3359 SW 42nd Avenue, Palm City, FL 34990 — MLS photo

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3359 SW 42nd Avenue, Palm City, FL 34990

Active · Industrial

$975,000

3359 SW 42nd Avenue, Palm City, FL 34990

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1985
Lot size
5,837 sq ft
HOA fee
$714
Annual tax
—

About this property

Industrial warehouse space available in Palm City, currently used as a rigging facility for rigid inflatable boats. This standalone steel warehouse/office building offers a functional layout ideal for marine, automotive, light industrial, storage, service, or trades-based operations. Located within a well-maintained, low-traffic warehouse complex, the property provides convenient access to I-95 and Florida's Turnpike. Turnkey-ready for your business with flexible space to support operations, equipment, inventory, and office needs. A rare opportunity in a highly sought-after industrial location. All information provided by R&R Ashore, LLC, including pricing, measurements, square footage, lot size, property details, photos, and remarks, is obtained from sources believed reliable but is not guaranteed. Information is subject to errors, omissions, changes, prior sale, lease, withdrawal, or availability without notice. Buyers, tenants, and cooperating brokers should independently verify all information and perform their own due diligence before entering into any contract or lease.

Property location

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3359 SW 42nd Avenue, Palm City, FL 34990

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Industrial
Year built
1985
Lot size
5,837 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$714
County
Martin
MLS listing ID
B26024363
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

-$2,622

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.5%
Gross yield
6.6%
Mortgage payment
$4,622/mo
Down payment
$243,750
Loan amount
$731,250
Annual NOI
$24,002

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