Welcome to the up and coming, quaint town of Rio, FL located in one of the tax benefit Opportunity Zones! This is a bulk sale of 17 moblie homes along with the 3.4 acres of land they sit on. No HOA community and most of the mobile homes have their own lot with well water and septic tanks. One vacant parcel is included in the sale as well. Public sewer lines were installed few years ago on the streets, so you have ability to hookup to them. Wonderful long term investment property with list of tenants wanting to move in, zero vacancy! Seller financing could be an option.
Sold for $1,450,000
$1,450,000
1155 NE Railroad Street, Jensen Beach, FL 34957
--beds
4baths
552sqft
Quadruplex, Multi Family, Multi Family
Built in 1956
-- sqft lot
$-- Zestimate®
$2,627/sqft
$2,144 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,144/mo
Zestimate® history
Owner options
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$2,144/mo
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$2,144/mo
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$9,886/mo
Est. payment
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$9,886/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Davidde L. Giordano 561-379-4848,
Water Pointe Realty Group
Bought with:
Angela Badalamenti, PLLC, 3477015
Zarden Realty
Angela Badalamenti, PLLC, 3477015
Zarden Realty
Source: BeachesMLS,MLS#: R10968675
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Linoleum
Interior area
- Total structure area: 552
- Total interior livable area: 552 sqft
Property
Features
- Levels: One
- Stories: 1
- Waterfront features: None
Lot
- Size: 9,527 Square Feet
- Features: < 1/4 Acre
Details
- Parcel number: 283741001009000908
- Zoning: Mobile/Manuf
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Other
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: RIO ST LUCIE TERRACE
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Jensen Beach
Financial & listing details
- Price per square foot: $2,627/sqft
- Tax assessed value: $56,910
- Annual tax amount: $1,213
- Date on market: 3/14/2024
- Cumulative days on market: 102 days
- Listing terms: Cash
- Tenant pays: Electricity, Water
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2024 | Sold | $1,450,000-19.4%$2,627/sqft |
Source:  BeachesMLS #R10968675 Report a problem | ||
| 6/24/2024 | Pending sale | $1,800,000$3,261/sqft |
Source: BeachesMLS #RX-10968675 Report a problem | ||
| 5/20/2024 | Price change | $1,800,000-10%$3,261/sqft |
Source: BeachesMLS #RX-10968675 Report a problem | ||
| 4/11/2024 | Price change | $2,000,000-9.1%$3,623/sqft |
Source: BeachesMLS #RX-10968675 Report a problem | ||
| 3/14/2024 | Listed for sale | $2,200,000+6276.8%$3,986/sqft |
Source: BeachesMLS #RX-10968675 Report a problem | ||
| 3/6/1998 | Sold | $34,500$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,362 +7.2% | $56,910 +16.2% |
| 2024 | $1,271 +4.7% | $48,966 +10% |
| 2023 | $1,213 +8.6% | $44,515 +10% |
| 2022 | $1,117 +8.7% | $40,469 +10% |
| 2021 | $1,027 +8.4% | $36,790 +1.5% |
| 2020 | $947 +0.4% | $36,230 +3% |
| 2019 | $944 | $35,178 +10% |
| 2018 | $944 +8.3% | $31,980 +7.9% |
| 2017 | $871 +28.6% | $29,640 +23.7% |
| 2016 | $678 | $23,960 +3.4% |
| 2015 | $678 | $23,170 -3.2% |
| 2014 | $678 | $23,930 +11.4% |
| 2013 | -- | $21,490 -0.4% |
| 2012 | -- | $21,570 -11.4% |
| 2011 | -- | $24,340 -26% |
| 2010 | -- | $32,870 -4.6% |
| 2009 | -- | $34,440 -27.4% |
| 2008 | -- | $47,450 -2.5% |
| 2007 | $487 +28.8% | $48,660 +28.8% |
| 2006 | $378 | $37,790 +2.3% |
| 2005 | -- | $36,930 |
Find assessor info on the county website
Neighborhood: 34957
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Nearby schools
GreatSchools rating
- 8/10Felix A Williams Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 6/10Stuart Middle SchoolGrades: 6-8Distance: 1.9 mi
- 6/10Jensen Beach High SchoolGrades: 9-12Distance: 2.2 mi
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- Florida
- Martin County
- Jensen Beach
- 34957
- 1155 NE Railroad Street
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