13
Map
$275,000
●
House -
Off Market
1505 NW 9th Avenue
Stuart, FL 34994
2 Beds
1 Bath
984 Ft²
$1,563
Est. Monthly
9.55%
Cap Rate
About This Property
Come see this CBS 2 bedroom 1 bath Key West home. Wood floors
in main living area and bedrooms, kitchen features center island,
upgraded cabinetry, newer top of the line Stainless Steel
appliances-Newer hardware and sink-New metal roof in 2014-New
drainfield in 2014, New windows in 2002-New pump for well in 2015
and a large fenced backyard area.
Key upgrades include a recent AC replacement in 2021, an upgraded 200 AMP meter, and a convenient switch to city water, also completed in 2021. The layout offers versatility with two generously spaced bedrooms that provide privacy from one another. Additionally, there's a flexible living area that could easily be be transformed into a third bedroom, an office/den, or a formal dining room, catering to your specific needs.
Key upgrades include a recent AC replacement in 2021, an upgraded 200 AMP meter, and a convenient switch to city water, also completed in 2021. The layout offers versatility with two generously spaced bedrooms that provide privacy from one another. Additionally, there's a flexible living area that could easily be be transformed into a third bedroom, an office/den, or a formal dining room, catering to your specific needs.
Unit Size
984 Ft²
Days on Market
64 days
Land Size
0.19 acres
Price per sqft
$279
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
1956
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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: 3 months ago (Beaches MLS #R10960012)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | Listed by RE/MAX of Stuart | $275,000 | |
| Listed by RE/MAX of Stuart | |||
| | |||
|
Come see this CBS 2 bedroom 1 bath Key West home. Wood floors in main living area and bedrooms, kitchen features center island, upgraded cabinetry, newer top of the line Stainless Steel appliances-Newer hardware and sink-New metal roof in 2014-New drainfield in 2014, New windows in 2002-New pump for well in 2015 and a large fenced backyard area.Key upgrades include a recent AC replacement in 2021, an upgraded 200 AMP meter, and a convenient switch to city water, also completed in 2021. The layout offers versatility with two generously spaced bedrooms that provide privacy from one another. Additionally, there's a flexible living area that could easily be
| |||
| May 7, 2021 | Sold | ||
| Sold | |||
| Feb 18, 2016 | Sold | ||
| Sold | |||
| May 14, 2007 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About North River Shores
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Listed by: Melissa Stallings
RE/MAX of Stuart
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10960012
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.
RE/MAX of Stuart
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10960012
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017