$47,500
↓ $10K (12.5%)
●
Land -
Off Market
4959 SE Primrose Way
Stuart, FL 34997
Studio
0 Bath
$49,984
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Zoned for single family or multi-family usage. Two adjoining lots
being sold individually for $60K each or together for $120K. Each
lot is roughly 42x130. Both lots together are 85x130.
Zoned for an ADU (Accessory Dwelling Unit) behind each single family home no larger than 850 sq ft. A separate structure that can be rented to non-family members. An excellent source of income.
A great opportunity!
Zoned for an ADU (Accessory Dwelling Unit) behind each single family home no larger than 850 sq ft. A separate structure that can be rented to non-family members. An excellent source of income.
A great opportunity!
Unit Size
-
Days on Market
50 days
Land Size
0.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
$31
HOA Dues
-
Year Built
-
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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: 9 months ago (Beaches MLS #R10850159)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2025 | Price Decreased |
$70,000
↓ $10K
(12.5%) | |
| Price Decreased | |||
| Jun 18, 2024 | Listed | $80,000 | |
| Listed | |||
| | |||
|
Great lot with great new price. Get in now Stuart is growing fast. schools are the best. Residential lot in the heart of Stuart, offering the perfect canvas to create your custom dream home. Nestled in a serene and established neighborhood, this lot boasts a fantastic location with easy access to stunning beaches, top-rated schools, shopping, dining, and outdoor activities. Whether you're looking to build your forever home or seeking a smart investment, this property offers endless potential. Don't miss out on this rare opportunity to secure a slice of paradise in one of Florida's most desirable coastal communities!
| |||
| Jun 8, 2023 | Sold | ||
| Sold | |||
| Dec 5, 2022 | Listed by Keller Williams Realty Of The Treasure Coast | $49,900 | |
| Listed by Keller Williams Realty Of The Treasure Coast | |||
| Sep 23, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Sold On
Sold On
HOA + Taxes
About Port Salerno
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Listed by: David Olsen
Keller Williams Realty Of The Treasure Coast
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R10850159
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Keller Williams Realty Of The Treasure Coast
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R10850159
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