$365,000
●
Mobile Manufactured -
Off Market
7961 SE Paradise Drive
Stuart, FL 34997
3 Beds
2 Baths
1,300 Ft²
$2,101
Est. Monthly
$21
HOA / Fees
About This Property
OCEAN ACCESS - affordable waterfront on the South Fork of St Lucie
River with preserve/park beyond. Over 100' on the water, which
makes living in this home very private. Bring all the toys. Great
for boating, kayaking, paddleboarding, fishing and more! This home
is like new and has a brand-new architectural shingle roof! This 3
bedroom home was built in 2003. Bedroom #3 would make a great home
office! It has wood-look tile & vaulted textured ceilings
throughout, a brick wood burning fireplace, double pane windows,
riverfront screen porch, kitchen island with butcher block top,
stainless appliances, hand-built raised vanities with cultured
marble tops, double sinks & large closet in master bath, tankless
water heater, aluminum storm shutters, newer boat dock, seawall,
wood deck, large utility room, Trex brand (composite) entry stairs,
carport and two driveways. Some furniture available.
Unit Size
1,300 Ft²
Days on Market
159 days
Land Size
0.16 acres
Price per sqft
$295
Property Type
Mobile Manufactured
Property Taxes
$194
HOA Dues
$21
Year Built
2003
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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: 18 days ago (MCRTC #M20042585)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2024 | Sold | ||
| Sold | |||
| Jan 3, 2024 | Listed by The Keyes Company - Stuart | $384,000 | |
| Listed by The Keyes Company - Stuart | |||
| Nov 17, 2018 | No longer available | - | |
| No longer available | |||
| Sep 21, 2018 | Listed | $227,500 | |
| Listed | |||
| | |||
|
WOW Come to Tropical Paradise. Live right on the St. Lucie River and bring all your toys!! This home is immaculate and ready to move in and also comes with dock . New decking in 2017. Large screened porch over looking the River. There is extra storage for RV and boats in HOA area.Circular Drive for extra parking. Convenient to I-95, hospitals, shopping, and library. Totally private home with back facing the River and state park. House also includes a workshop area. It is perfect for someone who just wants to enjoy the Florida lifestyle. Measurements may not be exact so please verify. The manager has listed the unit size as 1296 square feet.
| |||
| Jul 2, 2013 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Martin
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Listed by: Donald Defenthaler, The Keyes Company - Stuart
Last Updated: 18 days ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20042585
Last Updated: 18 days ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20042585
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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