2593 SE Indian Street, Stuart, FL 34997
Built in 2007, this full duplex offers two 3-bedroom, 2-bath units with 1-car garages on a large lot.
- 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
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Stuart
- County
- Martin
- State
- Florida
- Longitude
- -80.2183488
- Latitude
- 27.169619