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4992 SE Flounder Avenue, Stuart, FL 34997 (MLS# R10059366)

4992 SE Flounder Avenue, Stuart, FL 34997

$145,500
Property Type: Residential Income Square Footage: 1,778 Status: Closed
Current Price: $145,500 List Date: 7/24/2014 Last Modified: 5/18/2026

Overview

Description

Amazing investment opportunity!!! Three single family homes located on one large .49 acre lot! 2 homes are rented for $650 a month each and another at $600 (1 year leases just signed) equals a gross years income of $22,800!! Units are in good shape with newer roofs and turn key! Great location next to park with walking trails and school across the street. Safe and quite street. This one will not last as it is over a 10 CAP at list price!!! Feel free to call for more photos and details. Please do not disturb the tenants .

Listing Details MLS# R10059366

General Property Information

Number Of Units Total
3
Property Sub Type
Triplex
Building Area Main
1778
Building Area Source
Public Records
Living Area Main
1778
Year Built
1956
Lot Size Dimensions
.49
Senior Community YN
No
Stories
Yes
Pool Private YN
No
LP/Assessed Value
2.5

Property Features

Association Amenities: None Documents Available: None Exterior Features: None Flooring: Carpet; Ceramic Tile Special Listing Conditions: Real Estate Owned Tenant Pays: Electricity Source Of Expenses: Owner Provided Construction Materials: CBS; Frame Cooling: Wall/Window Unit(s) Heating: Window/Wall Listing Terms: Cash; Conventional Possession: Negotiable Restrictions: No Restrictions Roof: Composition Special Information: Sold As-Is Tax Information: County Only Utilities: Electricity Available; Water Available View: Garden; Other Water Access: None Water Source: Well Showing Requirements: Call Listing Agent; Occupied Occupant Details: Tenant Occupied Unit 1 Appliances: Range; Refrigerator Unit 1 Parking Features: Open Parking Unit 2 Appliances: Range; Refrigerator Unit 2 Parking Features: Open Parking Unit 3 Appliances: Range; Refrigerator Unit 3 Parking Features: Open Parking Contingencies: Inspection Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
175000

Location and Legal

County Or Parish
Martin
County Parish Name
Martin
Street Number
4992
Street Direction Prefix
SE
Street Name
Flounder
Street Suffix
Avenue
City Name
Stuart
State Or Province
FL
Postal Code
34997
Postal Zip
34997
Subdivision Name
Port Salerno
Area
6070 - Stuart - South of Indian St
Geographic Area
MRTC - Martin County
Special Assessment YN
No
Parcel Number
513841001015001101
Zoning
R-3a
Directions
US1 to SE Salerno Rd East to SE Flounder Ave South property on left hand side
Multiple Offers Accepted
No

Financial Information

Tax Annual Amount
1788.67
Tax Year
2013
Tax Assessed/SOH Value
70030
Tax Legal Description
PORT SALERNO, LOTS 11 12 & 13 BLK 15

Status Change Information

Major Change Timestamp
2014-11-11T16:13:44Z
Major Change Type
Status Change
Status Change Date
2014-11-11
Under Contract Date
2014-10-15
Close Date
2014-11-07
Close Price
145500
Buyer Financing
Conventional

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
Yes

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
1800
Gross Income
22800
Net Operating Income
20000

Unit 1 Details

Actual Rent
650
Baths Full
Yes
Furnished
Unfurnished
SqFt
642

Unit 1 Lease Description

Lease Expiration
2015-07-31

Unit 2 Details

Actual Rent
650
Baths Full
Yes
Furnished
Unfurnished
SqFt
642

Unit 2 Lease Description

Lease Expiration
2015-07-31

Unit 3 Details

Actual Rent
600
Baths Full
Yes
SqFt
494

Unit 3 Lease Description

Lease Expiration
2015-07-31

Price Calculations

Current Price To SqFt
81.83
Original List Price To Close Price
1.2

Originating Details

Originating System Key
20140724201358327840000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Exterior Features

None
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes

Special Information

Sold As-Is
Yes

Special Listing Conditions

Real Estate Owned
Yes

Documents Available

None
Yes

Tenant Pays

Electricity
Yes

Possession

Negotiable
Yes

Utilities

Electricity Available
Yes
Water Available
Yes

View

Garden
Yes
Other
Yes

Heating

Window/Wall
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes
Frame
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Composition
Yes

Water Source

Well
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Call Listing Agent
Yes
Occupied
Yes

Restrictions

No Restrictions
Yes

Tax Information

County Only
Yes

Occupant Details

Tenant Occupied
Yes

Contingencies

Inspection
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Parking Features

Open Parking
Yes

Unit 4 Details

Actual Rent
0
SqFt
0

Acreage Description

1/2 To Less Than 1 Acre Lot
Yes
Listing Office: RSI Asset Management, LLC
IDX
Last Updated: May - 18 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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