repeat guest base. Situated in a tranquil setting, it's just a 5-minute walk to the breathtaking 10-mile stretch of Hutchinson Island beach.Don't miss out on this proven income-generating property in one of Florida's most desirable coastal destinations! Situated in a prime location on North Hutchinson Island, this property is not just an investment--it's a vacation paradise
Exterior Features

Carport Spaces 0.00 Construction BlockConcrete Exterior Features Auto SprinklerCustom LightingDeckOpen PatioOpen PorchOutdoor ShowerRoom for Pool Lot Description 1/4 to 1/2 AcrePaved Road Private Pool YN No Roof Metal Storm Protection Panel Shutters Complete Unit1 Parking Open ParkingSpace Parking Unit2 Parking Open ParkingSpace Parking Unit3 Parking Open ParkingSpace Parking Unit4 Parking Open ParkingSpace Parking View Garden Waterfront Description Ocean Access Waterfront YN No

Interior Features

Cooling Ceiling FanCentral IndividualElectric Flooring Tile Heating Central Individual Unit1 Bedrooms 2 Unit1 Desc A/C UnitBuilt-in ShelvesDishwasherDisposalDryerElectric MeterKitchenLaundryMicrowavePantryPatioRange - ElectricRefrigeratorSmoke DetectorVolume CeilingWasher Unit1 Full Baths 2 Unit1 Furnished Yes Unit1 Sq Ft 1100 Unit2 Bedrooms 2 Unit2 Desc A/C UnitBuilt-in ShelvesCathed/Vault CeilingDishwasherDisposalDryerElectric MeterKitchenLaundryMicrowavePantryPatioRange - ElectricRefrigeratorSmoke DetectorVolume CeilingsWasher Unit2 Full Baths 2 Unit2 Furnished Yes Unit2 Sq Ft 1100 Unit3 Bedrooms 2 Unit3 Desc A/C UnitBuilt-in ShelvesCathed/Vault CeilingDishwasherDisposalDryerElectric MeterKitchenLaundryMicrowavePantryPatioRange - ElectricRefrigeratorSmoke DetectorVolume CeilingWasher Unit3 Full Baths 2 Unit3 Furnished Yes Unit3 Sq Ft 1100 Unit4 Bedrooms 2 Unit4 Desc A/C UnitBuilt-in ShelvesCathed/Vault CeilingDishwasherDisposalElectric MeterKitchenLaundryMicrowavePantryPatioRange - ElectricRefrigeratorSmoke DetectorVolume CeilingWasher Unit4 Full Baths 2 Unit4 Furnished Yes Unit4 Sq Ft 1100 Window Treatments Blinds

Property Features

Annual Net Operating Income 92000.00 Annual Total Expenses 172000.00 Auction No Available Info Inventory Built Desc Resale Gated Community No Gross Operating Income 264000.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Quad Plex REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Assessment No Special Info Sold As-Is Sq Ft Total 5958.00 Subdivision Amenities Bike - JogBike StorageBocce BallExtra StorageFitness Trail Tax Amount 19794.00 Tax Year 2023 Taxes Homestead Tenant Pays None Terms Considered CashConventional Unit1 Monthly Income 0.00 Unit2 Monthly Income 0.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities Public WaterSeptic Zoning HutchI

Listing provided courtesy of Compass Florida, LLC (Jupiter): . Listing information © 2025 BeachesMLS
 
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Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432