Seven-unit, single-story multifamily in North River Shores on the Stuart / Jensen Beach line. All units 2 bed / 1 bath. In-place gross income approx. $147,000. Operating expenses approx. $35,000. NOI approx. $112,000. Owner pays water. Community laundry. One assigned space per unit plus guest parking. Short walk to Publix, bike ride to downtown Stuart, about 10 minutes to the beach. Easy single-story layout.Major updates: metal roof (2015); patio screen enclosure (2015); hurricane-impact windows and doors (2015); connected to city sewer with septic and drain field removed (2019); kitchen and bathroom renovations (2019); kitchen appliances updated over time; 6 of 7 A/C units replaced since 2023. Financials available to qualified buyers.
| MLS # | M20056743 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1977 |
| Days On Site | 64 |
| Listing Provided By | Tucker Realty LLC | Ross Tucker |
| SQ Feet | 6,095 |
|---|---|
| Story(s) | 1 |
| Acreage | 0.52 |
| Lot Features | Landscaped, None |
|---|
| Parking Features | Common |
|---|
| Tax Annual Amount | 11510 |
|---|
| Community Features | Laundry Facilities |
|---|
| State | FL |
|---|---|
| County | Martin |
| City | Stuart |
| Zip Code | 34994 |
| Area | 6030 Jensen Beach | Stuart North of Roosevelt Br |
| Subarea | MRTC Martin County |
| Listing VS Median (in 34994) | |
Price: $1,750,000 low | high Med: $172,500 sqft: 6,095 low | high Med: 962 $ / sqft: $287 low | high Med: $179 On site: 64 low | high Med: 248 | |
| State | FL |
|---|---|
| County | Martin |
| City | Stuart |
| Zip Code | 34994 |
| Area | 6030 Jensen Beach | Stuart North of Roosevelt Br |
| Subarea | MRTC Martin County |
| Listing VS Median (in 34994) | |
Price: $1,750,000 low | high Med: $172,500 sqft: 6,095 low | high Med: 962 $ / sqft: $287 low | high Med: $179 On site: 64 low | high Med: 248 | |