37 SE Seminole Street
About This Property
use, retail, multi family residential, 30 units to the acre, possible boutique hotel with up to 24 rooms,
over 100ft. water frontage. less than a block to downtown Stuart, dining, shopping,
theater, truly an unbelievable opportunity to build
condos, or mix residential/retail/office/, bed and breakfast, hotel, high end rental/VRBO, so many options.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2021 | Sold | ||
| Sold | |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Feb 28, 2020 | Listed by Beach Front Mann Realty | $1,999,000 | |
| Listed by Beach Front Mann Realty | |||
| Aug 15, 2019 | Listed | $2,395,000 | |
| Listed | |||
| | |||
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Location, Location, Location, mile wide waterfront views, Downtown redevelopment area, CRA - mixed use, retail, multi family residential, 30 units to the acre, just under half acre, over 100ft. water frontage. less than a block to downtown Stuart, dining, shopping, theater, truly an unbelievable opportunity to build condos, or mix residential/retail/office/, bed and breakfast, high end rental/VRBO, so many options. Seller says make us an offer. The manager has listed the unit size as 2413 square feet.
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| Jun 6, 2000 | Sold | ||
| Sold | |||
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About Stuart
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017