$171,000
Stuart, FL 34997
MLS# R10219660
Status: Closed
2176 sqft
1 / 26
Property Description
OWNERS FINANCING ONLY. Remodeled 2/1.5 on each side with attached carports and a rear storage building. Full tenancy since 2011. AC and handlers are new since 2011. 2011 new kitchen cabinets, bathroom vanities, toilets. Drain field replaced in 2011. Sump pump replaced in 2014. Septic pumped and filter cleaned annually. 2006 roof was rebuilt. Both leases renewed March 1st & April 1st 2016. Annual Income is typically $19,200.00. Sellers has proof of income records and copies of leases. Buyers proof of funds required prior to showing. DO NOT APPROACH TENANTS. THEY ARE NOT AWARE BUILDING IS FOR SALE. Warranty on AC's will convey. Neighboring 3/1 duplex located at 2605 SE Bonita Street also available as package deal. Bonita annual income $21,600.00. M
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2016-03-20
Status: Closed
Original List Price: 168300
Sold Price: $171,000
Current Price: $171,000
Location and Legal
County Or Parish: Martin
County Parish Name: Martin
City Name: Stuart
Postal Zip: 34997
Geographic Area: MRTC - Martin County
Special Assessment YN: No
Street Number: 2971
Street Direction Prefix: SE
Street Name: Ferndale
Street Suffix: Avenue
Unit Number: 2971 & 2981
State Or Province: FL
Postal Code: 34997
Subdivision Name: GOLDEN GATE
Area: 6070 - Stuart - South of Indian St
Parcel Number: 373841007054000202
Zoning: Residential
Directions: US to Indian Street East, Right on Ferndale, HOL.
General Property Information
Number Of Units Total: 2
Living Area Main: 2616
Lot Size Dimensions: 58.0 ft x 58.0 ft
Lot Size Area: 5793
Senior Community YN: No
Stories: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 2176
Building Area Source: Public Records
Year Built: 1972
Lot Size Acres: 0.13
Office/Member Information
DXORIGMLSID: RML
Association Amenities
None: 1
Electric
Three Phase: 1
Flooring
Ceramic Tile: 1
Vinyl: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Tenant Pays
Cable TV: 1
Electricity: 1
Sewer: 1
Water: 1
Possession
Close Of Escrow: 1
Sewer
Septic Tank: 1
Utilities
Cable Available: 1
Water Available: 1
Heating
Central Individual: 1
Electric: 1
Water View
Pond: 1
Construction Materials
CBS: 1
Listing Terms
Owner Will Carry: 1
Lot Features
Fruit Tree(s): 1
Roof
Composition: 1
Water Source
Public: 1
Waterfront Features
Pond: 1
Income and Expenses
Annual Total Expense: 4422.43
Gross Income: 19200
Net Operating Income: 14777.57
Source Of Expenses
Owner Provided: 1
Cooling
Attic Fan: 1
Ceiling Fan(s): 1
Central Individual: 1
Showing Requirements
Appointment Only: 1
Call Owner: 1
Occupied: 1
Restrictions
Buyer Approval Required: 1
Tax Information
County Only: 1
Contingencies
Inspection: 1
Unit 1 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 725
Baths Full: 1
Baths Half: 1
Beds Total: 2
Furnished: Partially
SqFt: 1258
Unit 1 Lease Description
Lease Expiration: 2017-02-28
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 1 Parking Details
Carport YN: Yes
Attached Carport YN: Yes
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 775
Baths Full: 1
Baths Half: 1
Beds Total: 2
Furnished: Partially
SqFt: 1358
Unit 2 Lease Description
Lease Expiration: 2017-03-31
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Details
Carport YN: Yes
Attached Carport YN: Yes
Unit 2 Rooms
Kitchen: 1
Unit 3 Details
Actual Rent: 0
SqFt: 0
Unit 4 Details
Actual Rent: 0
SqFt: 0
Price Calculations
Current Price To SqFt: 65.36
Original List Price To Close Price: 0.98
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 2393.43
Tax Year: 2015
Tax Legal Description: GOLDEN GATE NLY 57.9' OF LOTS 2, 4, 6 & 8, BLK 54
Status Change Information
Major Change Timestamp: 2016-04-27T21:03:40Z
Major Change Type: Status Change
Status Change Date: 2016-04-27
Under Contract Date: 2016-03-31
Close Date: 2016-04-27
Close Price: 171000
Originating Details
Originating System Key: 20160320190416720393000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Copy Of Lease(s)
Electric: Three Phase
Flooring: Ceramic Tile; Vinyl
Property Condition: Resale
Tenant Pays: Cable TV; Electricity; Sewer; Water
Source Of Expenses: Owner Provided
Construction Materials: CBS
Cooling: Attic Fan; Ceiling Fan(s); Central Individual
Heating: Central Individual; Electric
Listing Terms: Owner Will Carry
Lot Features: Fruit Tree(s)
Possession: Close Of Escrow
Restrictions: Buyer Approval Required
Roof: Composition
Sewer: Septic Tank
Tax Information: County Only
Utilities: Cable Available; Water Available
Water Source: Public
Water View: Pond
Waterfront Features: Pond
Showing Requirements: Appointment Only; Call Owner; Occupied
Unit 1 Appliances: Dryer; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Dryer; Range; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Rooms: Kitchen
Contingencies: Inspection
Acreage Description: Less Than 1/4 Acre Lot
Supplements
Total potential annual income for both properties is $40,800.00
Listing Office: Real Estate of Florida
Last Updated: August - 06 - 2026
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