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Martin 34997
2807 SW Olds Place
$231,750
● Mobile Manufactured - Off Market

2807 SW Olds Place

Stuart, FL 34997
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,224 Ft²
$1,419
Est. Monthly
$165
HOA / Fees
12.17%
Cap Rate

About This Property

THIS HOME HAS IT ALL INCLUDING A ONE-CAR GARAGE WITH OVERSIZED WORKSHOP/HOBBY ROOM OFF GARAGE.  SO MANY UPGRADES IN KITCHEN AND MAIN BATHROOM, INCLUDING NEW COUNTERTOPS, CABINETS, TOILETS & MORE.  NEW AC AND DUCTWORK 2021, HOT WATER HEATER 2022, HOME HAS TIE-DOWNS AND IS UP TO CODE AT TIME OF INSTALLATION.  NEW ELECTRIC PANEL WITH WHOLE HOUSE SURGE PROTECTOR.  LAMINATE AND VINYL FLOORING THROUGHOUT. FLORIDA ROOM THROUGH FRENCH DOORS AT FRONT OF HOME WITH TILE FLOORING.  EXTENDED DRIVEWAY FOR EXTRA VEHICLES.  SKYLIGHTS ALSO.  HOME IS A MUST SEE INSIDE AND SOLD "AS-IS" WITH RIGHT TO INSPECT.
Unit Size
1,224 Ft²
Days on Market
35 days
Land Size
0.15 acres
Price per sqft
$200
Property Type
Mobile Manufactured
Property Taxes
$50
HOA Dues
$165
Year Built
1992

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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 years ago (MCRTC #M20046836)

Price History

Date / Event Date Event Price
Oct 28, 2024 Sold
Premium
Sold
Sep 23, 2024 Listed by Water Pointe Realty Group $245,000
Listed by Water Pointe Realty Group
Jun 8, 2001 Sold
Premium
Sold
Jan 16, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 17
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 286
  • Parking Space Count: 1
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,621
  • Total Building Area: 1,510
  • Gross Building Area: 1,666
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ST LUCIE FALLS (AKA RIVER FOREST)
  • Land Acres: 0000000152
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: ST. LUCIE FALLS THE E. 40 OF LOT 20 & THE W. 20 OF LOT 21 BLK. 36 (AKA LOT 17 )

Neighborhood

  • School District Name: Martin County School District
  • Census Tract: 001702

Zoning

  • Zoning: RT

Geography

  • Assessors Map Reference: L-12A
  • Parcel: 12-39-40-002-036-00170-5
  • Block: 36
  • Lot: 20
  • Meridian: SEC 12 TWN 39S RNG 40E
  • Latitude: 27.0924
  • Longitude: -80.2921

    Address

  • Full Address: 2807 Sw Olds Pl
  • Address - House Number: 2807
  • Street Direction: SW
  • Address - Street Name: Olds
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Stuart
  • Carrier Code: R004
  • 4-Digit Zip Code: 1342
  • Zip Code: 34997

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $57,956
  • Tax Rate Code Area: 9009 SOUTH

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 259,148
  • High Value: 317,035
  • Low Value: 201,261

    Market Valuation

  • Market Total Value: $143,590
  • Market Land Value: $80,000
  • Market Improvement Value: $63,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,994

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 2001
  • Current Sale Recording Date: Jun 08, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: JMB
  • Previous Sale Recording Date: Jan 16, 1992
  • Previous Sale Contract Date: Jan 16, 1992
  • Previous Sale Amount: $69,700
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Martin

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$286

Below Asking

0.03%

Average Days on Market

77

Average Home Size

2104 ft²

Average Home Age

32.3 years

Currently For Sale

1526 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3091 Sw Otter Lane, Stuart, FL, 34997

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,542 ft²
3091 Sw Otter Lane, Stuart, FL, 34997 Listing by Margaret Slobasky

Rentals Near You

Click here to view more rentals in the neighborhood.
MCRTC

Listed by: Carolyn Busbee, Water Pointe Realty Group
Last Updated: 2 years ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20046836
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.

Frequently Asked Questions

When was property at 2807 Southwest Olds Place built and last sold?
The property at 2807 Southwest Olds Place was built in 1992 and last sold on Jun 8, 2001 for $73,000.
How much is this home worth?
The estimated value of the home located at 2807 Southwest Olds Place is $0.
What are some comparable homes to 2807 Southwest Olds Place?
There are currently no comparable homes to 2807 Southwest Olds Place.
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