$10,000

closing credit¹

2507 N Ocean Dr Hutchinson Island, FL 34949

$2,290,000
4,396 sqft
$521 / sqft
Multi-Family

Property details

About 2507 N Ocean Dr

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

Highlights

Home typeQuadruplex
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size4,396 sqft
Year built1976
MLS #RX-11016392
WaterfrontOcean Access
ViewGarden

Summary

  • MLS Number: RX-11016392
  • Office Name: Compass Florida, LLC (Jupiter)
  • Office Phone: (561) 406-5228
  • Listing Agent: Holly Meyer Lucas
  • Agent Phone: (561) 631-0920

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of aerial view at dusk

$2,290,000

2507 N Ocean Dr

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 24, 2023
Home Sold
$1,730,000
Oct 01, 2018
Home Sold
$775,000
May 13, 2014
Home Sold
$595,000
Jul 15, 2009
Home Sold
$275,000
Feb 20, 2002
Home Sold
$230,000
Aug 09, 2001
Home Sold
$134,100

Tax history

YearAssessmentProperty Tax
2023$1,122,300$19,794
2022$786,200$15,485
2021$791,313$15,485
2020$671,741$12,785
2019$656,639$11,733
2017$563,700$10,797

History based on county public records data.

Nearby schools

5

Frances K. Sweet Elementary School

Public Magnet PK-5

2.8 mi

1400 Avenue Q

4

Chester A. Moore Elementary School

Public District PK-5

4.0 mi

827 N 29th St

2

St. Lucie Elementary School

Public District PK-5

4.6 mi

2020 S 13th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $68,692. Most Hutchinson Island, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

21%
<35k
55%
35k-100k
16%
100k-200k
8%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
3%
Single, with Kids
51%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
1%
12-17 yrs old
6%
18-34 yrs old
36%
35-64 yrs old
54%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dick's Sporting GoodsDick's Sporting Goods
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • ArbysArbys
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • LincolnLincoln
  • BuickBuick
  • GMCGMC

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult StandardsAdult Standards
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

This home is located at 2507 N Ocean Dr in Hutchinson Island, FL and zip code 34949 in the North Hutchinson Island neighborhood. This 4,396 square foot home was built in 1976. Features: 0 bathroom. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $2,290,000.

Hutchinson Island, FL housing market in January 2025 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 17 sold below. The number of homes for sale in Hutchinson Island, FL increased by 14% between December and January 2025. In January 2025 median list price was $459,000 and the average listing age was 122 days.

From Rocket Homes Real Estate and based on county public records data.

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