$600,000
●
House -
Off Market
1325 SW Balmoral Trace
Stuart, FL 34997
3 Beds
3 Baths
2,198 Ft²
$3,679
Est. Monthly
$327
HOA / Fees
About This Property
Enter this lovely home through a welcoming foyer and look out to
the captivating lakeview that sets the tone for the rest of the
home. The interior is designed with an open-concept layout,
maximizing space and natural light. High ceilings and large windows
create an airy and inviting atmosphere throughout the house. Feel
secure with the new A/C, April 24, and new metal roof August 2022,
and easy close accordion shutters for storm protection. This
property features a 1,000-square-foot screened-in lanai, providing
the perfect spot for relaxing or entertaining while enjoying
Florida weather and your picturesque lake view. A lovely
unbuildable preserve lot is your view from the front of the home.
Whether you are an avid golfer, tennis or pickleball player, this
community offers an active lifestyle.
Unit Size
2,198 Ft²
Days on Market
50 days
Land Size
-
Price per sqft
$280
Property Type
House
Property Taxes
$331
HOA Dues
$327
Year Built
1999
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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 (Beaches MLS #R10997745)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed | $615,000 | |
| Listed | |||
| | |||
|
Enter this lovely home through a welcoming foyer and look out to the captivating lake view that sets the tone for the rest of the home. The interior is designed with an open-concept layout, maximizing space and natural light. High ceilings and large windows create an airy and inviting atmosphere throughout the house. Feel secure with the new A/C, in April 2024, and new metal roof in August 2022, and also easy close accordion shutters for storm protection. This property features a 1,000-square-foot screened-in lanai, providing the perfect spot for relaxing or entertaining while enjoying your picturesque lakefront. Golf, tennis, pickleball, and community pool offer an active lifestyle. Close proximity to downtown Stuart, I-95, Florida Turnpike, pristine beaches, and top-rated schools.
| |||
| Jul 27, 2020 | Sold | ||
| Sold | |||
| Oct 22, 2019 | Listed by Home Sales Palm Beach | $375,000 | |
| Listed by Home Sales Palm Beach | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Martin
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Listed by: John Casey
Home Sales Palm Beach
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# R10997745
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Home Sales Palm Beach
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# R10997745
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