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For sale
  • Price cut: $50K (6/10)
    $1,740,000

    2507 N Ocean Drive, Hutchinson Island, FL 34949

    8beds
    8baths
    4,396sqft
    : 
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    Quadruplex, Multi Family, Multi Family
    Built in 1976
    -- sqft lot
    $-- Zestimate®
    $396/sqft
    $-- HOA

    What's special

    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
    685 days
    |
    289
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Holly Meyer Lucas 561-406-5228,

    Compass Florida, LLC (Jupiter),

    Kimberly A Thomson 561-309-2820,

    Compass Florida, LLC (Jupiter)

    Source: BeachesMLS,MLS#: R11016392MLS LogoOriginating MLS: BeachesMLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      Heating
      • Central, Individual
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Features
      • Flooring: Tile
      • Windows: Blinds
      Interior area
      • Total structure area: 5,958
      • Total interior livable area: 4,396 sqft

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Patio, Porch
      • Exterior features: Lighting, Outdoor Living Area, Outdoor Shower, Room For Pool
      • Has view: Yes
      • View description: Garden
      • Waterfront features: Ocean Access
      Lot
      • Size: 0.32 Acres
      • Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
      Details
      • Parcel number: 142560300100002
      • Zoning: HutchI
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family, Multi Family
      Materials
      • Block, Concrete
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 1976

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Water Available

      Community & HOA

      Community
      • Subdivision: FORT PIERCE SHORES
      HOA
      • Has HOA: No
      • Amenities included: Bocce Court, Bike Storage, Storage, Trail(s)
      Location
      • Region: Fort Pierce

      Financial & listing details

      • Price per square foot: $396/sqft
      • Annual tax amount: $19,794
      • Date on market: 8/29/2024
      • Cumulative days on market: 908 days
      • Listing terms: Cash,Conventional
      • Tenant pays: None
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,204/mo

        Price history

        DateEventPrice
        6/10/2026Price change$1,740,000-2.8%$396/sqft
        Source: BeachesMLS #R11016392 Report a problem
        12/3/2025Price change$1,790,000-5.3%$407/sqft
        Source: BeachesMLS #RX-11016392 Report a problem
        9/19/2025Price change$1,890,000-3.1%$430/sqft
        Source: BeachesMLS #RX-11016392 Report a problem
        8/15/2025Price change$1,950,000-1.5%$444/sqft
        Source: BeachesMLS #RX-11016392 Report a problem
        6/30/2025Price change$1,980,000-2.5%$450/sqft
        Source: BeachesMLS #RX-11016392 Report a problem
        4/1/2025Price change$2,030,000-1%$462/sqft
        Source: BeachesMLS #RX-11016392 Report a problem
        2/14/2025Price change$2,050,000-10.5%$466/sqft
        Source: BeachesMLS #RX-11016392 Report a problem
        1/14/2025Price change$2,290,000-2.6%$521/sqft
        Source: BeachesMLS #RX-11016392 Report a problem
        11/18/2024Price change$2,350,000-2.1%$535/sqft
        Source: BeachesMLS #RX-11016392 Report a problem
        8/29/2024Listed for sale$2,400,000+14.8%$546/sqft
        Source: BeachesMLS #RX-11016392 Report a problem
        8/1/2024Listing removed--
        Source: Realtor Association of Indian River County #273679 Report a problem
        4/26/2024Price change$2,090,000-5%$475/sqft
        Source: Realtor Association of Indian River County #273679 Report a problem
        12/13/2023Listed for sale$2,200,000+27.2%$500/sqft
        Source: Realtor Association of Indian River County #273679 Report a problem
        2/21/2023Sold$1,730,000-21.4%$394/sqft
        Source: Realtor Association of Indian River County #263492 Report a problem
        12/27/2022Contingent$2,200,000$500/sqft
        Source: Realtor Association of Indian River County #263492 Report a problem
        10/19/2022Listed for sale$2,200,000+183.9%$500/sqft
        Source: Realtor Association of Indian River County #263492 Report a problem
        9/25/2018Sold$775,000+30.3%$176/sqft
        Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20013289 Report a problem
        5/12/2014Sold$595,000-0.7%$135/sqft
        Source: Realtor Association of Indian River County #143400 Report a problem
        4/30/2014Listed for sale$599,000$136/sqft
        Source: Coastal Living Realty of Florida #RX-10007326 Report a problem
        3/23/2014Listing removed$599,000$136/sqft
        Source: DANIEL OCHSE #200588438 Report a problem
        3/1/2014Price change$599,000-4.2%$136/sqft
        Source: DANIEL OCHSE #200588438 Report a problem
        1/17/2014Price change$625,000-3.8%$142/sqft
        Source: DANIEL OCHSE #200588438 Report a problem
        1/23/2013Listed for sale$650,000-7%$148/sqft
        Source: Dale Sorensen Real Estate, Inc. #133686 Report a problem
        12/2/2011Listing removed$699,000$159/sqft
        Source: HOYT C MURPHY, INC. REALTORS #R3196209 Report a problem
        5/12/2011Listed for sale$699,000+154.2%$159/sqft
        Source: HOYT C MURPHY, INC. REALTORS #R3196209 Report a problem
        7/15/2009Sold$275,000+19.6%$63/sqft
        Source: Public Record Report a problem
        2/20/2002Sold$230,000+71.5%$52/sqft
        Source: Public Record Report a problem
        8/9/2001Sold$134,100$31/sqft
        Source: Public Record Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34949

        Getting around

        23 / 100
        Car-Dependent
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Weatherbee
        • Middle: Dan Mccarty
        • High: Fort Pierce Westwood Academy

        Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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