3817 NW Mediterranean Ln
- Well-maintained multifamily asset with cohesive architectural styling
- Efficient unit layouts designed for resident comfort
- Durable interior finishes minimize ongoing renovation needs
- Abundant natural light enhances each living space
- Professional landscaping supports strong curb appeal
- On-site parking accommodates tenants and guests
Property Description
Illustrated Properties Commercial is pleased to present this exceptional opportunity to acquire a fully leased multifamily condominium portfolio consisting of ten individually deeded residential units located throughout the highly desirable Portofino community in Jensen Beach, Florida. The portfolio consists of: * Four 1 Bedroom / 1 Bath residences * Four 2 Bedroom / 2 Bath residences * Two 3 Bedroom / 2 Bath residences Each residence is individually titled and owned, allowing a purchaser the flexibility to retain the portfolio for long-term cash flow or strategically dispose of assets individually over time. All ten residences are currently leased, providing immediate in-place income while maintaining future upside through rental increases as leases expire. The community offers attractive lake, preserve and community views with professionally maintained landscaping and amenities. The diversified unit mix reduces leasing risk while appealing to a broad tenant base.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,530,000 |
| No. of Units: | 10 |
| Average Occupancy: | 6.23 |
| Year Built: | 2001 |
| Lot Size: | 25.70 Acres |
| Opportunity Zone: | No |
| Price per unit: | $253,000 |
| Property Website | Click Here |
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