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3-Bed Half Duplex with Washer/Dryer

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
Listed by Kelvin Ching · License #3298166
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.

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 (±1% cap)
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 (±1% cap)
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

Suggested Use

Dental Office Building Supply Restaurant HVAC Service Electrical Service Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

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
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