Sq.Ft.7,048
Year1958
Cardinal Realty Group
(305) 910-2902
Status:
Active
Property Type:Quad Plex
MLS #:F10372265
Sq. Feet:7,048
On Site:70 Days
County:Martin
(NEW Pictures) Rare income producing asset. Fully established rooming facility 30+ Units. Shared kitchen & bathrooms. Currently used as housing for mainly Veterans. 100% occupancy. There is a wait list for new tenants. Further asset potential (Call For Details). Easy to maintain. Tenants & Community take care of the facility. Currently completing major upgrades, renovations, and refurbishing. Rare opportunity to take over this newly refurbished respectable asset. Property management is highly experienced. Management Intellectual property will be included in sale. Advertising techniques, management of tenants, and more. All information provided is believed accurate; however, all information provided is not guaranteed. Call or Text Today For More Information (Once in a lifetime opportunity)
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Price Change History
| Date | Old Price | New Price | Percent Change |
| 4/14/2023 | $2,800,000 | $2,700,000 | -3.6% |
| 5/12/2023 | $2,700,000 | $2,500,000 | -7.4% |
Community Information
Address:Address Withheld, Stuart, FL 34994
Geo. Area:Martin County (6110;6140;6060;6080)
County:Martin
City:Stuart
Subdivision:Ruffs Little Dixie 2nd Ad
Zip Code:34994
Architecture
Year Built:1958
Stories:2
Style:Fourplex
Construction Materials: Block
Features / Amenities
Flooring: Concrete, Terrazzo
Parking Total: 17.0
Special Info: Listed As-Is
Cooling: Wall/Window Unit(s)
Heating: Wall Furnace
Property Features
Lot Features: Corner Lot, < 1/4 Acre
Utilities: Cable Available
Sewer: Public Sewer
Water: Public
Zoning:Rooming
Directions:North on A1A then east on SE MLK Jr. Blvd. on the right of SE Tarpon Ave. Use GPS
Tax and Financial Info
Tax Year: 2022
Tax Annual Amount: $5,592
Net Operating Income: $150,000
Terms: Cash
Total Actual Rent: $208,000
Rent Includes: Electricity, Hot Water, Sewer, Trash Collection, Water
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Address Withheld Stuart, FL 34994
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Listing Information Last Updated 5/28/2023
Listing provided courtesy of Nizz Realty Inc..All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2023 BeachesMLS, Inc.
