Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,506 sq ft
Active · Condominium
$295,000
6100 SE Martinique Drive 201, Stuart, FL 34997
- Beds
- 2
- Baths
- 2
- Living area
- 1,506 sq ft
- $ / sq ft
- $196/sq ft
- Year built
- 1985
- Lot size
- —
- HOA fee
- $727
- Annual tax
- —
About this property
Penthouse-style 2BR/2BA in gated 55+ Montego Cove with excellent curb appeal and long-lake views. Updated 1,506 sq ft interior plus glass-enclosed sunroom. 2023 A/C, 2015 accordion shutters, 2008 roof, NO assessments. Beautiful building, tropical landscaping, and covered carport. 50-acre resort community with 2 pools, pickleball, tennis, clubhouse. HOA includes exterior insurance, exterior maintenance, internet, and carport. Prime location near Summerfield Country Club, I 95, shopping, and hospitals. Lakefront living with modern updates and a beautifully maintained exterior.
Property location
Get Directions6100 SE Martinique Drive 201, Stuart, FL 34997
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1985
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $727
- County
- Martin
- MLS listing ID
- R11158988
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
$405
- Cap rate
- 7.3%
- Net yield
- 7.3%
- Cash-on-cash return
- 5.9%
- Gross yield
- 14.3%
- Mortgage payment
- $1,398/mo
- Down payment
- $73,750
- Loan amount
- $221,250
- Annual NOI
- $21,644
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.