860 River Shores Boulevard ,Multi Family for Sale & Rent

860 River Shores Boulevard for Sale & Rent

Price $1,750,000.00

• Lot size 0
• Year Build 1977
• Waterfront
• Zip 34994
• Style
• Parking Description Common
• Pool Yes
• Status Active With Contract

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. $147,000. Operating expenses approx. $35,000. NOI approx. $112,000. 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 (2015); patio screen enclosure (2015); hurricane-impact windows and doors (2015); 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.

NORTH RIVER SHORES SEC 6 LOT 2 & W 2' OF LOT 3 BLK 27

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. $147,000. Operating expenses approx. $35,000. NOI approx. $112,000. 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 (2015); patio screen enclosure (2015); hurricane-impact windows and doors (2015); 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.

City:Stuart,Cooling:1:Central Air,2:Electric,Country:US,Heating:1:Electric,List A O R:T-Martin County,Stories:1,Tax Year:2025,Flooring:1:Vinyl,Latitude:27.2176318,Cooling Y N:1,Heating Y N:1,List Price:1750000,Listing Id:T20056743,Longitude:-80.2645736,Mls Status:Active With Contract,Year Built:1977,Directions:From downtown Stuart, north over the Roosevelt Bridge on US-1. West into North River Shores. 860 NW North River Shores Blvd is in the neighborhood west of US-1, Stuart / Jensen Beach line. GPS: 860 NW N River Shores Blvd, Stuart, FL 34994.,Inclusions:Building & Land,Postal Code:34994,Street Name:River Shores Boulevard,Coordinates:1:27.2176318,Gross Income:147000,Photos Count:17,Days On Market:73,Lot Size Acres:0.517,Lot Size Units:Square Feet,M I A M I R E_ Area:6030,On Market Date:2026-08-29,Other Expense:7862,Parcel Number:303741011027000209,Parking Total:12,Property Type:Commercial Sale,Stories Total:1,Street Number:860,Public Remarks: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. $147,000. Operating expenses approx. $35,000. NOI approx. $112,000. 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 (2015); patio screen enclosure (2015); hurricane-impact windows and doors (2015); 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.,Structure Type:1:Multi Family,County Or Parish:Martin County,Expiration Date:2026-12-31,List Office Name:Tucker Realty LLC,Standard Status:Active Under Contract,Living Area Units:Square Feet,Property Sub Type:Multi Family,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:11510,Unparsed Address:860 NW River Shores Boulevard, Stuart FL 34994,Building Features:1:Laundry Facilities,2:No Lawn Sprinklers,Listing Agreement:Exclusive Right To Sell,Operating Expense:35000,Security Features:1:TV Camera,Year Built Details:Resale,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ For Sale Y N:1,M I A M I R E_ Price Acre:3384912,Original List Price:1999000,Previous List Price:1799000,I D X Participation Y N:1,M I A M I R E_ Num Tenants:7,Net Operating Income:112000,Syndication Remarks: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. $147,000. Operating expenses approx. $35,000. NOI approx. $112,000. 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 (2015); patio screen enclosure (2015); hurricane-impact windows and doors (2015); 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.,Listing Contract Date:2026-08-29,Originating System I D:miamire,Showing Instructions:Call Listing Agent,Street Number Numeric:860,Tax Legal Description:NORTH RIVER SHORES SEC 6 LOT 2 & W 2' OF LOT 3 BLK 27,M I A M I R E_ Current Price:1750000,M I A M I R E_ Milesto Beach:8,Construction Materials:1:Sheet Rock,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Street View Param:1$27.217718$-80.264599$266.61$13.33$1.00$QIKXZs3qZ7lYhaNV9xFb3g,Contract Status Change Date:2026-10-12,Operating Expense Includes:1:Other,2:Personal Property Tax,3:Insurance,4:Manager,5:Repairs & Maintenance,6:Trash,Number Of Full Time Employees:1,M I A M I R E_ Maintenance Includes:1:Common Area,2:Laundry Facilities,3:Pest Control Interior,4:Water,Internet Entire Listing Display Y N:1,