Interior
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 2,369 sq ft
Active · Condominium
$1,275,000
8650 S Ocean Drive 301, Jensen Beach, FL 34957
- Beds
- 3
- Baths
- 3
- Living area
- 2,369 sq ft
- $ / sq ft
- $538/sq ft
- Year built
- 1996
- Lot size
- —
- HOA fee
- $2,192
- Annual tax
- —
About this property
Live in permanent vacation at this ocean front condo! The unit is thoroughly updated and includes custom Italian finishes in the kitchen and bathrooms. Northeastern exposure provides an abundance of natural light throughout the entire day. The 3rd floor location immerses you in the beach lifestyle. Simply open the slider doors and fall asleep to the sound of the waves. Enjoy all of the amenities including 24hr manned security, gym, social room, pool house, steam room, spa and pool. Being part of the Regency also includes membership to the riverfront country club which boasts a fantastic restaurant, 9-hole golf course, tennis and pickleball. This building is one of the few on the Island that has completed every major structural integrity project mandated by the state.
Property location
Get Directions8650 S Ocean Drive 301, Jensen Beach, FL 34957
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1996
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $2,192
- County
- St Lucie
- MLS listing ID
- R11145432
- 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
-$4,006
- Cap rate
- 1.9%
- Net yield
- 1.9%
- Cash-on-cash return
- -13.5%
- Gross yield
- 7.3%
- Mortgage payment
- $6,044/mo
- Down payment
- $318,750
- Loan amount
- $956,250
- Annual NOI
- $24,462
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.