Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Use the "Advanced Search" fields on the right to narrow your results down and search by Subdivision, School, Year Built, Lifestyle, and more! Check out our how-to page for more info.

  • Price$2,679,622
  • Built1985

000 Salvatori Ridge
Stuart, FL 34997

Possible 32 Bed ALF. Business Opportunity! Eight Full Duplexes, All CBS, On One Block (16 Units), Market Rents Are $1,250.00 Currently Rented Under Market Rent. Each Unit Is A 2/2, Approximately 1,200 Square Feet Living Space, Updated, Tile Through Out, Newer Fences, Newer AC Units, Laundry Room, 2 Car Driveway and Newer Roofs (5 Metal & 3 Shingle). Owner Owns Them Free & Clear, Tenants Have Been There 5-10 Years. Gross Income Is Approximately $240,000.00 If Rents Are Adjusted to Current Market Value. Owner Is Asking $335,000 Per Building Or $167,500 Per Unit.Business Opportunity! Eight Full Duplexes, All CBS, On One Block (16 Units), Market Rents Are $1,250.00 Currently Rented Under Market Rent. Each Unit Is A 2/2, Approximately 1,200 Square Feet Living Space, Updated, Tile Through Out, Newer Fences, Newer AC Units, Laundry Room, 2 Car Driveway and Newer Roofs (5 Metal & 3 Shingle). Owner Owns Them Free & Clear, Tenants Have Been There 5 – 10 Years. He Will NOT Separate the Sale of The Buildings. Gross Income Is Approximately $240,000.00 If Rents Are Adjusted to Current Market Value. Owner Is Asking $349,000 Per Building Or $174,500 Per Unit. Street Has A Great Location Only Two Entry's/Exits, Very Little Traffic in This Tucked Away Property Behind US1, On East Side of Town, Close to Everything. So, If You Are an Investor or Like to Retire and Live on The Property & Pull Six Figures A Year Give Me A Call. No Disappointments with These Properties & Positively A Great Business for The Right Person. Owner Requires Proof of Funds & A Nondisclosure Signed for Any Personal Information. Owner Will Entertain All Serious Inquires. You Can't Find A Business and Property Like This One.

Essential Information

  • MLS® #RX-10437368
  • Price$2,679,622
  • Year Built1985
  • TypeBusiness
  • Sub-TypeOther
  • StatusActive

Amenities

  • UtilitiesPublic Sewer, Public Water

Additional Information

  • Date ListedJune 6th, 2018
  • Days on Market551
  • Membership EquityNo

Community Information

  • Address000 Salvatori Ridge
  • Area14 - Hobe Sound/Stuart - South of Cove Rd
  • CityStuart
  • CountyMartin
  • StateFL
  • Zip Code34997

Interior

  • AppliancesFixtures, Business, Bldg & Lnd

Listing Details

  • Listing OfficeBhg Real Estate Laviano & Asso
Please provide a valid email address.

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2019 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2019 Beaches Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on December 9th, 2019 at 1:31pm EST.