860 NW River Shores Boulevard, Stuart, FL 34994
- $1,899,000
- List Price
- $1,899,000
- Price Change
- ▼ $50,000 1788473397
- MLS#
- M20056743
- Status
- ACTIVE
- County
- Martin
- City
- Stuart
- Subdivision
- North River Shores Sec 05a 06 & Rep
- Acres
- 0.52
Property Description
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. $147,600. Operating expenses approx. $36,000. NOI approx. $113,639.93 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 (2018); patio screen enclosure (2018); hurricane-impact windows and doors (2018); 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.
Additional Information
- Days on Market
- 7
- Year Built
- 1977
- Style
- Traditional
- Stories
- 1
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Heating
- Central, Electric
- Exterior Features
- Landscaping
- Roof
- Metal
- Parking Spaces
- 12
Mortgage Calculator
Listing courtesy of Tucker Realty LLC. Contact: 772-370-3290