576 SW Rustic Circle
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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%.
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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.
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 |
|---|---|---|---|
| Aug 6, 2026 | Sold | ||
| Sold | |||
| Jul 25, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Price Decreased |
$709,900
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Jun 16, 2026 | Price Decreased |
$719,900
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Jun 2, 2026 | Listed by Medalian Real Estate & Investm | $729,900 | |
| Listed by Medalian Real Estate & Investm | |||
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Fully Renovated Double-Lot Retreat — In the Boating Community of Rustic Acres. Rare opportunity to own a fully renovated double-lot retreat in the highly desirable boating community of Rustic Acres in Stuart. While the home itself sits inland for privacy and tranquility, residents enjoy a shared private dock and pavilion with ocean access — and no fixed bridges to open water — making this the ideal home base for the boating lifestyle without the waterfront tax bill. Situated on a fully fenced half-acre double lot, the property offers privacy, space, and room for boats, RVs, and recreational vehicles, all behind a private sliding gate entrance. This 3-bedroom, 2-bath home spans over 2,500 square feet of thoughtfully blended character and modern updates. Recently completed a full top-to-bottom renovation: brand-new tile flooring throughout the lower level and main living areas, new vinyl flooring throughout the upper level, two beautifully redone bathrooms, and fresh designer paint inside and out. The home's signature warmth is preserved in the Pecky cypress accent walls and the wood-burning fireplace in the family room — classic Florida charm meets contemporary livability. Multiple living areas give the home flow and flexibility, and the spacious primary suite includes a flex room ideal as an office, nursery, or sitting area. A 2022 metal roof and full hurricane shutters round out the major systems.Step outside to a true tropical escape: beautifully landscaped with mature fruit trees — mango, banana, avocado, papaya, orange, and grapefruit — a screened above-ground pool, a gazebo solarium, and a detached cottage currently used as a fitness studio with full guest-house potential. A detached 3-car carport with golf cart storage rounds out the property. Rustic Acres residents enjoy access to the community's private floating dock and pavilion, with a short boat ride to Downtown Stuart's restaurants, shopping, and waterfront attractions. Low HOA of just $66.67/month. A one-of-a-kind opportunity — privacy, community ocean access, and a fully renovated home all in one. Schedule your private tour today.
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017