Cays Realty
6537 SE Federal Highway 101, Stuart, FL 34997 — MLS photo

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6537 SE Federal Highway 101, Stuart, FL 34997

Active · Condominium

$174,500

6537 SE Federal Highway 101, Stuart, FL 34997

Beds
2
Baths
2
Living area
969 sq ft
$ / sq ft
$180/sq ft
Year built
1990
Lot size
—
HOA fee
$432 Monthly
Annual tax
$1,611

About this property

2/2 Condo FIRST FLOOR. No age restrictions. 2 pets allowed. Most truck & Motorcycles allowed Great for owner occupied or investor. Condo Fees INCLUDE: Water, sewer & Trash. NEW ROOF 2025 & assessment has been paid for by the seller. Parking area for Boats & RV with permission from the Association. PARKING SPOT 31.

Property location

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6537 SE Federal Highway 101, Stuart, FL 34997

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
969 sq ft
Flooring
Vinyl
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central, Electric
Interior features
Living Dining Room, Main Living Area Entry Level, Split Bedrooms, Shower Only, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1990
Stories
2
Lot size
0 sq ft
Architectural style
One Story
Roof
Composition, Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
None, Patio
Pool
None, Association, Community
View
Other, Water

Parking

Covered spaces
0
Parking features
Assigned, Guest, One Space

HOA, Community & Financials

Association fee
$432 Monthly
Fee inclusions
Common Area Maintenance, Parking, Pools, Recreation Facilities, Roof, Sewer, Trash, Water
Association
Watson Association M
Association contact
772-871-004
Amenities
Other, Pool, Trash
Security
Fire Alarm, Smoke Detectors
Pets allowed
No
Annual tax
$1,611
Subdivision
FAIRWAY PALMS CONDO
County
Martin
Days on market
179
MLS listing ID
B26017299
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$506

Cap rate
9.2%
Net yield
9.2%
Cash-on-cash return
12.4%
Gross yield
15.3%
Mortgage payment
$827/mo
Down payment
$43,625
Loan amount
$130,875
Annual NOI
$16,002

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.