NOT LISTED FOR SALE

500 NW Stuart Ave Stuart, FL 34994

North River Shores Neighborhood

Estimated Value: $783,000 - $1,242,000

6 Beds
5.5 Baths
3,230 Sq Ft
$335/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $799,000 $247 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,400/month

139 Days on Market

Highlights

  • Cooling Available
  • Tile Flooring
  • Combination Kitchen and Dining Room
  • Felix A. Williams Elementary School Rated A-
  • Central Heating
  • 1-Story Property

About This Home

As of June 2024

Recent price improvement! Fully remodeled 6 bedroom 6 bath property that can be configured as a single family home or 1-3 separate units with 3 full size kitchens. It is zoned muli-use urban neighborhood allowing for a long list of approved uses. Offices, short/ long term rentals, daycare, the list goes on. Fantastic cap rate with an extremely desirable location very close to the intercoastal, marina, parks, restaurants & new Brightline station. New standing seam metal roof, updated plumbing and electrical features. Tile throughout, granite countertops in all 3 kitchens, ample parking.

Last Agent to Sell the Property

Aron Morlan

Real Estate of Florida License #3476588 Listed on: 02/02/2024

Real Estate of Florida

Last Buyer's Agent

Robert Storrow, P.A.

Luxury Real Estate Group LLC License #3225410

Luxury Real Estate Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,287

Year Built

  • Built in 1983

Lot Details

  • 0.25 Acre Lot
  • Property is zoned Stuart

Parking

  • Over 1 Space Per Unit

Home Design

  • Metal Roof

Interior Spaces

  • 3,230 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Dual Sinks

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Riverside Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 323741004005003207

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,287

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: West of A1A north of Roosevelt
  • Year Built: 1983
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Kitchen/Dining Combo, Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Tile
  • Living Area: 3230.0
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

  • Laundry Features: In Garage
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 323741004005003207
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 10914.0
  • Zoning Description: Stuart
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7287.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Jun 25, 2024
Sold by
K4 Property Brothers Llc
Bought by
Louis Fredy
Seller's Agent
Aron Morlan
Real Estate of Florida
Buyer's Agent
Robert Storrow, P.A.
Luxury Real Estate Group LLC
List Price
$1,097,000
Sold Price
$799,000
Premium/Discount to List
-$298,000
-27.16%
Views
42
Current Estimated Value
$1,082,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,359
Avg. Annual Appreciation
21.03%
Original Mortgage
$759,050
Outstanding Balance
$747,322
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$335,037

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 4, 2022
Sold by
Dream Ls
Bought by
K4 Property Brothers Llc
Seller's Agent
Alexander Haigh
EXP Realty LLC
Buyer's Agent
Aron Morlan
Real Estate of Florida
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.93%

Purchase Details

Closed on
Mar 8, 2002
Sold by
M D Chapman Inc
Bought by
Ls Dream Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
6.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 28, 1998
Sold by
Dorothy'S Yellow Brick Road To Lear
Bought by
M D Chapman Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,300
Interest Rate
6.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 1994
Bought by
Ls Dream Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Louis Fredy $799,000 Omega National Title Agency
Louis Fredy $799,000 Omega National Title Agency
K4 Property Brothers Llc $460,000 None Listed On Document
Ls Dream Inc $420,000 --
M D Chapman Inc $317,000 --
Ls Dream Inc $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louis Fredy $759,050
Closed Louis Fredy $759,050
Previous Owner Ls Dream Inc $382,000
Previous Owner M D Chapman Inc $285,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2024 06/25/24 Sold $799,000 0.0% $247 / Sq Ft
04/12/2024 04/12/24 Price Changed $799,000 -8.7% $247 / Sq Ft
04/10/2024 04/10/24 Price Changed $875,000 -2.7% $271 / Sq Ft
03/25/2024 03/25/24 Price Changed $899,000 -7.8% $278 / Sq Ft
03/04/2024 03/04/24 Price Changed $975,000 -2.0% $302 / Sq Ft
02/13/2024 02/13/24 Price Changed $995,000 -9.3% $308 / Sq Ft
02/07/2024 02/07/24 For Sale $1,097,000 0.0% $340 / Sq Ft
02/05/2024 02/05/24 Price Changed $1,097,000 +138.5% $340 / Sq Ft
08/04/2022 08/04/22 Sold $460,000 -3.2% $142 / Sq Ft View Prior Sale
07/15/2022 07/15/22 For Sale $475,000 -- $147 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $9,349 $847,160 $225,000 $622,160
2024 $7,287 $428,604 -- --
2023 $7,287 $389,640 $389,640 $317,810
2022 $4,251 $217,239 $0 $0
2021 $141 $197,490 $71,830 $125,660
2020 $141 $197,490 $71,830 $125,660
2019 $140 $197,490 $71,830 $125,660
2018 $136 $188,010 $65,750 $122,260
2017 $140 $203,250 $65,750 $137,500
2016 $140 $223,110 $65,750 $157,360
2015 $156 $215,180 $65,750 $149,430
2014 $156 $214,170 $65,750 $148,420
Source: Public Records

Agents Affiliated with this Home

  • Aron Morlan

    Seller's Agent in 2024

    Aron Morlan

    Real Estate of Florida

    (772) 486-8665

    8 in this area

    26 Total Sales

    Aron Morlan
    Section Image
  • Robert Storrow, P.A.

    Buyer's Agent in 2024

    Robert Storrow, P.A.

    Luxury Real Estate Group LLC

    (772) 486-4320

    1 in this area

    25 Total Sales

    Robert Storrow, P.A.
    Section Image
  • Alexander Haigh

    Seller's Agent in 2022

    Alexander Haigh

    EXP Realty LLC

    (772) 932-5941

    6 in this area

    330 Total Sales

    Alexander Haigh
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10956363

BeachesMLS (Greater Fort Lauderdale)

APN: 32-37-41-004-005-00320-7

Florida Martin County Stuart 34994 North River Shores

500 NW Stuart Ave, Stuart, FL

Not Listed for Sale

Detached

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