$350,000
●
House -
Off Market
5166 SE Horizon Avenue
Stuart, FL 34997
3 Beds
2 Baths
1,135 Ft²
$370,513
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
New Construction in Port Salerno. This home offer 3 bedrooms with 2
bathrooms and 1 car garage. No HOA. Nice open floor plan with
welcoming front porch. Located minutes to schools, waterfront
dining and community parks. This house is under construction and is
scheduled to be completed Dec. 2022. Photos are of house to be
built. Listing agent is related to seller. The 7 day inspection
period will begin when CO is issued and the closing will be 10 days
after the inspection period.
Unit Size
1,135 Ft²
Days on Market
203 days
Land Size
-
Price per sqft
$308
Property Type
House
Property Taxes
$26
HOA Dues
-
Year Built
2022
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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: 7 months ago (Beaches MLS #R10812383)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2023 | No longer available | - | |
| No longer available | |||
| Aug 29, 2023 | Price Increased |
$419,900
↑ $10K
(2.4%) | |
| Price Increased | |||
| Aug 21, 2023 | Listed by Real Estate of Florida | $410,000 | |
| Listed by Real Estate of Florida | |||
| | |||
|
Gorgeous NEW JAN 2023 Energy Efficient Home located on a closed end street. FPL Bill in July 2023 was $89.53 ! This home boasts a metal roof, Hi Efficiency insulation, impact windows all around, aluminum safety rails on Porch, Six Ft Privacy fence, Aluminum Rain gutters, LG Full Size washer & Dryer Inside Home. PLUS: Stone Look tile Backsplash, beautiful white Corian-like countertops, Stainless Kitchen Appliances, Vaulted Ceilings, Wood Plank Tile Floors, Ceiling fans all around, Garage opener & Free-TV Antenna. All Window treatments stay. Seller is a Licensed FLA Realtor. Located 5 min to Walmart & Publix & Waterfront Dining. Just Minutes to I-95 and Beaches. The manager has listed the unit size as 1135 square feet.
| |||
| Aug 6, 2023 | No longer available | - | |
| No longer available | |||
| Aug 3, 2023 | Price Decreased |
$422,500
↓ $7K
(1.7%) | |
| Price Decreased | |||
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Property Highlights
Garage
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Port Salerno
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Listed by: Christine C. Matos
Mel-Ry Realty Group Inc.
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R10812383
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.
Mel-Ry Realty Group Inc.
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R10812383
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017