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    Waterfront Duplex in Port Salerno Title is generated by Realmo AI

    4548- 4550 SE Salvatori Road, Stuart, FL 34997

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    Claim this Listing
    For Sale
    Under Contract
    $539,900

    MULTI_FAMILY - Stuart, FL

    Property size:
    2,146 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $251/SF
    Added:
    May 15, 2026
    Days on Market:
    49
    Last Refresh:
    Jul 2 at 9:06 am

    Property Features for 4548- 4550 SE Salvatori Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RES
    Bedrooms
    6
    Rooms
    Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 1, Bedroom 2
    Window features
    Drapes, Storm Window(s), Shutters
    Patio and Porch features
    Patio
    Pets allowed
    Yes, No
    Standard status
    Active Under Contract
    APN
    363841011000003510
    Size
    2,146 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    A PORTION OF LOT 35 PORT SALERNO VILLAGE PHASE ONE PB 7/65 MARTIN CO BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGIN AT THE NW CORNER OF
    Tax Annual Amount
    3225

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Ceiling Fan(s), Central Air
    Water source
    Public
    Water front
    1

    Building Details

    Year built
    1981
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    CBS, Stucco
    Roof type
    Composition, Shingle

    We can help!

    Contact an agent
    Jeffrey L Tricoli PA

    Listing agent Jeffrey L Tricoli PA License #3082942

    Listing office KW Reserve Palm Beach 9897 Lake Worth Rd., West Palm Beach, FL

    Listing date May 15, 2026

    MLS# B26029072 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex in Port Salerno Village with no HOA
    • 1,073 sq ft of living space per unit; each unit offers 3 bedrooms and 1 bathroom
    • French double doors open to a patio with canal & lake views
    • 2025 upgrades include a new water heater, refrigerator, and washer/dryer hookup, plus window treatments
    • Washer and dryer hookup for the 3rd bedroom; ceiling fans updated in 2023
    • Public utilities: public water and public sewer; electric heating and central air

    Overview

    Located in the waterfront community of Port Salerno Village with no HOA, this duplex offers 1,073 square feet of living space in each unit. Each unit features 3 bedrooms and 1 bathroom. The layout includes a dining and living area, a kitchen with appliances and storage cabinets, and bedrooms each with its own closet. The 3rd bedroom includes a laundry closet with a washer and dryer hookup. Recent upgrades in 2025 include a new water heater, refrigerator, washer and dryer hookup, and window treatments, while ceiling fans were updated in 2023. French double doors open to the patio, where residents can relax and enjoy canal and lake views. The property is situated on a 0.17-acre lot. The property contains a total of 2,146 square feet of living space. This property is zoned as RES. It is located in Stuart, Florida, with the postal code 34997, in Martin County.

    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 5.84%
    Second Best
    Apartment 5plus
    $374.2K
    $327.4K – $436.6K (±1% cap)
    NOI $26,193 @ 7.0% cap · market cap 4.85%
    Theoretical Best
    Retail
    $563.8K
    $493.3K – $657.7K (±1% cap)
    NOI $39,464 @ 7.0% cap · market cap 7.31%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.191977
    Latitude
    27.129001

    FAQs

    What type of property is this?
    Duplex - Charming duplex with canal views in Port Salerno Village.
    Where is this duplex located?
    The property is located at 4548- 4550 SE Salvatori Road Stuart, FL.
    What is the asking price?
    The asking price for this property is $539,900.
    What are key features of this property?
    This property features: Duplex in Port Salerno Village with no HOA; 1,073 sq ft of living space per unit; each unit offers 3 bedrooms and 1 bathroom; French double doors open to a patio with canal & lake views
    More about this property
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