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3003 SE Birch Avenue, Stuart, FL 34997 (MLS# R10963953)

3003 SE Birch Avenue, Stuart, FL 34997

$648,000

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Property Type: Residential Income Square Footage: 3,364 Status: Closed

Current Price: $648,000 List Date: 3/01/2024 Last Modified: 5/17/2026

Overview

Description

Amazing opportunity in the heart of Stuart. This is a true Quadplex with 4 separate units. The tenants have been in place for multiple years and would like to stay. This multi-family complex just had all of the windows and doors replaced with high energy efficiency. The exterior also just had a makeover including fresh paint and light fixtures. Three of the units are 2 bedroom and one bath and the 4th unit is an efficiency with a full kitchen. There is also a huge driveway with plenty of parking. Prime investment opportunity at 100 percent occupied with solid rental history, bringing in $5200 a month. These units are also on city water and sewer. Prime Location!

Listing Details MLS# R10963953

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 3364
Building Area Source: Public Records
Living Area Main: 3104
Year Built: 1981
Gated Community YN: No
Lot Size Area: 0.29
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: Yes
Pool Private YN: No

Property Features

Association Amenities: None Documents Available: Copy Of Lease(s) Fencing: Fenced Flooring: Laminate; Linoleum; Tile; Other Property Condition: Resale Structure Type: Quadruplex Tenant Pays: Cable TV Source Of Expenses: Owner Provided Construction Materials: Frame Cooling: Ceiling Fan(s); Central Air; Wall/Window Unit(s) Heating: Central Listing Terms: Cash; Conventional; Owner Will Carry; Other Lot Features: Fruit Tree(s) Possession: Negotiable; Subject To Tenant Rights Restrictions: No Restrictions; Lease OK Road Frontage Type: East of US-1 Roof: Metal Sewer: Public Sewer Special Information: Sold As-Is Storm Protection Details: None Tax Information: No Homestead Utilities: Sewer Available; Water Available View: Other Water Access: None Water Source: Public Outdoor Living Spaces: Deck; Patio; Porch Patio Details: Patio - Open Porch Details: Porch - Open Unit 1 Appliances: Microwave; Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking; Parking Space Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking; Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Microwave; Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking; Parking Space Unit 3 Rooms: Kitchen; Laundry Room Unit 4 Appliances: Microwave; Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Open Parking; Parking Space Unit 4 Rooms: Kitchen; Laundry Room Contingencies: Appraisal; Financing; Inspection

Contract Information

Comp Sale YN: No
Original List Price: 650000

Location and Legal

Country: United States
County Or Parish: Martin
County Parish Name: Martin
Street Number: 3003
Street Direction Prefix: SE
Street Name: Birch
Street Suffix: Avenue
City Name: Stuart
State Or Province: FL
Postal Code: 34997
Postal Zip: 34997
Subdivision Name: GOLDEN GATE
Area: 6070 - Stuart - South of Indian St
Geographic Area: MRTC - Martin County
Special Assessment YN: No
Parcel Number: 373841007006000202
Zoning: Income prod
Directions: US Highway 1 to Indian Street East, Past Dixie and right on Birch.

Financial Information

Tax Annual Amount: 9927.47
Tax Year: 2023
Tax Legal Description: GOLDEN GATE LOTS 2 & 4 BLK 6 OR 359/2543

Status Change Information

Major Change Timestamp: 2024-04-27T12:42:52Z
Major Change Type: Status Change
Status Change Date: 2024-04-27
Under Contract Date: 2024-03-13
Close Date: 2024-04-25
Close Price: 648000
Buyer Financing: Conventional

More Information

Meter Information

Separate Electric Meters YN: No
Separate Water Meters YN: No

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 23926
Gross Income: 38474
Net Operating Income: 38474

Showing Details

Pet(s) on Premises: Yes

Unit 1 Details

Actual Rent: 1500
Baths Full: Yes
Furnished: Unfurnished
SqFt: 952

Unit 1 Lease Description

Lease Expiration: 2024-03-31

Unit 2 Details

Actual Rent: 800
Baths Full: Yes
Efficiency YN: Yes
Furnished: Unfurnished
SqFt: 360

Unit 3 Details

Actual Rent: 1400
Baths Full: Yes
Furnished: Unfurnished
SqFt: 840

Unit 3 Lease Description

Lease Expiration: 2024-03-31

Unit 4 Details

Actual Rent: 1500
Baths Full: Yes
Furnished: Unfurnished
SqFt: 952

Unit 4 Lease Description

Lease Expiration: 2024-03-31

Price Calculations

Current Price To SqFt: 208.76
Original List Price To Close Price: Yes

Originating Details

Originating System Key: 20240227130742693572000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Flooring

Laminate: Yes
Linoleum: Yes
Tile: Yes
Other: Yes

Property Condition

Resale: Yes

Special Information

Sold As-Is: Yes

Documents Available

Copy Of Lease(s): Yes

Fencing

Fenced: Yes

Structure Type

Quadruplex: Yes

Tenant Pays

Cable TV: Yes

Possession

Negotiable: Yes
Subject To Tenant Rights: Yes

Sewer

Public Sewer: Yes

Utilities

Sewer Available: Yes
Water Available: Yes

View

Other: Yes

Heating

Central: Yes

Water Access

None: Yes

Construction Materials

Frame: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Owner Will Carry: Yes
Other: Yes

Lot Features

Fruit Tree(s): Yes

Road Frontage Type

East of US-1: Yes

Roof

Metal: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Wall/Window Unit(s): Yes

Restrictions

No Restrictions: Yes
Lease OK: Yes

Storm Protection Details

None: Yes

Tax Information

No Homestead: Yes

Outdoor Living Spaces

Deck: Yes
Patio: Yes
Porch: Yes

Patio Details

Patio - Open: Yes

Porch Details

Porch - Open: Yes

Contingencies

Appraisal: Yes
Financing: Yes
Inspection: Yes

Unit 1 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 1 Patio/Porch

Patio/Porch: Yes

Unit 1 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 2 Rooms

Kitchen: Yes

Unit 3 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 3 Patio/Porch

Patio/Porch: Yes

Unit 3 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 4 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes

Unit 4 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 4 Patio/Porch

Patio/Porch: Yes

Unit 4 Rooms

Kitchen: Yes
Laundry Room: Yes

Listing Office: Keller Williams Realty Of The Treasure Coast

Last Updated: May - 17 - 2026

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3003 SE Birch Avenue, Stuart, FL 34997 (MLS# R10963953)