514 NW Stuart Avenue, Stuart, FL 34994
OFF MARKET

514 NW Stuart Avenue
Stuart, FL 34994

Bahama Terrace
  • 7 Beds
  • 4 Baths
  • 2,760 sqft (on 0.25 acres)

$887,900

Trulia Estimate
as of May 17, 2026
Est. Refi. Payment $5,736/mo*

$887,900

Trulia Estimate
as of May 17, 2026
Est. Refi. Payment $5,736/mo*
7 Beds
4 Baths
2,760 sqft
(on 0.25 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Attention Investors! Welcome to your next investment opportunity nestled in the highly desirable North River Shores Area of Riverside Park! This property offers the perfect blend of home living and rental income potential with three separate units. The rental units are currently occupied on varying lease terms, providing flexibility for new ownership. Each unit boasts its own unique layout. The 3-bedroom unit is currently utilized as a successful VRBO rental (avg $3,000/month) and comes fully furnished w/ a large fenced in yard. Both 2/1's have annual tenants paying $2400/mo and $2100/mo., the detached yellow unit is fully furnished and has a large fenced in yard, offering a seamless turnkey investment opportunity. Convenience is key in this prime location, situated just behind the Talkhouse and The Deck Restaurant. Residents can easily stroll or bike to popular local spots like Sailors Return and Gilberts Coffee House, as well as numerous marinas. Plus, downtown Stuart is just a stone's throw away. The CRA has recently approved a 2.1 million dollar improvement project for Riverside park which will include adding sidewalks, on street parking, crosswalks, streetlights and landscaping. The property presents multiple opportunities for savvy investors, whether it's maximizing rental income from the existing units or exploring the potential to develop further on the four available lots. With zoning permitting up to a three-story structure reaching a maximum height of 35 feet, the possibilities are endless. Built to last, all units feature sturdy concrete block construction and metal roofs (2004 approx), ensuring durability and low maintenance. Recent property improvements include fresh exterior and interior paint on the entire property, newer a/c (split) and remodeled bathroom in the cottage and 3 bed unit, pink cottage replumbed and a new fence on the West side of the property. Each unit has its own electric and water meters, as well as interior laundry facilities, enhancing tenant convenience and utility management. There is plenty of off-street parking for all 3 units. Don't miss out on this rare chance to own a prime income-producing property in a sought-after location. Whether you're an investor or looking for a home with supplemental rental income, this property checks all the boxes. Schedule your showing today and seize the opportunity to make this property your own!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from February 28, 2026

Home Highlights

Parking
No Info
Outdoor
No Info
View
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 514 NW Stuart Avenue

Interior Features

Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 4
Dimensions and Layout
Living Area: 2760 Square Feet
Appliances & Utilities
Utilities: Cable Available, Sewer Available, Water Available
Heating & Cooling
Heating: Central,Individual,Wall FurnaceHas CoolingAir Conditioning: Central Air,Electric,Wall/Window Unit(s)Has HeatingHeating Fuel: Central
Gas & Electric
Electric: 3 Phase
Windows, Doors, Floors & Walls
Window: Blinds, DrapesFlooring: Ceramic Tile, Laminate
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Ceramic Tile, Laminate

Exterior Features

Exterior Home Features
Roof: MetalFencing: FencedNo Private Pool
Frontage
Waterfront: NoneNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 109

Property Information

Year Built
Year Built: 1981
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex, Multi Family, Multi FamilyStructure Type: TriplexArchitecture: Triplex
Building
Construction Materials: BlockNot a New Construction
Property Information
Condition: ResaleParcel Number: 323741004005003608

Price & Status

Price
List Price: $799,000
Status Change & Dates
Off Market Date: Mon Dec 16 2024Possession Timing: Close Of Escrow, Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: StuartCommunity: RIVERSIDE PARK
School Information
Elementary School: Felix A. WilliamsJr High / Middle School: StuartHigh School: Jensen Beach

Building

Building Area
Building Area: 2760 Square Feet

Community

Not Senior CommunityUnits in Building: 3

HOA

Association for this Listing: BeachesMLSNo HOA

Lot Information

Lot Area: 0.25 acres

Listing Info

Special Conditions: Listed As-Is

Offer

Contingencies: Appraisal, Financing, InspectionListing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Business

