$670,000
SOLD APR 2, 2025

119 SW 5th St Unit A-B 1-2 Stuart, FL 34994

Downtown Stuart Neighborhood
-- Bed
-- Bath
1,698 Sq Ft
6,251 Sq Ft Lot

Recently Sold

$395 Per Sq Ft

1% Below List Price

37 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • 2-minute walk to Kiwanis Youth Park at Woodlawn
  • Jensen Beach High School Rated A
  • Central Heating and Cooling System

About This Home

As of April 2025

Exceptional Investment Opportunity – High ROI in Prime Downtown Stuart
This cash cow delivers impressive returns with a short-term rental-ready main house generating $67,319.62 annually on Airbnb alone—no other channels utilized. Additionally, a attached studio unit brings in $1,500 per month on a flexible month-to-month lease. There's even more untapped potential: a third unit could be added by converting the existing shed on a slab with electric and plumbing already in place.

Located in the heart of downtown Stuart, this property is just steps from top restaurants, bars, live music venues, and the scenic boardwalk. Even more exciting, it's right around the corner from the future Brightline high-speed rail station, set to connect Miami, Orlando, and Florida’s West Coast. A rare gem in an unbeatable location—opportunities like this don’t last.
Video: https://youtu.be/PBfLHW4oWJ0
Additional documents: https://drive.google.com/drive/folders/1gIPH30UkcLNJ5BW2yhvCjKLgd2amcrEE

Last Listed By

Richard Feldman

Miami Waterfront Realty Brokerage Phone: 305-970-2884 License #3249105 Listed on: 02/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,484

Year Built

  • Built in 1956

Home Design

  • 1,698 Sq Ft Home
  • Duplex
  • Concrete Siding
  • Block Exterior

Parking

  • Driveway
  • RV Access or Parking
  • 1 to 5 Parking Spaces

Additional Features

  • 6,251 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association
  • 1,698 Sq Ft Building

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,484

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Lot Size Acres: 0.1435
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Prop. Type: Residential Income
  • Subdivision Name: Frazier Add
  • Year Built: 1956
  • Year Built Details: Resale
  • Ownership: Limited Partner
  • Attribution Contact: 305-970-2884
  • Special Features: VirtualTour

Interior Features

  • Living Area: 1698.0

Exterior Features

  • Construction Type: Block, Concrete
  • Disclosures: None
  • Property Condition: Resale
  • Waterfront: No

Garage/Parking

  • Parking Features: Boat, Driveway, RV Access/Parking, Two Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Non-Gated
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6484.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Apr 7, 2025
Sold by
Vintage Florida Bungalow Ii Llc
Bought by
Shorebreak Properties Llc
Seller's Agent
Richard Feldman
Miami Waterfront Realty
List Price
$674,900
Sold Price
$670,000
Premium/Discount to List
-$4,900
-0.73%
Total Days on Market
37
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.25%

Purchase Details

Closed on
Jun 29, 2022
Sold by
Gaven Hammett
Bought by
Vintage Florida Bungalow Ii Llc

Purchase Details

Closed on
Feb 23, 2022
Sold by
Brookes David A and Brookes Jo Mary
Bought by
Hammett Gaven

Purchase Details

Closed on
Dec 19, 2002
Sold by
Justice Thomas B and Justice Ruth L
Bought by
Brookes David A and Decker Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,948
Interest Rate
6.07%

Purchase Details

Closed on
Mar 1, 1978
Bought by
Brookes David A and Decker Mary Jo
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $660,000 Liberty Title Co Of America
Warranty Deed -- None Listed On Document
Warranty Deed $560,000 New Title Company Name
Warranty Deed $200,000 --
Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,457 Unknown
Previous Owner $163,948 No Value Available
Previous Owner $28,572 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Sold $670,000 -0.7% $395 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
03/05/2025 03/05/25 Price Changed $674,700 0.0% $397 / Sq Ft
03/03/2025 03/03/25 Price Changed $674,750 0.0% $397 / Sq Ft
02/17/2025 02/17/25 Price Changed $674,800 0.0% $397 / Sq Ft
02/05/2025 02/05/25 For Sale $674,900 -- $397 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,866 $349,580 $349,580 $195,180
2023 $6,866 $367,650 $367,650 $213,254
2022 $4,635 $211,229 $0 $0
2021 $3,796 $192,027 $0 $0
2020 $3,462 $174,570 $89,060 $85,510
2019 $3,568 $178,500 $89,060 $89,440
2018 $3,637 $184,420 $89,060 $95,360
2017 $3,056 $166,060 $89,060 $77,000
2016 $3,013 $154,380 $70,060 $84,320
2015 -- $156,550 $70,060 $86,490
2014 -- $166,820 $73,750 $93,070
Source: Public Records

Agents Affiliated with this Home

  • Richard Feldman

    Seller's Agent in 2025

    Richard Feldman

    Miami Waterfront Realty

    (305) 282-2762

    5 in this area

    183 Total Sales

    Richard Feldman
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20048945

Martin County REALTORS® of the Treasure Coast

APN: 05-38-41-005-016-00090-5

Florida Martin County Stuart 34994 Downtown Stuart

119 SW 5th St Unit A-B 1-2, Stuart, FL

This home is located at 119 SW 5th St Unit A-B 1-2, Stuart, FL 34994 and is currently priced at $670,000, approximately $394 per square foot. This property was built in 1956. 119 SW 5th St Unit A-B 1-2 is a home located in Martin County with nearby schools including J. D. Parker School Of Technology, Stuart Middle School, and Jensen Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Martin County REALTORS® of the Treasure Coast 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 Ten-X 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.

Copyright 2025 Realtor® Association of Martin County, Inc. MLS. All rights reserved.

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