417 SE Coconut Avenue #3
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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.
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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 |
|---|---|---|---|
| Oct 31, 2023 | Sold | ||
| Sold | |||
| May 5, 2023 | Listed by RE/MAX of Stuart | $227,000 | |
| Listed by RE/MAX of Stuart | |||
| |||
|
PRICE REDUCED! $227,000 Cash or Financed!
You will love the vibe and location of this condo in a historic building in the center of Stuart. This cute craftsman-style interior has a versatile layout. It is a 2 bedroom/ 1 bathroom + bonus room (currently a bedroom w/o closet but could be office, den or storage.) Close to the ocean and downtown Stuart. It is 15 minutes walking distance to parks, restaurants and shopping in Stuart and the Audubon forest-park is around the corner. First opened in 1925, this welcoming building across from Hospital Pond has original oak hardwood floors in the front and Dade County Pine floors in the back with 10' ceilings and plaster walls. This unit has large windows that were replaced in 1996, bringing in great natural light! The seller replaced the AC last year.
Friendly COA and PET FRIENDLY BUILDING. Come see it today!
This MIXED USE unit is zoned R3. It can be a residence or used for business as well.
| |||
| Jun 1, 2022 | Sold | ||
| Sold | |||
| Feb 7, 2022 | Listed by Atlantic Shores ERA Powered | $219,900 | |
| Listed by Atlantic Shores ERA Powered | |||
| | |||
|
GREAT OPPORTUNITY TO OWN A HISTORIC PROPERTY CLOSE TO ''DOWNTOWN STUART''! ONE BEDROOM, ONE BATHROOM WITH TUB/SHOWER COMBO, ENCLUDES TWO BONUS ROOMS/OFFICE/DEN/STORAGE. MAY BE A #2 BEDROOM WITH THE ADDITION OF A WARDROBE OR CLOSET. LOCATED ON THE SECOND FLOOR. SO ADORABLE! 12' CEILINGS,PLASTER WALLS, ORIGNIAL WOOD FLOORS, LIVING ROOM, SMALL KITCHEN, SPLIT PLAN . BONUS ROOM WITH STAIRS TO THE BACK YARD. PLENTY OF SHADED OPEN PARKING, LOVELY PARK ACROSS THE STRRET, GREAT VIEWS, LOTS OF LIGHT, BIG WINDOWS! CURRENTLY LEASED TILL 06/01/2022. THIS IS A MIXED USE CONDO ASSOCIATION. THE UNIT MAY BE USED AS A SOFT BUSINESS OR RESIDENCE. MAY BE CASH OR COMMERCIAL LOANS ONLY CHECK WITH YOUR LENDER ON MIXED USE ZONING.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/05/2023
|
2 Bed
|
1 Bath
|
720 ft²
|
$227,000
2 Bed
1 Bath
720 ft²
|
$224,000
-1.32%
10/31/2023
|
Tiffany Harstad
RE/MAX of Stuart
| |
|
02/07/2022
|
1 Bed
|
1 Bath
|
720 ft²
|
$219,900
1 Bed
1 Bath
720 ft²
|
$220,000
+0.05%
06/01/2022
|
Linda E Turney
Atlantic Shores ERA Powered
| |
|
11/01/2020
|
3 Bed
|
3 Bath
|
1584 ft²
|
$299,999
3 Bed
3 Bath
1584 ft²
|
$275,000
-8.33%
03/22/2021
|
Troy Mcdonald
Engel & Volkers Stuart
| |
|
10/14/2014
|
Studio
|
3 Bath
|
1600 ft²
|
$188,888
Studio
3 Bath
1600 ft²
|
$179,000
-5.23%
02/06/2015
|
Sharman L. Nicholson
RE/MAX Ocean Properties
|
Building Info
About Stuart
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017