2507 N Ocean Drive

Hutchinson Island, FL 34949
Square Ft.
4,396
$1,790,000
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,Read MoreRead Less
Courtesy of Holly Meyer Lucas, Compass Florida, LLC (Jupiter) 561-285-4794
Listing Snapshot
Days Online
565
Last Updated
Property Type
Quad Plex
Square Ft.
4,396
Lot Size
0.32 Acres
Year Built
1976
MLS Number
RX-11016392
30 Days Snapshot Of 34949
$363k
0%
(avg) sold price
9
-10%
homes sold
166
+58%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
4,396 total living square feet, 5,958 total square feet, Built in 1976, 2 stories, 4 units in building, Year built description: Resale, Square footage source: Owner, Unit 1 is 1,100 square feet, Unit 2 is 1,100 square feet, Unit 3 is 1,100 square feet, Unit 4 is 1,100 square feet, Block, Concrete, A/C Unit, Built-in Shelves, Dishwasher, Disposal, Dryer, Electric Meter, Kitchen, Laundry, Microwave, Pantry, Patio, Range - Electric, Refrigerator, Smoke Detector, Volume Ceiling, Washer, A/C Unit, Built-in Shelves, Cathed/Vault Ceiling, Dishwasher, Disposal, Dryer, Electric Meter, Kitchen, Laundry, Microwave, Pantry, Patio, Range - Electric, Refrigerator, Smoke Detector, Volume Ceilings, Washer, A/C Unit, Built-in Shelves, Cathed/Vault Ceiling, Dishwasher, Disposal, Dryer, Electric Meter, Kitchen, Laundry, Microwave, Pantry, Patio, Range - Electric, Refrigerator, Smoke Detector, Volume Ceiling, Washer, A/C Unit, Built-in Shelves, Cathed/Vault Ceiling, Dishwasher, Disposal, Electric Meter, Kitchen, Laundry, Microwave, Pantry, Patio, Range - Electric, Refrigerator, Smoke Detector, Volume Ceiling, Washer
Cooling
Ceiling Fan, Central Individual, Electric
Exterior Features
Auto Sprinkler, Custom Lighting, Deck, Open Patio, Open Porch, Outdoor Shower, Room for Pool
Floors
Tile
Heating
Central Individual
Home Owner's Association
HOA fee per month: $0
Interior Features
Unit 1 furnished?: Yes, Unit 2 furnished?: Yes, Unit 3 furnished?: Yes, Unit 4 furnished?: Yes
Lot
13,939 lot square feet, 1/4 to 1/2 Acre, Paved Road
Miscellaneous
Business type: None, Unit 1 monthly income: $0, Unit 2 monthly income: $0, Unit 3 monthly income: $0, Unit 4 monthly income: $0, Gross operating income: $264,000, Annual total expense: $172,000, Annual net operating income: $92,000, None, Cash, Conventional
Parking
Open Parking, Space Parking, Open Parking, Space Parking, Open Parking, Space Parking, Open Parking, Space Parking
Property
Property type: B, Zoning: HutchI, Waterfront: No, Garden, Ocean Access
Roof
Metal
Taxes
Real estate taxes: $19,794, Tax year: 2023, Homestead
Utilities
0.00 meter, Public Water, Septic
Windows & Doors
Blinds
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