Rare opportunity to own a recently updated multifamily property with excellent income potential. This property features three separate two bedroom, one bath units, each with a private patio, individual washer and dryer, and separately metered electric, making management easy and convenient. Just minutes from the beach, shopping, restaurants, and entertainment, it has a successful history as a short term Airbnb rental while also offering excellent long term rental potential. Recent updates include solid surface finishes throughout, newer appliances, updated ceiling fans, modern light fixtures, and other improvements that enhance both style and functionality. Perfect for multi-generational living, owner occupancy with rental income, or as a turnkey investment property. Strong rental demand, an outstanding location, and flexible living options make this a unique opportunity. Partial seller financing may be available for qualified buyers.
Multi-familyProperty Type
1979Year Built
0.34 acresLot Size
$348Price/Sq.Ft.
Listed by Patricia Griffith• Realty One Group Engage
HOBE SOUND ''TRIPLEX'', RARE FIND... ZONED MULTI FAMILY, TOTAL OF 6 BEDROOM / 3 BATH, CBS, A TRUE HOBE SOUND HIDDEN GEM...RUN AS A YEARLY RENTAL, OR VRBO. PRIVATE BACKYARD AREA PER UNIT... PLANT A GARDEN, BRING YOUR PET, NO H.O.A., BRING YOUR BOAT, YOUR WORK VEHICLE, PICK UP TRUCK ALLOWED, KAYAKS, PADDLE BOARDS... CLOSE TO HOBE SOUND BEACH AND DOWTOWN HOBE SOUND. OWNER HAS NEVER RAISED THE RENT. LONG TERM RENTERS ARE AWARE OF A PENDING PRICE INCREASE WITH NEW OWNERSHIP. GREAT FOR AN OWNER OCCUPY SITUATION, WASHER, DRYER HOOK UPS PER UNIT. SEPTIC, SEPARATE ELECTRIC. SELLER WILL CONSIDER OWNER FINANCING WITH THE RIGHT TERMS. EASY TO VIEW. WON'T LAST LONG.
Public Records
Dec 30, 1997
Sold
$110,000
$40/sq ft
MCRTC #M54510
Oct 24, 1997
Listed
$119,000
$43/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,254 (+33.1%)
$139,500 + $359,460
$498,960
2024
$6,954 (+9.1%)
$139,500 + $359,460
$498,960
2023
$6,376 (+11.7%)
2022
$5,706 (+6.9%)
2021
$5,338 (+12.8%)
2020
$4,732 (+7.9%)
2019
$4,386 (+13.7%)
2018
$3,857 (+10.4%)
2017
$3,495 (+12.4%)
$72,000 + $93,600
$165,600
2015
$3,109 (+13.3%)
2014
$2,745
Public record
Public record
Permits
Beds
2
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
0.34 Acres
Year renovated
1979
Sq. Ft.
2,775
Year built
1979
Style
Multi-Family (2-4 Unit)
County
Martin County
APN
34-38-42-024-000-00090-4
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Feb 17, 2018 • Final
Residential roofing
Replace the roof covering on a multi-family residential building. No roof trusses will be replaced.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Virtual Tour Information
Interior Features
Flooring: Tile
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, In Unit, Washer Hookup
Multi-Family Financial Information
# of Units Total: 2
Tenant Pays: Electricity
Pets Allowed: Yes, No Restrictions
Number Of Units In Community: 3
Exterior
Building Information
Stories Total: 1
Building Area Total: 3,204
Building Area Source: Public Records
Construction Materials: Block, Concrete, Stucco, CBS
Exterior Features
Fencing: Back Yard, Fenced
Roof: Metal
Foundation Details: Block
Property Information
Property Sub Type: Triplex
Levels: One
Property Condition: Updated/Remodeled
Living Area: 2,775
Lot Information
Lot Size Dimensions: -
Waterfront YN: No
Waterfront Features: None
Financial
Tax Information
Tax Annual Amount: $9,254.17
Tax Assessed Value: 498960
Tax Year: 2025
Parcel Number: 343842024000000904
Utilities
Utility Information
Water Source: Well
Electric: 100 Amp Service
Sewer: Septic Tank
Utilities: Sewer Available, Water Available
Number Of Separate Electric Meters: 3
Heating & Cooling
Has Heating
Heating: Heat Pump
Has Cooling
Cooling: Central Air
Location
School Information
Elementary School: Hobe Sound
Middle Or Junior School: Murray
High School: South Fork
Public facts
Beds: 2
Baths: 3.0
Sq. Ft.: 2,775
Stories: 1.0
Lot Size: 0.34 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1979
Year Renovated: 1979
County: Martin County
APN: 34-38-42-024-000-00090-4
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Hobe Sound Elementary School
Public PreK-5 • Assigned • 0.7mi
3/10
Murray Middle School
Public 6-8 • Assigned • 5.6mi
4/10
South Fork High School
Public 9-12 • Assigned • 7.0mi
5/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 26 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Hobe Sound, FL • 33455
Average low and high temperatures (°F)
72
55
76
58
79
64
81
70
87
74
89
76
89
76
91
77
88
76
83
74
80
66
76
62
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$674,000 – $816,000
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