Stuart, FL 34994
Listed by South Florida Realty Services
Bought with The K Co. Realty

$39,900

$42,000

5.0%
Est.Price: ?

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Est. payment /mo

1 Bed

1 Bath

424 SqFt


SOLD DATE : 02/03/2016

Key Details

Sold Price $39,900

Property Type Condo

Sub Type Condo/Coop

Listing Status Sold

Purchase Type For Sale

Square Footage 424 sqft

Price per Sqft $94

Subdivision Sierra Condo Apts

MLS Listing ID RX-10191396

Sold Date 02/03/16

Style Traditional

Bedrooms 1

Full Baths 1

Construction Status Resale

HOA Fees $205/mo

HOA Y/N Yes

Year Built 1980

Annual Tax Amount $466

Tax Year 2015

Property Description

An excellent investment opportunity. Current rentals have increased to $700 on one year leases. The condo assn. provided water, sewage, garbage, pest control, Comcast Cable and WiFi. Tenant's pay their own electric.The current tenant's lease has expired and they have remained in occupancy on a month to month basis. Sierra's occupancy rate has remained near 100% during the past two years and is currently at 99 - 100%.

Location

State FL

Community Sierra Condominium

Zoning COMMERCIAL

Rooms

Other Rooms Studio Bedroom

Master Bath Combo Tub/Shower

Interior

Interior Features Closet Cabinets

Heating No Heat

Cooling Paddle Fans, Wall-Win A/C

Flooring Tile

Furnishings Partially Furnished

Exterior

Exterior Feature Well Sprinkler

Parking Features Open

Community Features Non-Conforming Use, Sold As-Is, Title Insurance

Utilities Available Cable, Electric Service Available, Public Sewer, Public Water, Water Available

Amenities Available Clubhouse, Common Laundry, Community Room, Picnic Area, Pool, Sidewalks, Street Lights

Waterfront Description None

View Clubhouse, Pool

Roof Type Comp Rolled

Present Use Non-Conforming Use,Sold As-Is,Title Insurance

Exposure West

Private Pool No

Building

Lot Description Sidewalks, Treed Lot, West of US-1

Story 2.00

Unit Features Efficiency

Foundation CBS

Unit Floor 1

Construction Status Resale

Schools

High Schools Martin County High School

Others

Pets Allowed No

HOA Fee Include Cable,Common Areas,Insurance-Bldg,Laundry Facilities,Lawn Care,Legal/Accounting,Maintenance-Exterior,Management Fees,Manager,Other,Parking,Pest Control,Pool Service,Reserve Funds,Roof Maintenance,Sewer,Trash Removal,Water

Senior Community No Hopa

Restrictions Buyer Approval,Commercial Vehicles Prohibited,Interview Required,Lease OK,No Pets,Tenant Approval

Acceptable Financing Cash

Horse Property No

Membership Fee Required No

Listing Terms Cash

Financing Cash

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