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2640 NE INDIAN RIVER, Jensen Beach, 34957 (MLS# R2325589)

2640 NE INDIAN RIVER, Jensen Beach, 34957

$400,000
Property Type: Commercial Sale Square Footage: 2,250 Status: Closed
Current Price: $400,000 List Date: 2/28/2003 Last Modified: 5/18/2026

Overview

Description

GREAT MONEY MAKER 4 COTTAGES IN REALLY GOOD SHAPE PROPERTY IS CLEAN.RENTAL RATES ARE 550 EACH UNIT THIS PROPERTY IS ZONED GENERAL COMMERICAL (R3A) SELLER HAS A DETAILED SET OF PLANS FOR BUYERS. THERE ARE SEVERAL USES FOR THIS PROPERTY BUT WILL MAKE MONEY FOR THE TIME BEING. PLEASE CALL LISTING OFFICE FOR MORE DETAILES. ALL INFO TAKEN FROM MARTIN COUNTY TAX RECORDS AND OWNERS (VERFICATION SUGGESTED) SOLD AS-IS

Listing Details MLS# R2325589

General Property Information

Building Area Main
2250
Year Built
1945
Stories
Yes

Property Features

Building Features: Free Standing Ceiling: Drywall Documents Available: Existing Survey Electric: Separate Meters Flooring: Carpet Heating: Electric Location of Property: City Location; Other Possession: Close Of Escrow Property Condition: Resale Tenant Pays: Electricity; Water Construction Materials: Frame Cooling: Wall/Window Unit(s) Listing Terms: Cash; Conventional Roof: Composition; Fiberglass Security Features: None Structure Type: Hotel/Motel Water Source: Public Showing Requirements: Occupied

Contract Information

Comp Sale YN
No
Original List Price
4000000

Location and Legal

Country
United States
County Or Parish
Martin
County Parish Name
Martin
Street Number
2640
Street Direction Prefix
NE
Street Name
INDIAN RIVER
City Name
Jensen Beach
Postal Code
34957
Area
6030 - Jensen Beach/Stuart - North of Roosevelt Br
Geographic Area
MRTC - Martin County
Parcel Number
22374100300000740
Zoning
MULTI
Directions
JENSEN BEACH TO INDIAN RIVER DRIVE SOUTH
Property Description
FOUR RENTAL COTTAGES

Financial Information

Tax Annual Amount
2309
Tax Year
2002
Tax Legal Description
HOLMES UNREC, SEC 22 & FRAC 23, BEG AT INTERSECT N /LN LOT 2 & OLD DIXIE, SLY ALG HWY 106' FOR BEG, W

Status Change Information

Major Change Timestamp
2003-05-22T02:25:53Z
Major Change Type
Contingency
Price Change Timestamp
2003-05-04T02:25:53Z
Status Change Date
2003-07-21
Under Contract Date
2003-05-21
Close Date
2003-07-21
Close Price
400000
Buyer Financing
Conventional

More Information

Building and Property Details

# Of Tenants
4
# Of Toilets
4
% Air Conditioned
100
Door Height
0-8'
Interior Ceiling Height
0

Distance To Information

Miles to Beach
Yes

Meter Information

Number Of Meters Total
4

Price Calculations

Current Price To SqFt
177.77
Original List Price To Close Price
10

Originating Details

Originating System Key
20130215205532017225000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Separate Meters
Yes

Flooring

Carpet
Yes

Property Condition

Resale
Yes

Documents Available

Existing Survey
Yes

Structure Type

Hotel/Motel
Yes

Tenant Pays

Electricity
Yes
Water
Yes

Location of Property

City Location
Yes
Other
Yes

Possession

Close Of Escrow
Yes

Building Features

Free Standing
Yes

Ceiling

Drywall
Yes

Heating

Electric
Yes

Construction Materials

Frame
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Composition
Yes
Fiberglass
Yes

Security Features

None
Yes

Water Source

Public
Yes

Income and Expenses

Gross Income
0
Other Income
0
Service Expense
0
Utilities Expense
0
Vacancy Allowance Rate
0

Description of Unit Type 1

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 2

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Cooling

Wall/Window Unit(s)
Yes

Description of Unit Type 3

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 4

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 5

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 6

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 7

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Showing Requirements

Occupied
Yes
Listing Office: Century 21 All Professional
IDX
Last Updated: May - 18 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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