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Sold on 02/12/2024
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4710 SE Compass Way, Stuart, FL 34997

  • $324,000

    Last sold 02/12/2024 for $406K

  • —

    bed

  • —

    bath

  • 840

    Sqft ($483/Sqft)

Multi-family not for sale
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About 4710 SE Compass Way

Property type Multi-family
Neighborhood
Year built 1956
HOA fee $0/month
Lot size 8,710 Sqft
Movoto estimate
Rental estimate
Property description
These are very quaint efficiency in a very fun small waterfront town. Port Salerno was voted one of the coolest little towns in America. It is walking distance to several waterfront restaurants and bars. Lots of outdoor activities, fishing, kayaking, paddle boarding and water bikes to name a few. Or just relax and enjoy the wild parrots that fly through the neighborhood. About a 10 minute drive to many gorgeous beaches. The renovations in May of 2021 include new metal roof, water heater, mini-split air conditioners, kitchen sinks, faucets and countertops. It was painted inside and out. All electrical is up to code. The inside was repainted a few weeks ago. The property has been run like little motel. 2022 P&L is available for serious buyers. All furniture and supplies are include
Listed by
Listing Agent - Reid Lenit
Listing Office - Real Estate of Florida
Source: Beaches MLS mls logo
MLS#RX-10931216 • last updated 2 years ago
Movoto checked Beaches MLS for data 3 minutes ago
Overview
Cooling/AC Central Individual, Electric
Heating Space
Levels/Style 1
Property Tax $ 2776.5, County Only, No Homestead
Year Built 1956
Interior
Flooring Tile
Exterior
Roof Metal, Wood Truss/Raft
Exterior CBS, Stucco
Lot Features < 1/4 Acre
Exterior Features Awnings, Shutters
Amenities / Utilities
Utilities Cable, Electric, Public Water, Septic
Location
County Martin
Subdivision SALERNO SHORES
Gated Community No
Community Features None
Zoning R3
APN 513841004005000380
Multifamily Details
Unit 2: Parking Open Parking, Space Parking
Tenant Pays Janitorial, Taxes
Unit 1: # Full Baths 1
Unit 1: Parking Space Parking
Unit 1 A/C Unit, Electric Meter, Kitchen, Microwave, Range - Electric, Refrigerator
Unit 2 A/C Unit, Electric Meter, Microwave, Range - Electric, Refrigerator
Unit 2: # Full Baths 1
Annual Total Expense 21005.85
Annual Net Operating Income 19983.47
Gross Operating Income 37059.32
$324K
Range: $197K-$450K
Last 30 days 
Rental est.: $2,063/month
Gross rent multiplier: 16.7
  • Feb 2024
    mls logo MLS # RX-10931216
  • Feb 12, 2024 Sold
    $406,000
  • Jan 2, 2024 Active
    —
  • Jan 2, 2024 Listed
    —
  • Nov 4, 2023 Active
    —
  • Oct 27, 2023 Listed
    $413,000
  • Feb 2024
    mls logo MLS # R10931216
  • Feb 12, 2024 Sold
    $406,000 (-1.7%)
  • Oct 26, 2023 Listed
    $413,000 (+686.7%)
  • Jun 2010
    mls logo MLS # RX-3098288
  • Jun 15, 2010 Sold
    $52,500
  • Mar 30, 2010 Listed
    $52,500
  • Mar 2010
    mls logo MLS # R3098288
  • Mar 30, 2010 Listed
    $52,500 (-62.5%)
  • Dec 2008
    mls logo MLS # RX-2937980
  • Dec 31, 2008 Expired
    —
  • Jun 30, 2008 Listed
    $140,000
  • 4710 SE Compass Way
    $406K
  • Port Salerno Waterfront District
    $346K -30% y/y
  • 34997
    $580K +10% y/y
  • Stuart
    $504K +5% y/y
No chart available
Statistics calculated by Movoto

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4/10
Port Salerno Elementary School
public Grades PK, K-5
Martin
3/10
Murray Middle School
public Grades 6-8
Martin
5/10
South Fork High School
public Grades 9-12
Martin
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • FL
  • Martin County
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  • 34997
  • Port Salerno Waterfront District
  • 4710 SE Compass Way
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