NOT LISTED FOR SALE

514 NW Stuart Ave Stuart, FL 34994

North River Shores Neighborhood

Estimated Value: $737,000 - $883,000

5 Beds
3 Baths
2,760 Sq Ft
$284/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $630,000 $228 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,994/month

36 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Landscaped with Trees
  • Felix A. Williams Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring

About This Home

As of September 2022

Here is your opportunity to live in your home and rent out the other 2 units! Highly Desirable North River Shores Area in Riverside Park. Rental units current tenants are month to month, may be receptive to market rents. the units are 3/2, 2/1, 2/1 This is right behind the Talkhouse, and The Deck Resturant, bike or walk to Sailors Return, Gilberts Coffee House and multiple marinas, very short distance to Downtown Stuart. This amazing opportunity to rent the 3 units, or build up on 4 lots. Can go to 3 story max 35'. Concrete block, metal roof, city water. city sewer, newer appliances in 3/2, granite, newer cabinitry, tile throughout. Light and Bright, perfect location!!!

Last Agent to Sell the Property

Rosi Shepard

RE/MAX of Stuart License #3320083 Listed on: 07/01/2022

Co-Listed By

Margaret Slobasky

Real Estate of Florida License #3204328

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,473

Year Built

  • Built in 1981

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Triplex
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,760 Sq Ft Home
  • Ceiling Fan
  • Ceramic Tile Flooring

Schools

  • Felix A Williams Elementary School
  • Stuart Middle School
  • Jensen Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association
  • 2,760 Sq Ft Building

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,473

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Co List Office Phone: 772-288-1111
  • Lot Size Acres: 0.251
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Prop. Type: Residential Income
  • Subdivision Name: Riverside Park
  • Year Built: 1981
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2760.0

Exterior Features

  • Construction Type: Block, Concrete
  • Disclosures: None
  • Lot Features: Corner Lot, Trees
  • Roof: Metal
  • Waterfront: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Individual, Wall Furnace
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Felix A Williams
  • High School: Jensen Beach
  • Middle Or Junior School: Stuart

Lot Info

  • Zoning Description: Multifamily
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6473.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2025
Sold by
J & C Holdings Of South Florida Llc
Bought by
514 Nw Stuart Ave Llc
Current Estimated Value
$784,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$447,295
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$337,306

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 9, 2022
Sold by
Marc Slobasky
Bought by
J & C Holdings Of South Florida Llc
Seller's Agent
Rosi Shepard
RE/MAX of Stuart
List Price
$699,000
Sold Price
$630,000
Premium/Discount to List
-$69,000
-9.87%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$456,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2012
Sold by
Alpha Property Holdings Llc
Bought by
Slobasky Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,327
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2010
Sold by
Stoddard Stacey and Hook George M
Bought by
Alpha Property Holdings Llc

Purchase Details

Closed on
Jun 21, 2002
Sold by
Heron Michael T and Heron Jean E
Bought by
Stoddard Stacey and Hook George M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,900
Interest Rate
6.79%

Purchase Details

Closed on
Mar 16, 2001
Sold by
Heron Krista J
Bought by
Heron Michael and Heron Jean
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
514 Nw Stuart Ave Llc $785,000 None Listed On Document
514 Nw Stuart Ave Llc $785,000 None Listed On Document
J & C Holdings Of South Florida Llc $630,000 --
Slobasky Marc $198,000 Attorney
Slobasky Marc -- Attorney
Alpha Property Holdings Llc $138,000 None Available
Stoddard Stacey $190,000 --
Heron Michael $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 514 Nw Stuart Ave Llc $450,000
Closed 514 Nw Stuart Ave Llc $450,000
Previous Owner J & C Holdings Of South Florida Llc $456,000
Previous Owner Slobasky Marc $194,327
Previous Owner Stoddard Stacey $150,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2022 09/09/22 Sold $630,000 +0.8% $228 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
07/29/2022 07/29/22 Price Changed $625,000 -10.6% $226 / Sq Ft
07/01/2022 07/01/22 For Sale $699,000 -- $253 / 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
2025 $10,745 $638,964 -- --
2024 $9,856 $580,877 -- --
2023 $9,856 $528,070 $528,070 $328,570
2022 $7,285 $344,995 $0 $0
2021 $6,473 $313,632 $0 $0
2020 $5,812 $319,200 $109,250 $209,950
2019 $5,138 $259,200 $90,250 $168,950
2018 $4,909 $264,600 $104,500 $160,100
2017 $4,019 $218,400 $80,750 $137,650
2016 $3,902 $201,600 $76,000 $125,600
2015 $3,267 $203,700 $85,500 $118,200
2014 $3,267 $174,600 $65,000 $109,600
Source: Public Records

Agents Affiliated with this Home

  • Rosi Shepard

    Seller's Agent in 2022

    Rosi Shepard

    RE/MAX

    (772) 323-7037

    4 in this area

    64 Total Sales

    Rosi Shepard
    Section Image
  • Margaret Slobasky

    Seller Co-Listing Agent in 2022

    Margaret Slobasky

    Real Estate of Florida

    (772) 284-8444

    7 in this area

    23 Total Sales

    Margaret Slobasky
    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20035159

Martin County REALTORS® of the Treasure Coast

APN: 32-37-41-004-005-00360-8

Florida Martin County Stuart 34994 North River Shores

514 NW Stuart Ave, Stuart, FL

Not Listed for Sale

MultiFamily

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Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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