2051 SE Riverside Drive
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2025 | Sold | ||
| Sold | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Listed by One Sotheby's Intl. Realty | $5,850,000 | |
| Listed by One Sotheby's Intl. Realty | |||
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Located on coveted Riverside Dr near downtown Stuart, this waterfront estate blends timeless design with modern luxury. With 5 beds, 5.5 baths, and over 6,700 total sq/ft, it offers 115+ feet of wide waterfront views, a seawall, and a renovated dock with dual lifts (24k & 13k lbs). A private in-law suite supports multigenerational living. Resort-style outdoor living features a oversized heated pool/spa, covered patio, outdoor shower, built-in gas grill, and oversized balconies overlooking the St. Lucie River. The setting offers exceptional privacyyou only see neighbors when you want to. Inside: Sub-Zero & Viking appliances, SONOS, Ring, impact windows/doors, epoxy-finished 3-car garage, a 1,000-gal propane tank powering the whole-house generator, and a 500-gal tank fueling the gas appliancesall delivering the ultimate in turnkey coastal living.
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| May 28, 2025 | Listed by ONE Sotheby's International Re | $6,125,000 | |
| Listed by ONE Sotheby's International Re | |||
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Located on coveted Riverside Dr near downtown Stuart, this waterfront estate blends timeless design with modern luxury. With 5 beds, 5.5 baths, and over 6,700 total sq/ft, it offers 100+ feet of wide waterfront views, a seawall, and a renovated dock with dual lifts (24k & 13k lbs). A private in-law suite supports multigenerational living. Resort-style outdoor living features a oversized heated pool/spa, covered patio, outdoor shower, built-in gas grill, and oversized balconies overlooking the St. Lucie River. The setting offers exceptional privacy—you only see neighbors when you want to. Inside: Sub-Zero & Viking appliances, SONOS, Ring, impact windows/doors, epoxy-finished 3-car garage, a 1,000-gal propane tank powering the whole-house generator, and a 500-gal tank fueling the gas appliances—all delivering the ultimate in turnkey coastal living.
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| Sep 11, 2020 | Sold | ||
| Sold | |||
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017