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Pinnacle Real Estate Group – FL

2507 N Ocean Drive, Hutchinson Island, FL 34949 (MLS# R11016392)

2507 N Ocean Drive, Hutchinson Island, FL 34949

$1,690,000
Property Type: Residential Income Square Footage: 5,958 Status: Active
Current Price: $1,690,000 List Date: 8/29/2024 Last Modified: 9/21/2026

Overview

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

Listing Details MLS# R11016392

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
5958
Building Area Source
Owner
Living Area Main
4396
Year Built
1976
Gated Community YN
No
Lot Size Area
13939
Lot Size Acres
0.32
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
2
Pool Private YN
No

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

Contract Information

Comp Sale YN
No
Original List Price
2400000
Negotiable Seller Concessions YN
Yes

Location and Legal

Country
United States
County Or Parish
St. Lucie
County Parish Name
St Lucie
Street Number
2507
Street Direction Prefix
N
Street Name
Ocean
Street Suffix
Drive
City Name
Hutchinson Island
State Or Province
FL
Postal Code
34949
Postal Zip
34949
Subdivision Name
FORT PIERCE SHORES
Area
7020
Geographic Area
SL09
Elementary School
Weatherbee
Middle Or Junior School
Dan Mccarty
High School
Fort Pierce Westwood Academy
Special Assessment YN
No
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.
Multiple Offers Accepted
Yes

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

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
172000
Gross Income
264000
Net Operating Income
92000

Storm Protection

Panel Shutters
Complete

Unit 1 Details

Baths Full
2
Furnished
Furnished
SqFt
1100

Unit 2 Details

Baths Full
2
Furnished
Furnished
SqFt
1100

Unit 3 Details

Baths Full
2
Furnished
Furnished
SqFt
1100

Unit 4 Details

Baths Full
2
Furnished
Furnished
SqFt
1100

Price Calculations

Current Price To SqFt
407.18

Originating Details

Originating System Key
20240822202843524585000000
Originating System ID
M00000170
IDX
Listing Office: Compass Florida, LLC (Jupiter)
Last Updated: September - 21 - 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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