Expense
Tenant Pays: None

Miscellaneous

Mls Number: R11038909Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12085-N-323741004005003608-R-N

Additional Information

HOA Amenities: ParkDays On Market Replication: 26
Last check for updates: about 5 hours ago
Listed by Candace Erin Ortiz, (561) 685-7368
Serhant
Veronica Russo, (561) 371-7277
Serhant
Bought with: Lisa Gonzalez, (561) 310-2886, Keller Williams Realty Jupiter
Co-Buyer's Agent: Lisa Gonzalez, (561) 310-2886, Keller Williams Realty Jupiter
Originating MLS: BeachesMLS
Source: BeachesMLS, MLS#R11038909

Price History for 514 NW Stuart Avenue

DatePriceEventSource
10/02/2025$2,400ListingRemovedBeachesMLS #R11078890
08/19/2025$2,400PriceChange
BeachesMLS #R11078890
07/22/2025$2,200PriceChange
BeachesMLS #R11078890
05/02/2025$2,600PriceChange
BeachesMLS #R11078890
04/06/2025$2,800Listed For RentBeachesMLS #R11078890
02/07/2025$785,000Sold
BeachesMLS #R11038909
12/11/2024$14,000ListingRemovedBeachesMLS #R11023386
11/26/2024$14,000PriceChange
BeachesMLS #R11023386
11/22/2024$3,800PriceChange
BeachesMLS #R11023386
11/20/2024$799,000Listed For SaleBeachesMLS #RX-11038909
11/18/2024$2,650PriceChange
BeachesMLS #R11023386
10/23/2024$799,000ListingRemovedBeachesMLS #RX-11000370
10/23/2024$2,950PriceChange
BeachesMLS #R11023386
10/23/2024$799,000PendingToActiveBeachesMLS #RX-11000370
10/15/2024$799,000PendingBeachesMLS #RX-11000370
09/24/2024$3,000Listed For RentBeachesMLS #R11023386
06/29/2024$799,000Listed For SaleBeachesMLS #RX-11000370
05/13/2024ListingRemovedBeachesMLS #R10970160
05/02/2024ListingRemovedBeachesMLS #RX-10971617
04/18/2024$2,150PriceChange
BeachesMLS #R10970160
04/08/2024$2,200PriceChange
BeachesMLS #R10970160
03/29/2024$2,250PriceChange
BeachesMLS #R10970160
03/25/2024$799,000Listed For SaleBeachesMLS #RX-10971617
03/19/2024$2,350Listed For RentBeachesMLS #R10970160
11/03/2022ListingRemovedZillow Rental Network_1
09/12/2022$630,000Sold
N/A
12/19/2012$198,000Sold
Martin County REALTORS® of the Treasure Coast (MCRTC) #M364671
07/05/2002$190,000Sold
N/A
09/22/1993$128,900Sold
N/A
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Property Tax and Assessment

Year2025
Tax$12,329
Assessment$834,120
Home facts updated by county records

Comparable Sales for 514 NW Stuart Avenue

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2.61
Multi-Family Home
$345,000
03/12/26
2
2
1,525

Assigned Schools

These are the assigned schools for 514 NW Stuart Avenue.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Bahama Terrace

  • Trulia User
    "It’s a quiet friendly neighborhood. There is a lot of shops nearby. Downtown Stuart is minutes away. "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 514 NW Stuart Avenue

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All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Homes for rent near 514 NW Stuart Avenue

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Off Market Homes Near 514 NW Stuart Avenue

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Explore by feature

514 NW Stuart Avenue, Stuart, FL 34994 is a 7 bedroom, 4 bathroom, 2,760 sqft multi-family built in 1981. 514 NW Stuart Avenue is located in Bahama Terrace, Stuart. This property is not currently available for sale. 514 NW Stuart Avenue was last sold on Feb 7, 2025 for $785,000 (2% lower than the asking price of $799,000). The current Trulia Estimate for 514 NW Stuart Avenue is $887,900.