$200,000
●
Condo -
Off Market
630 SE Ocean Boulevard #C5
Stuart, FL 34994
2 Beds
2 Baths
1,129 Ft²
$213,204
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Back on market, as the prospective buyer's financing fell through.
Investment opportunity in downtown Stuart! Brand new water heater
August 2023, brand new flooring June 2023, new AC December 2022. A
beautiful penthouse condo located in the Royal Oak Towers. The two
bedroom and two bathroom condominium with impact glass windows sits
less than a mile from historic Downtown Stuart and less than three
miles to the beach. Remodeled and open floor plan, overlooking the
pool is unlike any other in Royal Oak Towers. Enjoy the East facing
balcony screened patio at sunrise and the West facing balcony at
sunset. Royal Oak Towers comes with a swimming pool, BBQ area,
laundry facilities and covered parking for owners. This unit is
accessible by stairs or elevator. Privacy is exclusive at
Royal Oak Towers with only 6 owners per building, yet offering
front row seats Stuart's seasonal parades and festivals!
Unit Size
1,129 Ft²
Days on Market
199 days
Land Size
-
Price per sqft
$190
Property Type
Condo
Property Taxes
$127
HOA Dues
$656
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: 3 months ago (MCRTC #M20038750)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2023 | Sold | ||
| Sold | |||
| Mar 31, 2023 | Listed by Olde Florida Realty, LLC | $214,000 | |
| Listed by Olde Florida Realty, LLC | |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Parking Features: Covered
Interior Details
Full Bathrooms: 2
Laundry Features: Common Area
Exterior Details
Has Property Attached
Square Footage: 1129
Property Condition: Resale
Year Built: 1973
Building Area Total: 1129
Window Features: ImpactGlass
Construction Materials: Concrete
Pool Features: Community
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Annual Amount: $1,523
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water, AssociationManagement, CommonAreas, Pools, RecreationFacilities, ReserveFund, RoadMaintenance, Taxes
HOA/Condo/Coop Amenities: Elevator(s)
HOA Fee: $656
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/12/2024
|
2 Bed
|
2 Bath
|
1129 ft²
|
$259,000
2 Bed
2 Bath
1129 ft²
|
$215,000
-16.99%
03/26/2024
|
Margaret Shinnebarger
Berkshire Hathaway Florida Realty
| |
|
05/15/2023
|
2 Bed
|
2 Bath
|
1129 ft²
|
$229,000
2 Bed
2 Bath
1129 ft²
|
$225,000
-1.75%
07/21/2023
|
Michelle Hinson
The Keyes Company - Stuart
| |
|
03/31/2023
|
2 Bed
|
2 Bath
|
1129 ft²
|
$214,000
2 Bed
2 Bath
1129 ft²
|
$200,000
-6.54%
10/17/2023
|
John Schmahl
Olde Florida Realty, LLC
| |
|
03/29/2023
|
2 Bed
|
2 Bath
|
1129 ft²
|
$225,000
2 Bed
2 Bath
1129 ft²
|
-
-
|
Patrick Stracuzzi, Sr
RE/MAX Community
| |
|
01/11/2023
|
2 Bed
|
2 Bath
|
1129 ft²
|
$205,315
2 Bed
2 Bath
1129 ft²
|
$150,000
