2507 N Ocean Dr, Hutchinson Island, FL, 34949

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2507 N Ocean Dr, Hutchinson Island$2,400,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeQuadruplex

Year Built1976

CoolingCeiling Fan(s), Central Air, Electric

WaterfrontOcean Access

ViewGarden

MLS #RX-11016392

StatusActive

About 2507 N Ocean Dr

INVESTORS, welcome to your turnkey investment property with a remarkable Net Operating Income of over $92,000 annually. Situated in a prime location on North Hutchinson Island, this property is not just an investment--it's an opportunity to own a piece of paradise with outstanding financial returns.This property is a high-demand rental on platforms like Airbnb, VRBO, and Booking/com, boasting impressive occupancy rates and a loyal repeat clientele. Nestled in a serene and peaceful area, it's just a short 5-minute stroll to the stunning 10-mile stretch of Hutchinson Island beach!

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Property Details

Property Features

Property Information:

• Year Built: 1976
• Stories: 2
• Living Area: 4,396 SqFt

Listing Office:

• Office Name: Compass Florida, LLC (Jupiter)
• Office Phone: (561) 406-5228
• Listing Agent: Holly Meyer Lucas

Interior Features

Interior Information:

• Flooring Type: Tile

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Ocean Access
• View: Garden
• Exterior: Auto Sprinkler, Custom Lighting, Deck, Open Patio, Open Porch, Outdoor Shower, Room for Pool

Lot Features

Lot Information:

• Lot: Paved

Utilities

Utilities Information:

• Cooling: Ceiling Fan(s), Central Air, Electric

Other

Directions Information:

• Directions: From Fort Pierce US HWY 1: North 4th Street, take right to N Causeway (A1A), continue on A1A/Shorewinds Dr., corner turn on N Ocean Drive.

Price Information

Listing Price Info

Price Summary:

• List Price: $2,400,000
• Price Per SqFt: $546/SqFt

HOA Fees:

• Amount: $0
• Frequency: Monthly

Tax Information:

• Annual Amount: $12,935
• Tax Year: 2020

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Housing Market Comparison

See how this home compares to others in Hutchinson Island, FL.

Hutchinson Island, FL

City

Med. Sold Price

$462.2K

Med. Price/SqFt

$320

Avg. Days On Market

87

# of Sold Homes

11

2507 N Ocean Dr vs Hutchinson Island

77 DAYS ON ROCKET

-10 Days

$2,400,000

+$1.9M More

$546/SqFt

+$225 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $225/SqFt more than other homes in Hutchinson Island, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-11016392

Listing Office:

• Office Name: Compass Florida, LLC (Jupiter)
• Office Phone: (561) 406-5228
• Listing Agent: Holly Meyer Lucas

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Oct 01, 2018	Oct 01, 2018Home Sold	$775,000
May 13, 2014	May 13, 2014Home Sold	$595,000
Jul 15, 2009	Jul 15, 2009Home Sold	$275,000
Feb 20, 2002	Feb 20, 2002Home Sold	$230,000
Aug 09, 2001	Aug 09, 2001Home Sold	$134,100

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$12,935	$671,741
2019	$11,733	$656,639
2017	$10,798	$563,700

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Saint Lucie County›Hutchinson Island›34949›2507 N Ocean Dr

This home is located at 2507 N Ocean Dr in Hutchinson Island, FL and zip code 34949 in the North Hutchinson Island neighborhood. This 4,396 square foot home was built in 1976. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $2,400,000.

Hutchinson Island, FL housing market in October 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 10 sold below. In October 2024 in Hutchinson Island, FL there were 13.8% more homes for sale than in September 2024. While the average time on the market in October 2024 was 87 days, the median list price was $462,250.

From Rocket Homes Real Estate and based on county public records data.