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    CBS Duplex With Garages Title is generated by Realmo AI

    2593 SE Indian Street, Stuart, FL 34997

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    Built in 2007, this full duplex offers two 3-bedroom, 2-bath units with 1-car garages on a large lot.

    Type:Multifamily
    Property size:
    2,738 SF
    Price / SF:
    $218/SF
    Added:
    Jan 30, 2026
    Days on Market:
    142
    Last Refresh:
    Jun 20 at 6:45 am

    Property Features for 2593 SE Indian Street

    General Information

    Standard status
    Active
    Size
    2,738 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    2007

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    Listing Contact
    Patrick Stracuzzi

    Listing agent Patrick Stracuzzi

    Listing office RE/MAX Community

    Listing date Jan 30, 2026

    Source Crexi

    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 RE/MAX Community

    HighLights

    • CBS full duplex built in 2007 with two 3‑bedroom, 2‑bath units, each with a 1‑car garage
    • Large lot with an extra‑long driveway
    • Month‑to‑month tenants in place
    • Washer/dryer hookup on the side
    • City water and city sewer, and no HOA

    Overview

    This CBS full duplex was built in 2007 and is configured as two separate residential units, with each side offering 3 bedrooms and 2 bathrooms plus a 1-car garage. The property includes an extra long driveway and a washer/dryer hookup on the side. City water and city sewer service are in place. The duplex is described as having month-to-month tenants. The listing notes there is no HOA.

    The property is located at 2593 SE Indian Street in Stuart, Florida. The site includes a large lot and an extra long driveway intended to support parking and everyday access.

    For buyers seeking an income-producing residential structure with unit-level garages, this duplex offers a straightforward two-unit layout with shared lot amenities. Because the units are occupied on a month-to-month basis, showings are scheduled only after an executed/bilateral contract with a 7-day inspection. The listing also requests that the property not be walked and that tenants not be disturbed.

    Local Financial Insights For Multifamily LT 5

    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 $60.8k $22.20
    − Vacancy −$3.3k −$1.22
    EGI $57.4k $20.98
    − OpEx −$17.2k −$6.29
    NOI $40.2k $14.69
    2,738 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $574.4K
    $502.6K – $670.1K (±1% cap)
    NOI $40,208 @ 7.0% cap · market cap 6.71%
    Second Best
    Apartment 5plus
    $477.4K
    $417.7K – $557.0K (±1% cap)
    NOI $33,419 @ 7.0% cap · market cap 5.58%
    Theoretical Best
    Retail
    $719.3K
    $629.4K – $839.2K (±1% cap)
    NOI $50,351 @ 7.0% cap · market cap 8.41%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Veronica Gallegos Housing Complex

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.2183488
    Latitude
    27.169619

    FAQs

    What type of property is this?
    Duplex - Built in 2007, this full duplex offers two 3-bedroom, 2-bath units with 1-car garages on a large lot.
    Where is this duplex located?
    The property is located at 2593 SE Indian Street Stuart, FL.
    What is the asking price?
    The asking price for this property is $598,800.
    What are key features of this property?
    This property features: CBS full duplex built in 2007 with two 3‑bedroom, 2‑bath units, each with a 1‑car garage; Large lot with an extra‑long driveway; Month‑to‑month tenants in place
    More about this property
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