860 NW River Shores Boulevard, Stuart, FL 34994

Property Description

Seven-unit, single-story multifamily in North River Shores on the Stuart / Jensen Beach line. All units 2 bed / 1 bath. In-place gross income approx. $147,600. Operating expenses approx. $36,000. NOI approx. $113,639.93 Owner pays water. Community laundry. One assigned space per unit plus guest parking. Short walk to Publix, bike ride to downtown Stuart, about 10 minutes to the beach. Easy single-story layout.Major updates: metal roof (2018); patio screen enclosure (2018); hurricane-impact windows and doors (2018); connected to city sewer with septic and drain field removed (2019); kitchen and bathroom renovations (2019); kitchen appliances updated over time; 6 of 7 A/C units replaced since 2023. Financials available to qualified buyers.