Cays Realty
669 NE Plantation Road 308, Hutchinson Island, FL 34996 — MLS photo

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669 NE Plantation Road 308, Hutchinson Island, FL 34996

Active · Condominium

$424,900

669 NE Plantation Road 308, Hutchinson Island, FL 34996

Beds
1
Baths
1
Living area
1,001 sq ft
$ / sq ft
$424/sq ft
Year built
1981
Lot size
—
HOA fee
$1,200 Monthly
Annual tax
$4,838

About this property

25K Price reduction. Furnished turnkey, Oceanfront building, ready for season. No special assessments, with all state required inspections & repairs completed & fully funded. Secure building with keypad entry and callbox for guest. Experience luxury beachside living in Ocean Terrace, an oceanfront building within the sought-after Indian River Plantation on Hutchinson Island. Large 1 bedroom offers over 1,000 sq ft with a bright, open-concept layout, oversized bedroom, walk-in closet, and abundant storage. Enjoy a private balcony with serene views of the golf tennis courses, & lush landscaping. garage parking, and impact windows. Resort-style amenities include a pool, gazebo, and private beach access right downstairs. Available immediately furnished turnkey or​​‌​​​​‌​‌​​​​‌​​‌​​​​‌​​​‌‌​​​​ unfurnished.

Property location

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669 NE Plantation Road 308, Hutchinson Island, FL 34996

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
1,001 sq ft
Flooring
Ceramic Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Wet Bar, Breakfast Bar, Kitchen Island, Living Dining Room, Custom Mirrors, Main Living Area Entry Level, Tub Shower, Bar, Elevator, Pantry
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1981
Stories
4
Lot size
0 sq ft
Architectural style
One Story
Roof
Barrel
Construction
CBSConcrete Block Structure, Block
Exterior features
Barbecue, Outdoor Shower, Patio, Shutters Electric, Storm Security Shutters
Pool
None
Waterfront
Ocean Access
View
Golf Course, Garden, Tennis Court

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Attached, Underground, Garage, Guest, One Space

HOA, Community & Financials

Association fee
$1,200 Monthly
Fee inclusions
Cable Tv, Hot Water, Insurance, Internet, Laundry, Parking, Reserve Fund, Roof, Sewer, Security, Trash, Water
Association
Plantation Managemen
Association contact
772-334-3357
Amenities
Bike Storage, Laundry, Security, Storage, Trash, Elevators
Security
Intercom, Lobby Secured, Phone Entry, Security System, Smoke Detectors
Pets allowed
No
Annual tax
$4,838
Subdivision
OCEAN TERRACE CONDO
County
Martin
Days on market
136
MLS listing ID
B26002618
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,192

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.0%
Gross yield
8.4%
Mortgage payment
$2,014/mo
Down payment
$106,225
Loan amount
$318,675
Annual NOI
$9,864

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