516 NW North River Drive Stuart, FL $ 749,000
516 NW North River Drive
$ 749,000
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516 NW North River Drive

Stuart, FL, 34994
$ 749,000
Baths4.0 Sq 2,748

Monthly Estimate*

$ 4,612

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Studio

Multi-Family Home for sale in Stuart, FL

for $749,000 with 4 full baths. This 2,748 square foot home was built in 2007 on a lot size of 0.1.

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

$ 749,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,063

Style

Lot Size

0.1

Year Built

2007

Town/City

Stuart

County/Region

Martin

MLS | Web ID

R11160869

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Ceiling Fan(s)
Utilities Cable Available Sewer Available Water Available
Roof Aluminum Metal
Patio/Porch Features Covered Deck Open Balcony
Construction Materials Block
Year Built 2007
Electric 3 Phase
Tenant Pays Cable TV Electricity Insurance Sewer Water
Stories Count 2
Levels Two
Property Subtype Duplex
Tax Year 2025
Gross Income 0
Waterfront Features None
County Martin
Net Operating Income 0
New Construction false
Property Type Residential Income
Association Amenities Playground Park Trail(s)
Subdivision Name RIVERSIDE PARK
Status Active
Directions Dixie to Australian head West; Drive to end of road; House is on left side on corner of Australian and North River Drive.
High School Jensen Beach
City Stuart
Senior Community Y/N false
Number Of Units Total 2
MLS Area 6030 - Jensen Beach/Stuart - North of Roosevelt Br
Elementary School Felix A. Williams
Tax Annual Amount 10063.1
Middle/Junior High School Stuart
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/516-NW-North-River-Drive-Stuart-FL-34994--RX-11160869/unbranded
Standard Status Active
Property Sub Type Additional Duplex
Legal Description N 50' OF UNPLATTED PART OF BLK E RIVERSIDE PARK PARK S/D
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Interior
Flooring Ceramic Tile Wood
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Total Baths 4
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Exterior
Exterior Amenities Balcony Outdoor Living Area
Lot Features < 1/4 Acre
Water Source Public
Lot Size Area 4500
Building Area Total 3472
Lot Size Acres 0.1
Waterfront Y/N false
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* Excluded Features
List By
Candace Erin Ortiz

Listing Agent

Affordability Calculator

$5,450
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,612
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
4679076 Elementary School
4617173 Middle School
Jensen Beach High School High School
Pricing History
Date Price Price Change Description
3/19/2026 $749,000 -21.16% Price Down
3/3/2026 $950,000 Listed Price

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516 NW North River Drive, Stuart, FL, 34994 is a Multi-Family Home for sale at $749,000 with 2,748 sqft and a lot size of 0.1. 516 NW North River Drive is a studio with 4.0 baths and was built in 2007. The property's zip code is 34994 which is in Stuart, FL