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    6236 SE Monticello Ter, Unit 7-C Hobe Sound, FL 33455

    View on Map
    Sponsored
    For Sale
    Under Contract
    $299,900

    MULTI_FAMILY - Other - Hobe Sound, FL

    Property size:
    1,128 SF
    Lot size:
    0.05 Acres
    Days on Market:
    18
    Last Refresh:
    Mar 16 at 2:06 pm

    Property Features for 6236 SE Monticello Ter

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Residential
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 2, Laundry Room, Bedroom 1
    Bedrooms
    2
    Bathrooms
    2
    APN
    343842092007000737
    Parking features
    Assigned
    Patio and Porch features
    Patio
    Pets allowed
    Yes, Number Limit, Size Limit
    Interior features
    Bar, Bedroom Layout - Split, High Ceilings
    Appliances
    Electric Water Heater, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Water Heater
    Size
    1,128 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Expense value
    200
    Expense
    Application Fee
    Expense freq.
    One Time

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Ceiling Fan(s), Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1990
    Floors in Building
    1
    Building materials
    CBS
    Roof type
    Composition, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Dawn Van Dyke
    Dawn Van Dyke

    RE/MAX of Stuart (772) 288-1111

    Listing agent Dawn Van Dyke (772) 288-1111 License #3035027

    Listing date Feb 26, 2026

    MLS# R11161359 Listing URL

    Copyright © 2026 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Move-in Ready Villa in Hobe

    This move-in ready villa, featuring 2 bedrooms and 2 bathrooms, is located in Jefferson Corners within Heritage Ridge. The light and bright villa includes an updated kitchen equipped with white cabinetry, marble countertops, newer appliances, and a beverage refrigerator. Tile flooring extends throughout the 1,128 square foot property, providing easy maintenance. Sliding glass doors from the primary bedroom, guest bedroom, and kitchen offer access to a large screened patio, suitable for relaxation and entertaining. The patio also features a convenient exterior storage unit. The guest bedroom is equipped with a Murphy bed, allowing flexible use as a home office or guest space. Additional features include a new roof and negotiable furnishings. Residents have access to a community pool, spa, tennis courts, and pickle ball courts. The property is situated on a 0.05-acre lot and is located near golf courses, beaches, and shopping areas in Hobe Sound, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hobe Sound
    County
    Martin
    State
    Florida
    Longitude
    -80.170492
    Latitude
    27.113492

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    FAQs

    What type of property is this?
    Single family property - Updated 2BR/2BA villa with community amenities near beaches and shopping.
    Where is this single family property located?
    The property is located at 6236 SE Monticello Ter, Unit 7-C Hobe Sound, FL.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Move-in ready 2 bedroom, 2 bath villa with **updated kitchen** featuring white cabinetry, marble countertops, newer appliances, and beverage refrigerator.; - Enjoy the **large screened patio** accessible from the primary bedroom, guest bedroom, and kitchen, complete with exterior storage.; - Tile flooring throughout ensures easy maintenance.
    (772) 349-1231
    Request Owner's contact information
    6236 SE Monticello Ter, Unit 7-C Hobe Sound, FL 33455
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    Hobe Sound, FL 33455
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6236 SE Monticello Ter, Unit 7-C Hobe Sound, FL 33455
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    We can help!
    Listing Contact
    Dawn Van Dyke
    Dawn Van Dyke
    Real Estate License ID: 3035027
    (772) 349-1231 (772) 288-1111 (772) 245-6611
    Learn more
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