12165 SE Nassau Street, Hobe Sound, FL 33455 — MLS photo

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12165 SE Nassau Street, Hobe Sound, FL 33455

Active · SingleFamilyResidence

$1,300,000

12165 SE Nassau Street, Hobe Sound, FL 33455

Beds
3
Baths
2
Living area
1,852 sq ft
$ / sq ft
$702/sq ft
Year built
1920
Lot size
—
HOA fee
—
Annual tax
—

About this property

Discover a rare opportunity in one of Hobe Sound's most sought-after hidden enclaves. Located east of Gomez Avenue and south of Bridge Road in Old Hobe Sound, this private .25 acre property offers a tranquil setting with exceptional flexibility. Enjoy the existing home built in 1920 or utilize the expansive, private lot to design and build your custom residence. Residents enjoy access to a private neighborhood boat ramp just down the street and are within walking distance of the fishing pier at Greenfield Park. Ideally situated just 1.2 miles from Hobe Sound Beach, approximately nine miles south of Jupiter Inlet, and nine miles north of the St. Lucie Inlet, this location provides convenient access to beaches and boating. Built in 1920 using rare Miami-Dade pine, this distinctive three-bedroom, two-bath residence with a detached garage showcases enduring character and exceptional craftsmanship. This Henry Morrison Flagler house was built to accommodate his staff. As noted in historical publications, this home is one-of-a-kind and a must-see!

Property location

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12165 SE Nassau Street, Hobe Sound, FL 33455

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,852 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1920

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Martin
MLS listing ID
R11148207
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

-$2,761

Cap rate
3.1%
Net yield
3.1%
Cash-on-cash return
-9.1%
Gross yield
6.4%
Mortgage payment
$6,163/mo
Down payment
$325,000
Loan amount
$975,000
Annual NOI
$40,817

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.