40
Map
$736,000
●
House -
Off Market
803 NW Spruce Ridge Drive
Stuart, FL 34994
5 Beds
3 Baths
2,175 Ft²
$760,960
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
This North River Shores location is a fantastic opportunity to be
in this amazing exclusive community. This spectacular concrete
block pool home has a 2018 metal roof, 2019 hot water heater,
updated all over. Then there is that stand out sanctuary of a
master bath! This split floor plan offers everyone their own space
with plenty of entertainment areas. That backyard is spacious and
has a pool and basketball court perfect for entertaining! Don't
miss your opportunity to be in one of the best locations in Stuart.
North River Shores HOA includes access to the boat ramp. Come see
this beautiful home today!
Unit Size
2,175 Ft²
Days on Market
59 days
Land Size
0.52 acres
Price per sqft
$338
Property Type
House
Property Taxes
$433
HOA Dues
$21
Year Built
1967
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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: 2 months ago (MCRTC #M20034740)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2026 | Sold | ||
| Sold | |||
| May 9, 2026 | In contract | - | |
| In contract | |||
| Apr 21, 2026 | Price Decreased |
$739,500
↓ $36K
(4.6%) | |
| Price Decreased | |||
| Mar 24, 2026 | Price Decreased |
$775,000
↓ $15K
(1.9%) | |
| Price Decreased | |||
| Feb 25, 2026 | Listed by RE/MAX of Stuart | $790,000 | |
| Listed by RE/MAX of Stuart | |||
   | |||
|
This is a rare opportunity to own a 5-bedroom, 3-bath CBS home in the highly desirable, boater-friendly community of North River Shores. With nearly 2,200 square feet, the well-designed layout offers both privacy and functionality, featuring a formal dining room, spacious living area and comfortable bedroom separation ideal for families or guests. A roomy covered back patio overlooks the pool and yard, creating the perfect setting for relaxing Florida evenings or entertaining. The deep lot also includes a basketball court and generous lawn space surrounded by mature local foliage for added privacy. Recent updates include a standing-seam metal roof (2018), complete impact windows and sliders, newer water heater, fresh exterior paint, tile flooring in three bedrooms and a fully fenced yard. Bring your boat (or two)! This active neighborhood offers a community boat ramp, play area, picnic spots and sidewalks, with all zoned schools located within 3 miles. Call today for a private showing.
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About North River Shores
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Listed by: Rosi Shepard, RE/MAX of Stuart
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20034740
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20034740
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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