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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7613 Gaines Ave Stuart, FL 34997

    • Multifamily properties
    • 3,566 SF
    • 1.17 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4031406
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Multifamily properties

    Property Details for 7613 Gaines Ave

    Year built
    2020
    Lot size
    1.17 lot acres
    Property size
    3,566 SF
    Property type
    Multifamily properties

    Description

    This exceptional investment opportunity presents a 5-unit mobile home park situated on a desirable 1.17-acre lot in Stuart, Florida. Boasting 500 feet of picturesque river frontage, the property offers unique access to the water via an indirect-low bridge suitable for smaller vessels. Currently, five mobile homes are occupied

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.25523
    Latitude
    27.11165

    Comparable in this City

    • $1,987,600
      2.38 Acres

      Multifamily Land in Growing Area

      2.4 acres approved for multifamily development near I-95.
      1500 SE Cove Rd, Stuart, FL 34997
      View Details
    • New
      $425,000
      1,794 SF

      Stuart Duplex Investment Opportunity

      Full duplex in Stuart, Florida with long-term tenants.
      3303 SE Jefferson St, Stuart, FL 34997
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    • $999,900

      Stuart Duplex Investment Opportunity

      Four-unit income property near downtown Stuart and beaches.
      2621 SE Clayton St, Stuart, FL 34997
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    • $1,500,000
      1.36 Acres

      Prime Stuart Apartment Site

      28-Unit Development Opportunity in Florida
      0 Kanner Hwy, Stuart, FL 34997
      View Details
    • $549,000

      Income-Generating Duplex Near Downtown Stuart

      Well-maintained duplex in Stuart with leases in place through 2025.
      3300 SE Fairmont St, Stuart, FL 34997
      View Details
    • Contact for pricing

      Residential Property with Multiple Structures

      Residential property featuring a house, apartment, and garage spaces.
      1940 SE Salerno Rd, Stuart, FL 34997
      View Details

    Similar Nearby for Sale

    • $1,987,600
      2.38 Acres

      Multifamily Land in Growing Area

      2.4 acres approved for multifamily development near I-95.
      1500 SE Cove Rd, Stuart, FL 34997
      View Details
    • $1,500,000
      1.36 Acres

      Prime Stuart Apartment Site

      28-Unit Development Opportunity in Florida
      0 Kanner Hwy, Stuart, FL 34997
      View Details
    • $549,000

      Income-Generating Duplex Near Downtown Stuart

      Well-maintained duplex in Stuart with leases in place through 2025.
      3300 SE Fairmont St, Stuart, FL 34997
      View Details
    • Contact for pricing

      Residential Property with Multiple Structures

      Residential property featuring a house, apartment, and garage spaces.
      1940 SE Salerno Rd, Stuart, FL 34997
      View Details
    • New
      $598,800
      1,109 SF

      Stuart Duplex with Rental Income

      CBS duplex built in 2007 with month-to-month tenants.
      2593 SE Indian St, Stuart, FL 34997
      View Details
    • New
      $425,000
      1,794 SF

      Stuart Duplex Investment Opportunity

      Full duplex in Stuart, Florida with long-term tenants.
      3303 SE Jefferson St, Stuart, FL 34997
      View Details

    Similar Nearby for Lease

    • $125,000
      43,560 SF

      Prime Stuart Land - 1 Acre

      High-traffic retail land, build-to-suit option.
      5932 Federal Hwy, Stuart, FL 34997
      View Details
    • $6,077 /Mo
      430,896 SF

      Stuart, FL Commercial Unit

      Spacious commercial unit in high-traffic area, ready for custom buildout.
      3202 SE Federal Hwy, Stuart, FL 34997
      View Details
    • $1,700 /Mo

      Retail Space in High-Traffic Area

      Corner retail unit in well-maintained plaza with high visibility.
      6386 SE Federal Hwy, Stuart, FL 34997
      View Details
    • $38 SF/Yr
      2,000 SF

      Retail Space in Stuart, Florida

      Retail space available in a developing commercial area.
      6801 S Kanner Hwy, Stuart, FL 34997
      View Details
    • $1,250 /Mo
      49,005 SF

      Stuart Office Space For Lease

      Air-conditioned 1,500 SF office space available for immediate lease.
      3163 500Sf, Stuart, FL 34997
      View Details
    • $18 SF/Yr
      4,040 SF

      Double Flex Space Stuart, FL

      4,040 SF Flex Space, Available February 2025
      7814 Jack James Dr, Stuart, FL 34997
      View Details
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    7613 Gaines Ave
    Stuart, FL 34997
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    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
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