$725,000
●
House -
Off Market
8040 SE Colony Drive
Stuart, FL 34997
4 Beds
3 Baths
1,959 Ft²
$4,102
Est. Monthly
$29
HOA / Fees
About This Property
Location, Location. Looking for a upgraded 4 bedrooms and 3
bathrooms move in condition pool home and water view? This is a
beautiful all updated home offering formal living room, dining
room, open kitchen, fireplace, built is bar, large screened covered
patio, beautiful in-ground pool and beautiful water view. All new
beautiful updated kitchen with lots of wood cabinets, granite
countertop, back splash and all new stainless appliances. All good
size bedrooms. All new updated beautiful bathrooms. All new ceramic
tile flooring throughout and in the covered patio. New impact door
and windows, new A/C system, new water heater, new roof, new
fixtures, new outlets and switches. Large backyard with wood deck
to the beautiful water view. This is a Fannie Mae property. Enjoy
fishing from your own backyard. This is a large all upgraded
beautiful move in condition home. Location close to schools,
shopping, banks, restaurants and easy access to main HWYs. Don't
let this get away! All information in the MLS, sizes and SQFT are
approx. Some restrictions apply. Investor 30 days Homepath
FirstLook applies. SELLER MAKES NO WARRANTIES OR REPRESENTATIONS AS
TO CONDITION.
Unit Size
1,959 Ft²
Days on Market
97 days
Land Size
0.33 acres
Price per sqft
$370
Property Type
House
Property Taxes
$513
HOA Dues
$29
Year Built
1985
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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: 6 months ago (Beaches MLS #R10929501)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2024 | Sold | ||
| Sold | |||
| Oct 20, 2023 | Listed by Keller Williams Realty Of The Treasure Coast | $725,000 | |
| Listed by Keller Williams Realty Of The Treasure Coast | |||
| Jan 25, 2020 | No longer available | - | |
| No longer available | |||
| Oct 25, 2019 | Listed | $350,000 | |
| Listed | |||
| | |||
|
Location, Location, Location. GREAT HOME IN THE WEST STUART AREA. This home has an in-ground pool. Enjoy fishing from your own backyard. Community has very low HOA fees with RV and boat storage. Close to boat ramp, schools, shopping, banks, restaurants, hospital and easy access to I-95. Bring your buyer and don't let this great home get away! This is a Fannie Mae property. This property being sold at auction > AUCTION BIDDING START DATE 01/20/20 AND ENDING 01/22/20. This property is subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions (minimums may apply). This is a reserve auction and all offers are subject to seller approval. Please contact listing agent for details. Buyer representing self will not be paid a broker co-op commission. The manager has listed the unit size as 1959 square feet.
| |||
| Jul 29, 2017 | Listed | $300,000 | |
| Listed | |||
| | |||
|
House with enormous potential!! Open Floor plan with Mexican tile. Kitchen has stainless appliance with commercial oven. Granite counters. Natural cherry wood cabinets. It is also split floor plan. Hugh lanai with pool. Very tropical with dock. However go to the dock at your own risk for some boards need to be replaced. Lots of fruit tress. This house has so much to offer but needs TLC. Community has very low HOA fees with RV and boat storage. Close to boat ramp, shopping, library, hospital and I-95. Please check all measurements. The accuracy of the information is subject to errors,omissions, and changes. TV's and antique mirror in Master-bath do not convey.The manager has listed the unit size as 2400 square feet.
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Property Highlights
Garage
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Type
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Baths
ft²
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Sold On
HOA + Taxes
About Martin
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Listed by: Claudio L Moreira
Keller Williams Realty Of The Treasure Coast
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10929501
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.
Keller Williams Realty Of The Treasure Coast
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10929501
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