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Centrally Located Duplex Income Property

3365 SE Garden Street # 3365 Stuart, FL 34997

3365 SE Garden Street # 3365, Stuart, FL, 34997
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For Sale
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Duplex with two individually metered units, each offering three bedrooms and washer/dryer hookups.

Property Size2,146 SF
Price / SF$260.95
Days on Market89

Property Features for 3365 SE Garden Street # 3365

General Information

Standard status
Active
Size
2,146 SF
Property subtype
Multifamily

Building Details

Year Built
1979
Listing agency Landmark investments & Real Estate
Listed by Mel Robinson · License #BK3023330
Source Crexi
Added: Apr 24 Updated: Jul 21 at 2:07PM Checked: Jul 21 at 2:07PM

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 Landmark investments & Real Estate


Investment Insights

Based on property information with market context.

This centrally located duplex includes two separate units, with individual meters for water, sewer, and electric. Each unit is configured as three bedrooms and one bathroom and includes washer and dryer hookups. The property also features a metal roof.

The duplex is located in Stuart, Florida and is described as being close to Cleveland Clinic, parks, shopping, golf courses, restaurants, and other businesses and recreational facilities.

Unit 3375 was freshly painted prior to the start of the lease on 3/21/2026, and each unit has an identified monthly rent in the listing remarks. Please do not disturb tenants.

Key Highlights

  • 1979‑built duplex in Stuart, FL with two units, each offering 3 bedrooms and 1 bathroom
  • Metal roof
  • Each unit is individually metered for water, sewer, and electric

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 $47.6k $22.20
− Vacancy −$2.6k −$1.22
EGI $45.0k $20.98
− OpEx −$13.5k −$6.29
NOI $31.5k $14.69
2,146 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$450.2K
$393.9K – $525.3K (±1% cap)
NOI $31,515 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$374.2K
$327.4K – $436.6K (±1% cap)
NOI $26,193 @ 7.0% cap · market cap 4.68%
Theoretical Best
Retail
$563.8K
$493.3K – $657.7K (±1% cap)
NOI $39,464 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Pharmacy HVAC Service Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store

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

FAQs

What type of property is this?
Duplex - Duplex with two individually metered units, each offering three bedrooms and washer/dryer hookups.
Where is this duplex located?
The property is located at 3365 SE Garden Street # 3365 Stuart, FL.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: 1979‑built duplex in Stuart, FL with two units, each offering 3 bedrooms and 1 bathroom; Metal roof; Each unit is individually metered for water, sewer, and electric
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