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1542 NE Dove Ave
Stuart, FL 34994
Asking Price
$999K
Asset Type
Residential Land
Class
Class B
What's Special
Value-Add Opportunity | 0.65 acres <ul><li>Existing rental income of $1,200/month</li><li>Four vacant lots with future income potential</li><li>Opportunity to expand cash flow through additional rental units (subject to approvals)</li><li>No HOA restrictions</li><li>Located in an established residential community</li><li>Minutes from shopping, dining, parks, beaches, and downtown districts</li><li>Convenient access to US-1</li></ul>
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NOI
$80,000
Cap Rate
8.01%
DSCR
1.35
Strong
Cash-on-Cash
6.90%
Monthly Payment
$4,942.507
Annual Cash Flow
$20,689.917
