Bought with Constance Murray • Miami Waterfront Realty
$670,000
$674,700
0.7%For more information regarding the value of a property, please contact us for a free consultation.
119 SW 5TH ST Stuart, FL 34994
3 Beds
3 Baths
1,698 SqFt
Key Details
Sold Price $670,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,698 sqft
Price per Sqft $394
Subdivision Frazier Add
MLS Listing ID M20048948
Sold Date 04/02/25
Bedrooms 3
Full Baths 3
Construction Status Resale
Year Built 1956
Annual Tax Amount $6,484
Tax Year 2024
Lot Size 6,250 Sqft
Acres 0.1435
Property Sub-Type Detached
Property Description
Exceptional Investment Opportunity – High ROI in Prime Downtown Stuart
This cash cow delivers impressive returns with a short-term rental-ready main house generating $67,319.62 annually on Airbnb alone—no other channels utilized. Additionally, a attached studio unit brings in $1,500 per month on a flexible month-to-month lease. There's even more untapped potential: a third unit could be added by converting the existing shed on a slab with electric and plumbing already in place.
Located in the heart of downtown Stuart, this property is just steps from top restaurants, bars, live music venues, and the scenic boardwalk. Even more exciting, it's right around the corner from the future Brightline high-speed rail station, set to connect Miami, Orlando, and Florida's West Coast. A rare gem in an unbeatable location—opportunities like this don't last.
Video: https://youtu.be/PBfLHW4oWJ0
Additional documents: https://drive.google.com/drive/folders/1gIPH30UkcLNJ5BW2yhvCjKLgd2amcrEE
Location
State FL
County Martin
Community Boat Facilities, Non- Gated
Area 8-Stuart N Of Indian St
Interior
Heating Central
Cooling Central Air
Furnishings Unfurnished
Fireplace No
Exterior
Parking Features Boat, Driveway, R V Access/ Parking, Two Spaces
Community Features Boat Facilities, Non- Gated
Utilities Available Electricity Connected
Roof Type Metal
Private Pool No
Building
Story 1
Construction Status Resale
Others
Pets Allowed Yes
HOA Fee Include None
Senior Community No
Tax ID 053841005016000905.0
Ownership Limited Partner
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Pets Allowed Yes
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