3518 SE Cleveland St, Stuart, FL 34997
SOLDJAN 19, 2024

3518 SE Cleveland St
Stuart, FL 34997

Port Salerno
  • 4 Beds
  • 4 Baths
  • 1,714 sqft
  • 4 Beds
  • 4 Baths
  • 1,714 sqft

$430,000

Last Sold: Jan 19, 2024
9% below list $475K
$251/sqft
Est. Refi. Payment $2,636/mo*

Homes for Sale Near 3518 SE Cleveland St

Local Information

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

Description

This property is no longer available to rent or to buy. This description is from January 29, 2024
Please do not disturb tenants. Salerno quadruplex located on a tranquil and secluded lot. Nestled up against undeveloped County owned land, this 0.179-acre lot has it’s own private road and feels much larger when you are standing on it. The rents are currently at $1,000, $1,000, and $1,200 and could easily be raised by a new owner as they are all month to month. The fourth unit is owner occupied and upon closing will be available for a new buyer to move into or lease up for a 7.72% pro forma cap rate. If desired, the owner’s unit can be easily combined with an adjoining unit to transform the property into a Triplex with a spacious 2bd/2ba unit, and two 1bd/1ba units. This property is a short drive to US 1, Interstate 95, Dixie Highway, and walking distance to a nearby grocery plaza and convenience stores. The Salerno neighborhood has been experiencing a modern renaissance and offers easy access to Sandsprit Park, Manatee Pocket, world class golf courses and much more.

Home Highlights

Parking
No Info
Outdoor
No Info
View
No Info
HOA
None
Price/Sqft
$251/sqft
Listed
100 days ago

Home Details for 3518 SE Cleveland St

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4
Dimensions and Layout
Living Area: 1714 Square Feet
Heating & Cooling
Heating: Wall FurnaceHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Wall Furnace

Exterior Features

Frontage
Not on Waterfront

Property Information

Year Built
Year Built: 1968
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family
Building
Construction Materials: Frame
Property Information
Condition: ResaleParcel Number: 513841001187000118

Price & Status

Price
List Price: $475,000Price Per Sqft: $251/sqft
Status Change & Dates
Off Market Date: Fri Jan 19 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: StuartCommunity: Port Salerno

Building

Building Area
Building Area: 1714 Square Feet

Community

Community Features: Non-GatedNot Senior Community

HOA

HOA Fee Includes: NoneAssociation for this Listing: Martin CountyNo HOA

Lot Information

Lot Area: 7797.24 sqft

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 3Transaction Broker Commission: 0
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: M20043087Living Area Range Units: Square FeetAttribution Contact: 772-286-6292

Additional Information

Non-Gated
Last check for updates: about 13 hours ago
Listed by Reid Armor, (772) 631-4248
NAI Southcoast
Bought with: Ray Reid, (954) 801-2044, WALL STREET REALTY INC
Originating MLS: Martin County
Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS#M20043087

Price History for 3518 SE Cleveland St

DatePriceEventSource
01/19/2024$430,000Sold
Martin County REALTORS® of the Treasure Coast (MCRTC) #M20043087
11/10/2023$475,000PriceChange
Martin County REALTORS® of the Treasure Coast (MCRTC) #M20040380
09/29/2023$499,000PendingMartin County REALTORS® of the Treasure Coast (MCRTC) #M20040380
09/06/2023$499,000PriceChange
Martin County REALTORS® of the Treasure Coast (MCRTC) #M20040380
08/21/2023$519,000PriceChange
Martin County REALTORS® of the Treasure Coast (MCRTC) #M20040380
07/28/2023$495,000Listed For SaleMartin County REALTORS® of the Treasure Coast (MCRTC) #M20040380
03/24/2022$280,000Sold
BeachesMLS #F10314979
01/28/2022$299,900PendingBeachesMLS #F10314979
01/19/2022$299,900Listed For SaleBeachesMLS #F10314979
12/31/1998$13,500Sold
N/A

Property Taxes and Assessment

Year2022
Tax$4,640
Assessment$254,480
Home facts updated by county records

Comparable Sales for 3518 SE Cleveland St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.42
Multi-Family Home
$430,000
12/18/23
4
4
2,262
0.77
Multi-Family Home
$462,388
01/26/24
4
4
2,316
1.12
Multi-Family Home
$430,000
07/29/23
4
4
1,124
1.03
Multi-Family Home
$430,000
10/04/23
4
2
2,146
1.10
Multi-Family Home
$465,000
10/04/23
6
4
2,096
0.55
Multi-Family Home
$165,000
12/13/23
2
2
688
1.31
Multi-Family Home
$520,000
11/21/23
6
6
2,511
1.70
Multi-Family Home
$425,000
06/21/23
4
3
2,146

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Port Salerno

  • Ray68
    "After living in a big city most of my life I find that the somewhat sleepy Stuart has the perfect medium as it offers the small town close knit community feel of a small town but also has loads of shopping and restaurants that you would find in a larger city. Stuart/Port Salerno is also a stones throw away from awesome beaches as well as larger cities with abundant nightlife. "
    23
    Flag
  • Vwbuss1
    "I’ve not experience salerno to be a welcoming community. It’s pretty tight knit and people seem to stay to themselves. I’ve lived here 10 years and don’t know most of my neighbors."
    5
    Flag
  • Tuwanna H.
    "Need a car but close to I95, grocery store, restaurants and have great schools. Safe neighborhood, very quiet. "
    4
    Flag

LGBTQ Local Legal Protections

The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
Copyright 2024 Realtor® Association of Martin County, Inc. MLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 3518 SE Cleveland St

Off Market Homes Near 3518 SE Cleveland St

3518 SE Cleveland St, Stuart, FL 34997 is a 4 bedroom, 4 bathroom, 1,714 sqft multi-family built in 1968. 3518 SE Cleveland St is located in Port Salerno, Stuart. This property is not currently available for sale. 3518 SE Cleveland St was last sold on Jan 19, 2024 for $430,000 (9% lower than the asking price of $475,000). The current Trulia Estimate for 3518 SE Cleveland St is $435,600.