96 SE Norfolk Blvd Stuart, FL 34997
MULTI_FAMILY - Stuart, FL
Property Features for 96 SE Norfolk Blvd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Rooms
- Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
- Parking
- 2
- Standard status
- Active
- APN
- 403841003000009106
- Size
- 1,131 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- FISHERMANS COVE SEC 2 PHASE 1 LOT 91 E 1/2
- Tax Annual Amount
- 3719
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Ceiling Fan(s), Central Air, Electric
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Flooring type
- Tile, Tile - Ceramic
- Building materials
- Block, Stucco
- Roof type
- Shingle
Listing agent Kelvin Ching License #3298166 (954) 249-8129
Listing office The Keyes Company 10091 NW 1st Ct, Miami, FL (954) 475-9813
Listing date Jul 14, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in the Fisherman's Cove community in Stuart, just off Kanner Highway and described as a No HOA neighborhood, with convenient access to I-95. The remarks also note proximity to shopping, dining, and everyday conveniences, including a new Costco and nearby retailers.
The adjoining half duplex is also available for purchase, providing an option to own both units together.
Key Highlights
- 3‑bedroom, 1.5‑bath half duplex in the Fisherman's Cove community of Stuart
- Concrete block and stucco construction with ceramic tile flooring throughout
- Central air plus electric heating; ceiling fans included
Local Financial Insights For Apartment 5plus
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 | $26.9k | $23.76 |
| − Vacancy | −$1.8k | −$1.57 |
| EGI | $25.1k | $22.19 |
| − OpEx | −$11.3k | −$9.99 |
| NOI | $13.8k | $12.21 |
