Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Vacant Triplex in Golden Gate Title is generated by Realmo AI

    3162 SE Hawthorne St, Stuart, FL 34997

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Vacant triplex with immediate lease-up potential in Stuart's Golden Gate.

    Type:Multifamily
    Property size:
    1,546 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $320/SF
    Added:
    Mar 6, 2026
    Days on Market:
    68
    Last Refresh:
    Mar 16 at 3:17 pm

    Property Features for 3162 SE Hawthorne St

    General Information

    Standard status
    Active
    Size
    1,546 SF
    Lot size
    0.20 Acres
    Property subtype
    Multifamily

    Building Details

    Year Built
    1990

    We can help!

    Listing Contact
    Christopher Lundstrom

    Listing agent Christopher Lundstrom License #3284747

    Listing office Lundstrom & Company

    Listing date Mar 6, 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 Lundstrom & Company

    HighLights

    • Vacant Triplex: Immediate lease‑up potential, set market rents, and select tenants.
    • Strong Rental Market: Located in the Golden Gate area of Stuart with convenient access to amenities and employment centers.
    • Rental Upside: Comparable rents indicate solid income potential once stabilized.
    • Newer Roof: Adds long‑term value.
    • Efficient Unit Layouts: Three 1BR/1BA units with practical floor plans.
    • Rare Opportunity: Limited availability of small multifamily properties in Stuart.

    Overview

    This vacant triplex investment property is located in the Golden Gate neighborhood of Stuart. Constructed in 1990, the two-story building contains three 1BR/1BA units on an approximately 0.202 acre lot. Each unit features an efficient floor plan including a living area, kitchen, bedroom, and bath, making them suitable for long-term workforce housing tenants. The property's practical layouts support durable ownership and manageable operating costs. A newer roof adds long-term value and may help reduce near-term capital expense concerns. The property is currently fully vacant, allowing the new owner to set market rents immediately and select new tenants, providing full operational control without inherited leases. Comparable rents for 1BR units in the area indicate solid income potential once stabilized. The property benefits from convenient access to US-1, downtown Stuart, shopping, parks, and local employment centers, supporting steady rental demand for affordable housing in Martin County. The property contains 1546 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Skin Care Clinic Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.2112251
    Latitude
    27.1646334

    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?
    Triplex - Vacant triplex with immediate lease-up potential in Stuart's Golden Gate.
    Where is this triplex located?
    The property is located at 3162 SE Hawthorne St Stuart, FL.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Vacant Triplex: Immediate lease‑up potential, set market rents, and select tenants.; Strong Rental Market: Located in the Golden Gate area of Stuart with convenient access to amenities and employment centers.; Rental Upside: Comparable rents indicate solid income potential once stabilized.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Christopher Lundstrom
    Real Estate License ID: 3284747
    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
    3162 SE Hawthorne St, Stuart, FL 34997
    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!