3-Bed Half Duplex with
4503 SE Ontario Dr Stuart, FL 34997
New
4503 SE Ontario Dr, Stuart, FL, 34997
$289,500
For Sale
$289,500
MULTI_FAMILY - Stuart, FL
Property Size1,131 SF
Price / SF$255.97
Days on Market7
Property Features for 4503 SE Ontario Dr
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Rooms
- Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
- Parking
- 6
- Window features
- Blinds
- Standard status
- Active
- APN
- 403841003000009115
- Size
- 1,131 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- FISHERMANS COVE SEC 2 PHASE I LOT 91 W 1/2
- Tax Annual Amount
- 3719
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Flooring type
- Tile, Tile - Ceramic
- Building materials
- Block
- Roof type
- Shingle
Listing agency
The Keyes Company
(954) 475-9813
Listed by
Kelvin Ching · License #3298166
(954) 249-8129
Added: Jul 17 Checked: Jul 23 at 4:06AM
MLS# A12050578
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained half duplex offers 3 bedrooms and 1.5 bathrooms with durable concrete block construction. Interior features include ceramic tile flooring throughout, neutral finishes, and stainless steel appliances. The home also includes a full-size washer and dryer, and a new roof was installed in 2024.
Located in the Fisherman’s Cove community in Stuart, the property is in a no-HOA neighborhood just off Kanner Highway, providing easy access to I-95 and quick access to local shopping and conveniences.
The adjoining half duplex is also available for purchase (96 SE Norfolk Blvd, Stuart, FL 34997), offering an option for an owner to expand to two units under one ownership for rental use.
Located in the Fisherman’s Cove community in Stuart, the property is in a no-HOA neighborhood just off Kanner Highway, providing easy access to I-95 and quick access to local shopping and conveniences.
The adjoining half duplex is also available for purchase (96 SE Norfolk Blvd, Stuart, FL 34997), offering an option for an owner to expand to two units under one ownership for rental use.
Key Highlights
- 1980‑built 3‑bedroom, 1.5‑bath half duplex in the Fisherman's Cove community of Stuart
- Concrete block construction with ceramic tile flooring throughout
- Central heating and central air conditioning; electric system
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.9k | $23.76 |
| − Vacancy | −$1.8k | −$1.57 |
| EGI | $25.1k | $22.19 |
| − OpEx | −$11.3k | −$9.99 |
| NOI | $13.8k | $12.21 |
1,131 SF · lease $23.76/SF/yr · vacancy 6.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$197.2K
$172.6K – $230.1K
NOI $13,804 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$297.1K
$260.0K – $346.7K
NOI $20,799 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Well-maintained 3-bedroom, 1.5-bath half duplex with ceramic tile floors, stainless appliances, and in-unit washer/dryer.
Where is this single family property located?
The property is located at 4503 SE Ontario Dr Stuart, FL.
What is the asking price?
The asking price for this property is $289,500.
What are key features of this property?
This property features: 1980‑built 3‑bedroom, 1.5‑bath half duplex in the Fisherman's Cove community of Stuart; Concrete block construction with ceramic tile flooring throughout; Central heating and central air conditioning; electric system