3350 NE Indian River Drive, Jensen Beach, FL 34957 — MLS photo

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3350 NE Indian River Drive, Jensen Beach, FL 34957

Active · Commercial

$17,000

3350 NE Indian River Drive, Jensen Beach, FL 34957

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1920
Lot size
—
HOA fee
—
Annual tax
—

About this property

Business opportunity. Rent and run a furnished 5 guest bedroom, digital/on-line check-in, ''Inn''. The Lessee will provide maintenance when needed and obtain everything necessary to run an ''Inn''. Lessee pays Monthly rent to the landlord and the Lessee KEEPS the guest rooms income generated by the ''Inn'' minus Taxes, Insurance, Utilities, Cable, Internet and all Business licenses, fees, permits and expenses needed to run an ''Inn''. There are 5 furnished guest bedrooms at this ''Inn'', each with an attached full bath. 3 rooms are 1st floor and 2 are upstairs/no elevator. 1 of the upstairs guest rooms is a 2 roomed suite with a daybed and Trundle bed in one room and a large bed in the other. $4,500 1st month rent + $4,500 last month rent + $8,000 Security Deposit = $17,000 to begin.

Property location

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3350 NE Indian River Drive, Jensen Beach, FL 34957

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Facts & features

Interior

Bathrooms
0
Flooring
Other
Cooling
Wall Window Units
Heating
Wall Furnace

Exterior & Structure

Property type
Commercial
Year built
1920
Construction
Frame, Stucco

Parking

Covered spaces
0
Parking features
Common, Free Parking

HOA, Community & Financials

Security
Fire Sprinkler System
County
Martin
Days on market
280
MLS listing ID
R11154106
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

-$123

Cap rate
-3.0%
Net yield
-3.0%
Cash-on-cash return
-31.0%
Gross yield
6.6%
Mortgage payment
$81/mo
Down payment
$4,250
Loan amount
$12,750
Annual NOI
-$508

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