Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Tierra Verde Condo with Lanai Title is generated by Realmo AI

    1900 S KANNER Hwy 5-204, Stuart, FL 34994

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $60,000

    Charming 2-bedroom condo with lanai and community amenities.

    Type:Commercial
    Property size:
    1,032 SF
    Price / SF:
    $58/SF
    Added:
    Apr 24, 2026
    Days on Market:
    16
    Last Refresh:
    Apr 24 at 3:56 pm

    Property Features for 1900 S KANNER Hwy 5-204

    General Information

    Standard status
    Active
    Size
    1,032 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1969

    We can help!

    Listing Contact
    Roxan Jarvis

    Listing agent Roxan Jarvis

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Roxan Jarvis

    HighLights

    • Move‑in ready, 2‑bedroom, 2‑bathroom condominium in the desirable Tierra Verde community.
    • Enjoy Florida weather on the expansive 7x27 ft screened lanai.
    • Steps from the community pool with access to top‑tier amenities: clubhouse, fitness center, and shuffleboard.
    • Monthly condo fee covers essential services: water, sewer, trash, cable, and exterior maintenance.
    • Split‑bedroom floor plan provides privacy, complemented by an in‑unit washer.
    • Conveniently located in Stuart, minutes from local beaches and dining.

    Overview

    This second-floor condominium in the Tierra Verde community features 2 bedrooms and 2 bathrooms. The unit spans 1,032 square feet and includes a spacious living area that opens to an expansive 7x27 ft screened lanai. The split-bedroom floor plan provides privacy, and an in-unit washer adds convenience. Residents have access to community amenities, including a clubhouse, fitness center, and shuffleboard, and the property is located steps from the community pool. The monthly condo fee covers water, sewer, trash, cable, and exterior maintenance. Constructed with CBS, this home is located in Stuart, minutes from local beaches and dining. The property is move-in-ready and suitable as a seasonal retreat or a permanent residence. The bike score is 60, indicating it is bikeable, and the walk score is 65, indicating it is somewhat walkable.
    Location Intelligence

    Current Use by Public Records

    Tierre Verde Condominium ... Condominium Complex ACME Aluminum, LLC Construction Company Allore Photography LLC Photography Service

    Suggested Use

    Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.2553624
    Latitude
    27.1815253

    Nearby Similar for Sale

    • $11,500,000
      6,400 SF

      Prime Retail Space in Stuart

      Exceptional investment opportunity in a high-visibility location.
      250 SW Monterey Road, Stuart, FL 34994
      View Details
    • $550,000

      Plant Nursery Land For Sale

      2.35 acres zoned A1-A Agricultural, operating as plant nursery.
      1005 SE Ponderosa Road, Stuart, FL 34997
      View Details
    • $550,000

      Plant Nursery Land For Sale

      4.65 acres operating as plant nursery in Stuart, Florida.
      1025 SE Ponderosa Road, Stuart, FL 34997
      View Details
    • $1,750,000

      Renovated Multi-Use Commercial Property

      Renovated multi-use building with flexible layout for various uses.
      416 SE Flamingo Avenue, Stuart, FL 34996
      View Details
    • $1,590,000
      1,500 SF

      Waterfront Commercial Property on Dixie Hwy

      Waterfront commercial property with high traffic exposure near downtown Stuart.
      4575 SE Dixie Highway, Stuart, FL 34997
      View Details
    • $525,000
      2,262 SF

      Income-Producing Duplex in Stuart, FL

      Well-maintained duplex near beaches, shopping, and dining in Stuart.
      2705 SE Ellendale Street, Stuart, FL 34997
      View Details
    • $469,900
      703 SF

      Office Space in Stuart, Florida

      Premium office space in waterfront luxury condominium, new construction.
      41 SW Seminole Street, Stuart, FL 34994
      View Details
    • $950,000

      Stuart Commercial/Industrial Opportunity

      Versatile commercial space in central Stuart location.
      3173 SE Railroad Avenue, Stuart, FL 34997
      View Details
    • $598,800
      1,109 SF

      Stuart Duplex For Sale

      CBS duplex built in 2007 with strong rental demand.
      2593 SE Indian Street, Stuart, FL 34997
      View Details
    • $5,950,000

      Land For Sale, Stuart, FL

      Land available for sale in Stuart, Florida.
      Blue Water Way, Stuart, FL 34997
      View Details
    • $12,000,000
      6,400 SF

      Prime Retail Space in Stuart

      Exceptional investment opportunity in a high-visibility location.
      250 SW Monterey Rd, Stuart, FL 34994
      View Details
    • $3,000,000

      Restaurant Opportunity in Stuart, Florida

      Profitable restaurant with liquor license and outdoor seating available.
      514 NW Dixie Highway, Stuart, FL 34994
      View Details

    FAQs

    What type of property is this?
    Residential income property - Charming 2-bedroom condo with lanai and community amenities.
    Where is this residential income property located?
    The property is located at 1900 S KANNER Hwy 5-204 Stuart, FL.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: Move‑in ready, 2‑bedroom, 2‑bathroom condominium in the desirable Tierra Verde community.; Enjoy Florida weather on the expansive 7x27 ft screened lanai.; Steps from the community pool with access to top‑tier amenities: clubhouse, fitness center, and shuffleboard.
    (863) 698-5630
    We can help!
    Listing Contact
    Roxan Jarvis
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1900 S KANNER Hwy 5-204, Stuart, FL 34994
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!