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514 Stuart Avenue Nw
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PRICED AT ONLY: $799,000

Address: 514 Stuart Avenue Nw, Stuart, FL 34994

Description

Attention Investors! Welcome to your next investment opportunity nestled in the highly desirable North River Shores Area of Riverside Park! This property offers the perfect blend of home living and rental income potential with three separate units. The rental units are currently occupied on varying lease terms, providing flexibility for new ownership. Each unit boasts its own unique layout. The 3 bedroom unit is currently utilized as a successful VRBO rental (avg $3,000/month) and comes fully furnished w/ a large fenced in yard. Both 2/1's have annual tenants paying $2400/mo and $2100/mo., the detached yellow unit is fully furnished and has a large fenced in yard, offering a seamless turnkey investment opportunity.

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  • MLS#: RX-11038909 ( Triplex )
  • Street Address: 514 Stuart Avenue Nw
  • Viewed: 9
  • Price: $799,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1981
  • Bldg sqft: 0
  • Days On Market: 36

Description

Attention Investors! Welcome to your next investment opportunity nestled in the highly desirable North River Shores Area of Riverside Park! This property offers the perfect blend of home living and rental income potential with three separate units. The rental units are currently occupied on varying lease terms, providing flexibility for new ownership. Each unit boasts its own unique layout. The 3 bedroom unit is currently utilized as a successful VRBO rental (avg $3,000/month) and comes fully furnished w/ a large fenced in yard. Both 2/1's have annual tenants paying $2400/mo and $2100/mo., the detached yellow unit is fully furnished and has a large fenced in yard, offering a seamless turnkey investment opportunity.
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Features
Building and Construction
  • Absolute Longitude: 80.262012
  • Construction: Block, CBS
  • Exterior Features: Fence
  • Flooring: Ceramic Tile, Laminate
  • Roof: Metal
  • Sqft Source: Appraisal
  • Sqft Total: 2760.00
  • Total Building Sqft: 2760.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: 1/4 to 1/2 Acre, Corner Lot
  • Subdivision Information: Park
School Information
  • Elementary School: Felix A Williams Elementary School
  • High School: Jensen Beach High School
  • Middle School: Stuart Middle School
Eco-Communities
  • Private Pool: No
  • Storm Protection: None
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central, Electric, Wall-Win A/C
  • Heating: Central Individual, Window/Wall
  • Number Of Stories: 1.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Cable, Electric, Public Sewer, Public Water
  • Window Treatments: Blinds, Drapes
Finance and Tax Information
  • Home Owners Association poa coa Monthly: 0.00
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 60000.00
  • Income Expenses Annual Total Expense: 30000.00
  • Income Expenses Gross Operating Inc: 90000.00
  • Source Of Expenses: Limited, Owner
  • Tax Year: 2024
Rental Information
  • Tenant Pays: None
Other Features
  • Avail Info: Deposit Last Month, Deposit Security, Inventory, Leases
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: RIVERSIDE PARK LOTS 36 37 38 & 39 BLK E
  • Parcel Id: 323741004005003608
  • Possession: At Closing, Funding
  • Special Info: Sold As-Is
  • Zoning: Multifamily
Nearby Subdivisions
Downtown Stuart   Riverside Park  
Similar Properties

Details for 514 Stuart Avenue Nw, Stuart, FL 34994
$799,000.00

514 Stuart Avenue Nw Virtual Tour More Like This

Attention Investors! Welcome to your next investment opportunity nestled in the highly desirable North River Shores Area of Riverside Park! This property offers the perfect blend of home living and re

  1. Request Information
  1. MLSID: RX-11000370
  2. Provided by United Realty Group Inc.
  3. Contact Candace Erin Ortiz
  4. (954) 450-2000
  5. Provided through
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Contact Info

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  1. Florida Coastal Living
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  3. kevin@fclrealestate.com
Kevin Mecabe

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