Interior
- Bathrooms
- 0
- Living area
- 4,396 sq ft
- Flooring
- Tile
- Cooling
- Ceiling Fans, Electric, Central Air
- Heating
- Central
Active · Quadruplex
$1,690,000
2507 N Ocean Drive, Hutchinson Island, FL 34949
- Beds
- —
- Baths
- 0
- Living area
- 4,396 sq ft
- $ / sq ft
- $384/sq ft
- Year built
- 1976
- Lot size
- 13,939 sq ft
- HOA fee
- —
- Annual tax
- $19,794
About this property
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
Property location
Get Directions2507 N Ocean Drive, Hutchinson Island, FL 34949
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Facts & features
Exterior & Structure
- Property type
- Quadruplex
- Year built
- 1976
- Lot size
- 13,939 sq ft
- Architectural style
- Fourplex
- Roof
- Metal
- Construction
- Block
- Exterior features
- Outdoor Shower, Patio, Room For Pool, Storm Security Shutters
- Pool
- None
- Waterfront
- Ocean Access
- View
- Garden
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Amenities
- Bike Storage, Storage, Trails
- Annual tax
- $19,794
- Subdivision
- FORT PIERCE SHORES
- County
- St Lucie
- Days on market
- 781
- MLS listing ID
- R11016392
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
$657
- Cap rate
- 6.2%
- Net yield
- 6.2%
- Cash-on-cash return
- 1.7%
- Gross yield
- 8.9%
- Mortgage payment
- $8,011/mo
- Down payment
- $422,500
- Loan amount
- $1,267,500
- Annual NOI
- $104,024
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.