NOT LISTED FOR SALE

1155 NE Railroad St Jensen Beach, FL 34957

-- Bed
-- Bath
552 Sq Ft
9,527 Sq Ft Lot

Last Sold September 05, 2024

Last sale price $1,450,000 $2,627 Per Sq Ft

101 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Jensen Beach High School Rated A
  • Wall Furnace

About This Home

As of September 2024

Welcome to the up and coming, quaint town of Rio, FL located in one of the tax benefit Opportunity Zones! This is a bulk sale of 17 moblie homes along with the 3.4 acres of land they sit on. No HOA community and most of the mobile homes have their own lot with well water and septic tanks. One vacant parcel is included in the sale as well. Public sewer lines were installed few years ago on the streets, so you have ability to hookup to them. Wonderful long term investment property with list of tenants wanting to move in, zero vacancy! Seller financing could be an option.

Last Agent to Sell the Property

Davidde Giordano

Water Pointe Realty Group License #3239735 Listed on: 03/14/2024

Last Buyer's Agent

Angela Badalamenti, PLLC

Zarden Realty License #3477015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,213

Year Built

  • Built in 1956

Lot Details

  • 9,527 Sq Ft Lot

Home Design

  • Metal Roof

Interior Spaces

  • 552 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 283741001009000908

Community Details

Overview

  • 4 Units
  • Rio St Lucie Terrace Subdivision

Building Details

  • Operating Expense $67,000
  • Net Operating Income $77,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,213

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1956
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Living Area: 552.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Other
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 283741001009000908
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 9527.0
  • Zoning Description: Mobile/M
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 77000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 67000.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1213.0

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2024 09/05/24 Sold $1,450,000 -19.4% $2,627 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
05/20/2024 05/20/24 Price Changed $1,800,000 -10.0% $3,261 / Sq Ft
04/11/2024 04/11/24 Price Changed $2,000,000 -9.1% $3,623 / Sq Ft
03/14/2024 03/14/24 For Sale $2,200,000 -- $3,986 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Davidde Giordano

    Seller's Agent in 2024

    Davidde Giordano

    Water Pointe Realty Group

    (561) 379-4848

    2 in this area

    95 Total Sales

    Davidde Giordano
    Section Image
  • Angela Badalamenti, PLLC

    Buyer's Agent in 2024

    Angela Badalamenti, PLLC

    Zarden Realty

    (561) 202-5041

    2 in this area

    25 Total Sales

    Angela Badalamenti, PLLC
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10968675

BeachesMLS
Florida Martin County Jensen Beach 34957

1155 NE Railroad St, Jensen Beach, FL

This home is located at 1155 NE Railroad St, Jensen Beach, FL 34957 since 14 March 2024. This property was built in 1956. 1155 NE Railroad St is a home located in Martin County with nearby schools including Felix A. Williams Elementary School, Stuart Middle School, and Jensen Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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