Ad #6960470
MLS #M20053506
Recent sales of similar centers in Jensen Beach and Port St
3405 NW Federal Hwy, Jensen Beach, FL 34957
$3,000,000
--Beds
--Baths
--Sqft
2.94Acres
About this property
Recent sales of similar centers in Jensen Beach and Port St. Lucie are running about $230-$265 per square foot, with buyer returns in the mid-5% to low-7% range. This property is fully leased to stable medical and community-service tenants, so its value falls comfortably in that band even though current rents are still a bit below market. Two tenants had leases come due in 2025 and are now month-to-month, giving a new owner a clear chance to raise rents closer to market over the next few years. At the asking price of about per square foot, the property delivers an in-place return of roughly 7.1%, which offers both solid current income and room for future rent growth. It is also priced below what it would cost to build something similar today and is competitive with other retail-medical properties that have sold recently in the area.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1981
2.94 Acres
1 Story
Siding: Block, Concrete, Stucco
Metal Roof
Central, Electric (Heating)
$46,165 / yr property tax
Martin County
PINE VIEW Community
Additional Photos
Contact Information
Rosi Shepard
RE/MAX OF STUART
772-323-7037
Location
Listing Agent: Rosi Shepard (License #: 3320083) 772-323-7037
Broker: RE/MAX OF STUART 772-288-1111 Listing Site
Copyright © 2026 Martin County REALTORS® of the Treasure Coast, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: RE/MAX OF STUART 772-288-1111 Listing Site
Copyright © 2026 Martin County REALTORS® of the Treasure Coast, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$3,000,000
--
Beds
--
Baths
--
Sqft
3405 NW Federal Hwy, Jensen Beach, FL 34957
By contacting this agent you agree to these Terms and Conditions.
MLS# M20053506
Recent sales of similar centers in Jensen Beach and Port St
$3,000,000
3405 NW Federal Hwy, Jensen Beach, FL 34957
--
Beds
--
Baths
--
Sqft
2.94
Acres
$3,000,000
3405 NW Federal Hwy, Jensen Beach, FL 34957
-- Beds
-- Baths
-- Sqft
2.94 Acres
Recent sales of similar centers in Jensen Beach and Port St. Lucie are running about $230-$265 per square foot, with buyer returns in the mid-5% to low-7% range. This property is fully leased to stable medical and community-service tenants, so its value falls comfortably in that band even though current rents are still a bit below market. Two tenants had leases come due in 2025 and are now month-to-month, giving a new owner a clear chance to raise rents closer to market over the next few years. At the asking price of about per square foot, the property delivers an in-place return of roughly 7.1%, which offers both solid current income and room for future rent growth. It is also priced below what it would cost to build something similar today and is competitive with other retail-medical properties that have sold recently in the area.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1981
2.94 Acres
1 Story
EXTERIOR
Siding: Block, Concrete, Stucco
Metal Roof
INTERIOR
Central, Electric (Heating)
FINANCIAL & COMMUNITY
$46,165 / yr property tax
Martin County
PINE VIEW Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
6960470
Viewed
224 times
Listing Status
Active
Added
Dec 16, 2025
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Martin County REALTORS® of the Treasure Coast, Inc.
Source Property ID
M20053506
Listing Agent: Rosi Shepard (License #: 3320083) 772-323-7037
Broker: RE/MAX OF STUART 772-288-1111 Listing Site
Copyright © 2026 Martin County REALTORS® of the Treasure Coast, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: RE/MAX OF STUART 772-288-1111 Listing Site
Copyright © 2026 Martin County REALTORS® of the Treasure Coast, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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