Quadruplex in 2507 N Ocean Drive, Hutchinson Island, FL 34949 for sale with MLS# R11016392

Attention investors! This fully turnkey vacation rental offers an exceptional opportunity with a NOI of over $92,000 annually!!. Located on North Hutchinson Island, this property isn't just a smart investment-it's a chance to own a slice of paradise with strong financial returns. Currently a high-demand rental on Airbnb, VRBO, and Booking, this home enjoys impressive occupancy rates and a loyal repeat guest base. Situated in a tranquil setting, it's just a 5-minute walk to the breathtaking 10-mile stretch of Hutchinson Island beach. Don't miss out on this proven income-generating property in one of Florida's most desirable coastal destinations! Situated in a prime location on North Hutchinson Island, this property is not just an investment-it's a vacation paradise

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2507 N Ocean Drive, Hutchinson Island, FL 34949

Price
Price:
$1,690,000.00
Original List Price:
$2,400,000.00
List Price per Sq Ft (Calculated, Approx.):
$407.18
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
Price Reduced
Last Major Update on:
September 15, 2026 7:21 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bathrooms Total:
8
Measures
Living Area:
4,396 Sqft
Built-Up Area:
5,958 Sqft
Lot Area:
13,939 Sqft
Building Area Source:
Owner
Lot Features:
Room For Pool
Lot Size Acres:
0.32
Property Features
View from the Property:
Garden
Waterfront:
No
Waterfront Features:
Ocean Access
Exterior:
Outdoor Shower, Custom Lighting
Patio and Porch:
Patio, Deck, Porch, Patio - Open, Porch - Open
Windows:
Blinds
Air Conditioning
Air Conditioning System:
Ceiling Fan(s), Electric, Central Individual
Heating
Heating System:
Central Individual
Sprinkler Description:
Auto Sprinkler
Construction
Year Built:
1976
Roof:
Metal
Number of Units Total:
4
Levels:
Two
Construction Materials:
Block, Concrete
Flooring:
Tile
Structure Type:
Fourplex (Quadruplex)
Number of Units in the Community or Building:
4
Stories:
2
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$19,794.00
Tax Year:
2023
Property Tax Details:
Homestead Exemption
Utilities
Sewer:
Septic Tank
Utilities Available:
Water Available
Water Source:
Public
Community
Amenities Provided by the Homeowner's Association (HOA):
Bike Storage, Storage, Trail(s), Jogging Path, Bocce Ball
Subdivision Name:
FORT PIERCE SHORES
Senior Community:
No
Restrictions:
No Restrictions
Terms
Documents Available:
Inventory
Listing Terms Considered by Seller:
Cash, Conventional
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
FORT PIERCE SHORES-UNIT 3- BLK 8 LOT 9
Real Estate Folio Number (Parcel Number):
142560300100002
Zoning:
HutchI
Public Schools Assigned
Elementary School:
Shore Acres Elementary-pn
High School:
Fort Pierce Westwood Academy
Middle Or Junior School:
Dan Mccarty
Listing History
Active on the market since:
August 29, 2024
Listing Agreement executed on:
August 29, 2024
Price change occurred on:
September 15, 2026 7:21 pm
Listing Status Last Changed On:
August 29, 2024 1:30 pm
Photos updated on:
August 6, 2025 9:27 pm
Last Modified:
October 19, 2026 11:32 am
Additional Information
Courtesy of:
Compass Florida, LLC (Jupiter)
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
Ocean
Street Number:
2507
City:
Hutchinson Island
State:
Florida
Zip Code:
34949
County:
St. Lucie
Latitude:
N27° 29' 4.5''
Longitude:
W81° 42' 10.9''
Street Suffix:
Drive
Street Direction Prefix:
N
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $92,188
Median Home Value $427,500
Median Rent $1,484/mo
Median Age 65
Population 7,567
Ver la Propiedad Ver la propiedad 2507 N Ocean Drive, Hutchinson Island, FL 34949
This listing can also be located in the MLS system as RX-11016392
Association of REALTORS®
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