$235,000
●
Land -
Off Market
286 SE Cardinal Trail
Stuart, FL 34997
Studio
0 Bath
$257,441
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Beautiful lot in South Fork River Colony Community on the Saint
Lucie Waterway, across the canal from a Florida State Preserve.
Build Your home in this secluded paradise. There is boat dock,
septic tank and drain field already in place. Plans that can be
used or change are already drawn up, ready for Building dept from
reputable, local builder. The cost of HOA fee takes care of a
neighborhood lot where boats, Trailers, and commercial vehicles are
stored and management of SFRC. Ride on a boat or Drive by and check
it out.
Unit Size
-
Days on Market
106 days
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$112
HOA Dues
$30
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 (MCRTC #M20032058)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | Listed by LPT Realty, LLC | $249,000 | |
| Listed by LPT Realty, LLC | |||
| | |||
|
Secluded waterfront lot located in the sought after South River Colony community. This lot is cleared and ready to build on! Septic tank in place from previous owner and a 40ft dock! South River Colony is a small HOA community situated on private canals and on a dead-end street. Very peaceful! The canals will take you into the Saint Lucie River = OCEAN ACCESS! Please note that boating accessibility is ideal for smaller boats due to bridge clearance (roughly 6-8ft tall) Low HOA fee includes a large fenced lot that members can use to store boats, RVs, and trailers. Minutes away from the public boat ramp at Hosford Park and the Halpatiokee Park for outdoor recreation activities. Not to mention being a couple miles from historic downtown Stuart and the beaches!
| |||
| Mar 18, 2023 | No longer available | - | |
| No longer available | |||
| Sep 16, 2022 | Listed by Berkshire Hathaway HomeServices Florida Realty | $275,000 | |
| Listed by Berkshire Hathaway HomeServices Florida Realty | |||
| | |||
|
Vacant waterfront lot in South River Colony! Enjoy the laid-back lifestyle this Martin County deed restricted community has to offer. Fisherman will experience an abundance of fishing down the waterway to South Fork of the St.Lucie River. Snook, tarpon,, catfish anyone? Right off your dock which is in place and ready for you to drop a line. Look for the occasional manatee along the river. There is a septic system on site. Located in South Stuart, minutes to I-95 and fantastic parks and recreation. The Halpatiokee Regional park is minutes from the property where you have an abundance of regional sports, tennis, baseball, football and ample pickleball courts, hiking and bike paths to meander.
| |||
| Mar 18, 2022 | Sold | ||
| Sold | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Martin
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Listed by: Donna Fogel, The Keyes Company - Jensen Beach
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20032058
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20032058
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.
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