- MLS® #: M20053506
- 3405 Federal Highway
- Jensen Beach, FL 34957
- $3,000,000
- 2.94 Acres
- Commercial Sale
Recent sales of similar centers in Jensen Beach and Port St. Lucie are running about $230–$265 per square foot, with buyer returns in the mid-5% to low-7% range. This property is fully leased to stable medical and community-service tenants, so its value falls comfortably in that band even though current rents are still a bit below market. Two tenants had leases come due in 2025 and are now month-to-month, giving a new owner a clear chance to raise rents closer to market over the next few years. At the asking price of about per square foot, the property delivers an in-place return of roughly 7.1%, which offers both solid current income and room for future rent growth. It is also priced below what it would cost to build something similar today and is competitive with other retail-medical properties that have sold recently in the area.
Essential Information
- MLS® #M20053506
- Price$3,000,000
- CAD Dollar$4,118,607
- UK Pound£2,210,874
- Euro€2,541,795
- Acres2.94
- Year Built1981
- TypeCommercial Sale
- Sub-TypeOffice
- StatusActive
Community Information
- Address3405 Federal Highway
- SubdivisionPINE VIEW
- CityJensen Beach
- CountyMartin
- StateFL
- Zip Code34957
Area
3-Jensen Bch Stuart - N Roosevelt Br
Amenities
- Parking Spaces82
Utilities
Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available
Interior
- HeatingCentral, Electric, Individual
- CoolingCentral Air, Electric
- # of Stories1
Exterior
- RoofMetal
- ConstructionBlock, Concrete, Stucco
- Office: Re/max Of Stuart
Property Location
3405 Federal Highway on www.stuarthomes.us
Offered at the current list price of $3,000,000, this home for sale at 3405 Federal Highway features bedrooms and 0 bathrooms. This real estate listing is located in PINE VIEW of Jensen Beach, FL 34957 . 3405 Federal Highway is listed under the MLS ID of M20053506 and has been on the Jensen Beach real estate market for days.
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Copyright 2026 Realtor® Association of Martin County, Inc. MLS. All rights reserved.
Listing information last updated on April 16th, 2026 at 7:49pm CDT.