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For Sale

Portofino Multifamily Portfolio

3817 NW Mediterranean Ln,
Jensen Beach, FL 34957

Asset Snapshot

$157,625.52
NOI
2001
Year Built
3
Floor Count
1
Building Count
10 Units
Unit Count
0 SF
Average Unit Size
9,970 SF
Property Size
100%
Occupancy

Offering Summary

Investment Overview

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.


Investment Highlights

  • 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

How it Works

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Listing Syndicated From

Buildout
For Sale
$2,530,000
Asking Price