$1,690,000
Hutchinson Island, FL 34949
MLS# R11016392
5958 sqft
1 / 61
Property Description
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
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Date: 2024-08-29
Status: Active
Original List Price: 2400000
List Price: $1,690,000
Current Price: $1,690,000
Location and Legal
County Or Parish: St. Lucie
County Parish Name: St Lucie
City Name: Hutchinson Island
Postal Zip: 34949
Geographic Area: SL09
Multiple Offers Accepted: Yes
Special Assessment YN: No
Country: United States
Street Number: 2507
Street Direction Prefix: N
Street Name: Ocean
Street Suffix: Drive
State Or Province: FL
Postal Code: 34949
Subdivision Name: FORT PIERCE SHORES
Area: 7020
Elementary School: Weatherbee
Middle Or Junior School: Dan Mccarty
High School: Fort Pierce Westwood Academy
Parcel Number: 142560300100002
Zoning: HutchI
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.
General Property Information
Number Of Units Total: 4
Living Area Main: 4396
Gated Community YN: No
Lot Size Area: 13939
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 5958
Building Area Source: Owner
Year Built: 1976
Lot Size Acres: 0.32
Office/Member Information
DXORIGMLSID: RML
Association Amenities
Bike Storage: 1
Bocce Ball: 1
Jogging Path: 1
Storage: 1
Trail(s): 1
Exterior Features
Custom Lighting: 1
Outdoor Shower: 1
Flooring
Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Sold As-Is: 1
Documents Available
Inventory: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Structure Type
Quadruplex: 1
Tenant Pays
None: 1
Sewer
Septic Tank: 1
Utilities
Water Available: 1
View
Garden: 1
Heating
Central Individual: 1
Sprinkler Description
Auto Sprinkler: 1
Water Access
Ocean Access: 1
Window Features
Blinds: 1
Construction Materials
Block: 1
Concrete: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Room for Pool: 1
Road Surface Type
Paved: 1
Roof
Metal: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 172000
Gross Income: 264000
Net Operating Income: 92000
Source Of Expenses
Owner Provided: 1
Cooling
Ceiling Fan(s): 1
Central Individual: 1
Electric: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Schedule Online: 1
Restrictions
No Restrictions: 1
Storm Protection
Panel Shutters: Complete
Tax Information
Homestead Exemption: 1
Outdoor Living Spaces
Deck: 1
Patio: 1
Porch: 1
Patio Details
Patio - Open: 1
Porch Details
Porch - Open: 1
Unit 1 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 0
Baths Full: 2
Beds Total: 2
Furnished: Furnished
SqFt: 1100
Unit 1 Interior Features
Built-in Shelves: 1
Cathedral/Vaulted Ceiling(s): 1
Pantry: 1
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 1 Parking Features
Open Parking: 1
Parking Space: 1
Unit 1 Patio/Porch
Patio/Porch: 1
Unit 1 Rooms
Kitchen: 1
Laundry Room: 1
Unit 2 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 0
Baths Full: 2
Beds Total: 2
Furnished: Furnished
SqFt: 1100
Unit 2 Interior Features
Built-in Shelves: 1
Cathedral/Vaulted Ceiling(s): 1
Pantry: 1
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Features
Open Parking: 1
Parking Space: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Unit 2 Rooms
Kitchen: 1
Laundry Room: 1
Unit 3 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 3 Details
Actual Rent: 0
Baths Full: 2
Beds Total: 2
Furnished: Furnished
SqFt: 1100
Unit 3 Interior Features
Built-in Shelves: 1
Cathedral/Vaulted Ceiling(s): 1
Pantry: 1
Unit 3 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 3 Parking Features
Open Parking: 1
Parking Space: 1
Unit 3 Patio/Porch
Patio/Porch: 1
Unit 3 Rooms
Kitchen: 1
Laundry Room: 1
Unit 4 Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 4 Details
Actual Rent: 0
Baths Full: 2
Beds Total: 2
Furnished: Furnished
SqFt: 1100
Unit 4 Interior Features
Built-in Shelves: 1
Cathedral/Vaulted Ceiling(s): 1
Pantry: 1
Unit 4 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 4 Parking Features
Open Parking: 1
Parking Space: 1
Unit 4 Patio/Porch
Patio/Porch: 1
Unit 4 Rooms
Kitchen: 1
Laundry Room: 1
Price Calculations
Current Price To SqFt: 407.18
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Financial Information
Tax Annual Amount: 19794
Tax Year: 2023
Tax Legal Description: FORT PIERCE SHORES-UNIT 3- BLK 8 LOT 9
Status Change Information
Major Change Timestamp: 2026-09-15T19:21:04Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-15T19:21:04Z
Status Change Date: 2024-08-29
Originating Details
Originating System Key: 20240822202843524585000000
Originating System ID: M00000170
Property Features
Association Amenities: Bike Storage; Bocce Ball; Jogging Path; Storage; Trail(s)
Documents Available: Inventory
Exterior Features: Custom Lighting; Outdoor Shower
Flooring: Tile
Property Condition: Resale
Structure Type: Quadruplex
Tenant Pays: None
Source Of Expenses: Owner Provided
Construction Materials: Block; Concrete
Cooling: Ceiling Fan(s); Central Individual; Electric
Heating: Central Individual
Listing Terms: Cash; Conventional
Lot Features: Room for Pool
Restrictions: No Restrictions
Road Surface Type: Paved
Roof: Metal
Sewer: Septic Tank
Special Information: Sold As-Is
Sprinkler Description: Auto Sprinkler
Tax Information: Homestead Exemption
Utilities: Water Available
View: Garden
Water Access: Ocean Access
Water Source: Public
Window Features: Blinds
Showing Requirements: 24 Hour Notice; Appointment Only; Schedule Online
Outdoor Living Spaces: Deck; Patio; Porch
Patio Details: Patio - Open
Porch Details: Porch - Open
Unit 1 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Interior Features: Built-in Shelves; Cathedral/Vaulted Ceiling(s); Pantry
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 1 Parking Features: Open Parking; Parking Space
Unit 1 Rooms: Kitchen; Laundry Room
Unit 2 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Unit 2 Interior Features: Built-in Shelves; Cathedral/Vaulted Ceiling(s); Pantry
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Parking Features: Open Parking; Parking Space
Unit 2 Rooms: Kitchen; Laundry Room
Unit 3 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Unit 3 Interior Features: Built-in Shelves; Cathedral/Vaulted Ceiling(s); Pantry
Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 3 Parking Features: Open Parking; Parking Space
Unit 3 Rooms: Kitchen; Laundry Room
Unit 4 Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Washer
Unit 4 Interior Features: Built-in Shelves; Cathedral/Vaulted Ceiling(s); Pantry
Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 4 Parking Features: Open Parking; Parking Space
Unit 4 Rooms: Kitchen; Laundry Room
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Financials 2023 and 2024 
Listing Office: Compass Florida, LLC (Jupiter)
Last Updated: September - 15 - 2026
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