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$899,000
● Land - Off Market

0 SE MacArthur Boulevard

Stuart, FL
bedrooms
Studio
bathrooms
0 Bath
$1,051,869
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Here's your chance to purchase a fantastic Indian riverfront lot on Hutchinson Island. White sandy beaches and awesome sunsets await you. This amazing location is situated on MacArthur Blvd South on Hutchinson Island near the Marriott Marina and exclusive Sailfish Point and almost directly across the street from the public ocean beach access and.  The contiguous property to the north is owned by the county, therefore, no neighbors on that side. One of the few remaining waterfront lots on this barrier island with spectacular flora and fauna.  Build your own private dock on the clear blue Indian River-Intracoastal Waterway. Lot has city water and sewer service.
Unit Size
-
Days on Market
51 days
Land Size
0.85 acres
Price per sqft
-
Property Type
Land
Property Taxes
$890
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 months ago (MCRTC #M20029307)

Price History

Date / Event Date Event Price
Jun 18, 2021 Sold
Premium
Sold
Apr 28, 2021 Listed by Illustrated Properties LLC / Sewalls Point $899,000
Listed by Illustrated Properties LLC / Sewalls Point

Property Highlights

Exterior Details
Waterfront Features: Navigable Water, Ocean Access, River Access, IntracoastalAccess
Lot Size Area: 0.85
Lot Size Units: Acres
Lot Size Acres: 0.85
Lot Size Square Feet: 37026
Water Source: Public
Financial Details
Tax Annual Amount: $10,685
Utilities Details
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

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MCRTC

Listed by: Stephen Dutcher, Illustrated Properties LLC / Sewalls Point
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20029307
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2026 Realtor® Association of Martin County, Inc. MLS. All rights reserved.
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