-26.94%
02/21/2023
|
Dennis L. Fadden
Coldwell Banker Realty
| |
|
08/26/2022
|
2 Bed
|
2 Bath
|
1129 ft²
|
$210,315
2 Bed
2 Bath
1129 ft²
|
$160,000
-23.92%
02/21/2023
|
Dennis L. Fadden
Coldwell Banker Realty
| |
|
08/08/2022
|
2 Bed
|
2 Bath
|
1129 ft²
|
$210,315
2 Bed
2 Bath
1129 ft²
|
$160,000
-23.92%
02/21/2023
|
Dennis L. Fadden
Coldwell Banker Realty
| |
|
07/13/2022
|
2 Bed
|
2 Bath
|
1129 ft²
|
$225,315
2 Bed
2 Bath
1129 ft²
|
$210,315
-6.66%
10/26/2022
|
Dennis L. Fadden
Coldwell Banker Realty
| |
|
05/18/2022
|
2 Bed
|
2 Bath
|
1129 ft²
|
$220,315
2 Bed
2 Bath
1129 ft²
|
$200,000
-9.22%
11/17/2022
|
Dennis L. Fadden
Coldwell Banker Realty
| |
|
03/18/2022
|
2 Bed
|
2 Bath
|
1129 ft²
|
$219,000
2 Bed
2 Bath
1129 ft²
|
$202,500
-7.53%
07/29/2022
|
Patrick A Stracuzzi Sr
RE/MAX Select Group
| |
|
03/09/2022
|
2 Bed
|
2 Bath
|
1129 ft²
|
$175,000
2 Bed
2 Bath
1129 ft²
|
$175,000
04/15/2022
|
Beverly Bray
BLUEWATER REALTY SERVICES LLC
| |
|
05/03/2021
| |
6 Bed
|
6 Bath
|
3387 ft²
|
$495,000
6 Bed
6 Bath
3387 ft²
|
$495,000
06/22/2021
|
Douglas Legler
NAI Southcoast
|
|
08/30/2019
|
2 Bed
|
2 Bath
|
1129 ft²
|
$150,000
2 Bed
2 Bath
1129 ft²
|
-
-
|
-
| |
|
03/26/2018
|
2 Bed
|
2 Bath
|
1129 ft²
|
$149,000
2 Bed
2 Bath
1129 ft²
|
$138,000
-7.38%
04/23/2018
|
Beverly Bray
BLUEWATER REALTY SERVICES LLC
| |
|
02/02/2018
|
2 Bed
|
2 Bath
|
1129 ft²
|
$149,000
2 Bed
2 Bath
1129 ft²
|
$140,000
-6.04%
04/24/2018
|
Beverly Bray
BLUEWATER REALTY SERVICES LLC
| |
|
10/16/2015
|
2 Bed
|
2 Bath
|
1129 ft²
|
$129,000
2 Bed
2 Bath
1129 ft²
|
$129,000
02/01/2017
|
Beverly Bray
BLUEWATER REALTY SERVICES LLC
| |
|
09/30/2015
|
2 Bed
|
2 Bath
|
1129 ft²
|
$115,900
2 Bed
2 Bath
1129 ft²
|
$100,000
-13.72%
11/30/2015
|
Beverly Bray
BLUEWATER REALTY SERVICES LLC
| |
|
09/01/2015
|
2 Bed
|
2 Bath
|
1129 ft²
|
$129,000
2 Bed
2 Bath
1129 ft²
|
$127,000
-1.55%
06/29/2016
|
Beverly Bray
BLUEWATER REALTY SERVICES LLC
| |
|
01/26/2012
|
2 Bed
|
2 Bath
|
1129 ft²
|
$40,000
2 Bed
2 Bath
1129 ft²
|
$34,000
-15.00%
03/15/2012
|
LISA ADAMS
CYPRESS VILLAGE REAL ESTATE
| |
|
12/09/2011
|
2 Bed
|
2 Bath
|
1129 ft²
|
$55,000
2 Bed
2 Bath
1129 ft²
|
$38,000
-30.91%
01/23/2012
|
LISA ADAMS
CYPRESS VILLAGE REAL ESTATE
| |
|
06/24/2010
|
2 Bed
|
2 Bath
|
1129 ft²
|
$49,999
2 Bed
2 Bath
1129 ft²
|
$41,000
-18.00%
09/12/2012
|
Edward A Cairo
Laguna Realty & Sales, Inc.
|
Building Info
630 Southeast Ocean Boulevard
630 Southeast Ocean Boulevard, Stuart, FL 34994
About Stuart
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Listed by: John Schmahl, Olde Florida Realty, LLC
Last Updated: 3 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20038750
Last Updated: 3 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20038750
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
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