516 NW North River Drive Stuart, FL $ 950,000
516 NW North River Drive
$ 950,000
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516 NW North River Drive

Stuart, FL, 34994
$ 950,000
Bedrooms3 Baths3.1 Sq 2,748

Monthly Estimate*

$ 5,849

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Multi-Family Home for sale in Stuart, FL

for $950,000 with 3 bedrooms and 3 full baths, 1 half bath. This 2,748 square foot home was built in 2007 on a lot size of 0.103306.

Key West Style CBS Home with Income-Producing Apartment in Walkable Riverside Park Welcome to a rare Key West style retreat offering unmatched flexibility, modern updates, and an income-producing bonus--all in one of Stuart's most walkable neighborhoods. This solid concrete block 3 bedroom 2 and a half bath home with a detached garage and apartment is built for peace of mind, featuring full impact windows and metal roofs on both structures. Set in the charming Riverside Park community, right next to prestigious North River Shores and just minutes from Downtown Stuart, the home provides the perfect blend of quiet residential living and vibrant city convenience.With no HOA, you have the freedom to personalize, enhance, or expand the property to match your vision.Inside, the main home impresses with a bright and airy atmosphere, 10' ceilings on the lower level, and brand-new solid wood flooring throughout. The gourmet kitchen serves as the home's centerpiece, complete with an oversized island ideal for gatherings and everyday living. Fresh interior paint, updated finishes, and inviting natural light create a move-in-ready experience. Upstairs, the generous primary suite offers a private balcony; a peaceful spot for morning coffee or evening sunsets. A major advantage is the detached 2-car garage with a fully equipped efficiency apartment above, currently tenant-occupied. With its own kitchen, full bath, and washer/dryer, it's a perfect setup for steady income, visiting guests, or a private studio/office. This desirable location is truly walkable, placing you steps away from local cafés, restaurants, specialty shops, and a waterfront park across the street with direct access to kayaking, paddleboarding, and a small dog park along the St. Lucie River. Exciting neighborhood improvements are underway including new sidewalks, on-street parking, improved crosswalks, upgraded street lighting, fresh landscaping, and resurfaced streetsadding long-term value, improved curb appeal, and exceptional walkability to the area. Unique Offering: The current owners may consider selling the adjacent home as well, giving buyers the opportunity to acquire two neighboring properties. Together, the combined parcels offer options rarely found in Stuartspace for an expanded yard, pool, additional outdoor living areas, or a multigenerational compound with multiple revenue-producing units. Experience the best of Riverside Park living with income potential, modern upgrades, and room to grow, all in one of Stuart's most desirable and up-and-coming neighborhoods.

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Multi-Family Active

Price

$ 950,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 10,063

Style

Duplex

Lot Size

0.103306

Year Built

2007

Town/City

Stuart

County/Region

Martin

MLS | Web ID

RX11160869

Features
Exterior
Lot Description < 1/4 Acre
Exterior Amenities Covered Balcony Deck Open Balcony
Waterfront No None
Private Pool Y/N No
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General
Construction CBS
Heating Central Central Building
Cooling Ceiling Fan Central
Utilities Cable Electric Public Sewer Public Water Water Available
Possession At Closing Funding
Roof Aluminum Metal
Zoning RES
HOA None
Number of Garage Spaces 2.00
Status Active
Year Built 2007
REO No
Subdivision RIVERSIDE PARK
Stories Count 2.0
Type Duplex
Property Type B
Area 3 - Jensen Beach/Stuart - North of Roosevelt Br
Auction No
Development Name NORTH RIVER SHORES
Tax Year 2025
Terms Considered Cash Conventional Will Rent
Gated Community No
Short Sale No
Restrict None
Special Info Sold As-Is
Taxes 10063.10
Middle School Stuart Middle School
Adult 55+ No Hopa
HOA/POA/COA (Monthly) 0.00
High School Jensen Beach High School
Virtual Tour https://www.propertypanorama.com/516-NW-North-River-Drive-Stuart-FL-34994--RX-11160869/unbranded
Geo Area MA03
Legal Description N 50' OF UNPLATTED PART OF BLK E RIVERSIDE PARK PARK S/D
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Interior
Flooring Ceramic Tile Wood Floor
SqFt - Living 2748.00
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Internal Only
OriginalMLSID RX-11160869
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* Excluded Features
List By
Candace Erin Ortiz

Listing Agent

Serhant

Broker

cv@serhant.com

Email

Affordability Calculator

$6,688
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,849
Monthly Property Taxes
$839
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
738976 Elementary School
738843 Middle School
Jensen Beach High School High School
Pricing History
Date Price Price Change Description
2/5/2026 $950,000 Listed Price

Map


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516 NW North River Drive, Stuart, FL, 34994 is a Multi-Family Home for sale at $950,000 with 2,748 sqft and a lot size of 0.103306. 516 NW North River Drive has 3 bedrooms, 3.1 baths, and was built in 2007. The property's zip code is 34994 which is in Stuart, FL