119 SW 5th St Stuart, FL 34994
Downtown Stuart Neighborhood
3
Beds
3
Baths
1,698
Sq Ft
6,251
Sq Ft Lot
Highlights
- Community Boat Facilities
- RV Access or Parking
- Central Heating and Cooling System
- Jensen Beach High School Rated A
- No HOA
- 2-minute walk to Kiwanis Youth Park at Woodlawn
About This Home
As of April 2025Exceptional Investment Opportunity – High ROI in Prime Downtown Stuart
This cash cow delivers impressive returns with a short-term rental-ready main house generating $67,319.62 annually on Airbnb alone—no other channels utilized. Additionally, a attached studio unit brings in $1,500 per month on a flexible month-to-month lease. There's even more untapped potential: a third unit could be added by converting the existing shed on a slab with electric and plumbing already in place.
Located in the heart of downtown Stuart, this property is just steps from top restaurants, bars, live music venues, and the scenic boardwalk. Even more exciting, it's right around the corner from the future Brightline high-speed rail station, set to connect Miami, Orlando, and Florida’s West Coast. A rare gem in an unbeatable location—opportunities like this don’t last.
Video: https://youtu.be/PBfLHW4oWJ0
Additional documents: https://drive.google.com/drive/folders/1gIPH30UkcLNJ5BW2yhvCjKLgd2amcrEE
Last Agent to Sell the Property
Miami Waterfront Realty Brokerage Phone: 305-970-2884 License #3249105
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,484
Year Built
- Built in 1956
Home Design
- Metal Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 1,698 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Parking
- Driveway
- RV Access or Parking
- 1 to 5 Parking Spaces
Additional Features
- 6,251 Sq Ft Lot
- Central Heating and Cooling System
Community Details
Overview
- No Home Owners Association
Recreation
- Community Boat Facilities
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | Sold | $670,000 | -0.7% | $395 / Sq Ft |
| 03/14/2025 03/14/25 | Pending | -- | -- | -- |
| 03/05/2025 03/05/25 | Price Changed | $674,700 | 0.0% | $397 / Sq Ft |
| 03/03/2025 03/03/25 | Price Changed | $674,750 | 0.0% | $397 / Sq Ft |
| 02/17/2025 02/17/25 | Price Changed | $674,800 | 0.0% | $397 / Sq Ft |
| 02/05/2025 02/05/25 | For Sale | $674,900 | +20.5% | $397 / Sq Ft |
| 03/01/2022 03/01/22 | Sold | $560,000 | 0.0% | $330 / Sq Ft |
| 01/30/2022 01/30/22 | Pending | -- | -- | -- |
| 12/21/2021 12/21/21 | For Sale | $560,000 | -- | $330 / Sq Ft |
Source: Martin County REALTORS® of the Treasure Coast
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,866 | $349,580 | $349,580 | $195,180 |
| 2023 | $6,866 | $367,650 | $367,650 | $213,254 |
| 2022 | $4,635 | $211,229 | $0 | $0 |
| 2021 | $3,796 | $192,027 | $0 | $0 |
| 2020 | $3,462 | $174,570 | $89,060 | $85,510 |
| 2019 | $3,568 | $178,500 | $89,060 | $89,440 |
| 2018 | $3,637 | $184,420 | $89,060 | $95,360 |
| 2017 | $3,056 | $166,060 | $89,060 | $77,000 |
| 2016 | $3,013 | $154,380 | $70,060 | $84,320 |
| 2015 | -- | $156,550 | $70,060 | $86,490 |
| 2014 | -- | $166,820 | $73,750 | $93,070 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $60,457 | Unknown | |
| Previous Owner | $163,948 | No Value Available | |
| Previous Owner | $28,572 | Unknown |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $560,000 | New Title Company Name | |
| Warranty Deed | $200,000 | -- | |
| Deed | $30,000 | -- |
Source: Public Records
Similar Homes in Stuart, FL
Source: Martin County REALTORS® of the Treasure Coast
MLS Number: M20048948
APN: 05-38-41-005-016-00090-5
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Ten-X 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 2025 Realtor® Association of Martin County, Inc. MLS. All rights reserved.
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