Exceptional Investment Opportunity – High ROI in Prime Downtown Stuart This cash cow delivers impressive returns with a short-term rental-ready main house generating $67,319.62 annually on Airbnb alone—no other channels utilized. Additionally, a attached studio unit brings in $1,500 per month on a flexible month-to-month lease. There's even more untapped potential: a third unit could be added by converting the existing shed on a slab with electric and plumbing already in place. Located in the heart of downtown Stuart, this property is just steps from top restaurants, bars, live music venues, and the scenic boardwalk. Even more exciting, it's right around the corner from the future Brightline high-speed rail station, set to connect Miami, Orlando, and Florida’s West Coast. A rare gem in an unbeatable location-opportunities like this don’t last. Video: https://youtu. be/PBfLHW4oWJ0 Additional documents: https://drive. google.com/drive/folders/1gIPH30UkcLNJ5BW2yhvCjKLgd2amcrEE
Single-familyProperty Type
1956Year Built
6,250 sq ftLot Size
$415Est. Price/Sq.Ft.
2 spacesParking
Listed by Richard Feldman• Miami Waterfront Realty
Contact: 305-970-2884
Bought with Constance Murray• Miami Waterfront Realty
Bought with Richard Feldman• Miami Waterfront Realty
RARE OPPORTUNITY TO LIVE & W0RK IN HISTORIC DOWNTOWN STUART IN A QUIET, KEY WEST-STYLE NEIGHBORHOOD ZONED FOR RESIDENTIAL & COMMERCIAL IN A COMMUNITY REDEVELOPMENT AREA. NESTLED ON A CORNER LOT WITH MATURE TREES AND LUSH LANDSCAPING, THERE ARE TWO SEPARATE LIVING QUARTERS FOR 2 INCOME-PRODUCING RENTALS FOR INVESTORS. THE CBS MAIN HOME IS AN INSTANT CHARMER WITH FOUR FRENCH DOORS, OPEN FRONT PORCH, ELEGANT FOYER WITH ARCHWAY ENTRANCE, SPACIOUS GREAT ROOM, TWO BEDROOMS, GALLEY KITCHEN WITH COBALT BLUE TILE ACCENTS, TERRAZZO FLOORS AND COMPLETE HURRICANE SHUTTERS. A BONUS ROOM MAY BE A POSSIBLE 3RD BEDROOM. AN ATTACHED EFFICIENCY HAS A PRIVATE ENTRANCE, KITCHEN, FULL BATHROOM AND BEDROOM LOFT. BRIGHT MOSAIC FLOORS EXUDE CAREFREE, HAPPY VIBES FOR AN ART STUDIO, PRIVATE OFFICE OR MOTHER-IN-LAW SUITE. A SPACIOUS SHED IS PERFECT FOR AMPLE STORAGE. NO NEED TO DRIVE ANYWHERE. STUART'S DOWNTOWN SHOPS, RESTAURANTS, LYRIC THEATRE AND GORGEOUS RIVERWALK ARE JUST A SHORT STROLL AWAY.
MCRTC #M319691
Jun 1, 2007
Listing Removed
—
Sep 1, 2006
Listed
$549,000
$323/sq ft
Beaches MLS #R2231636
Dec 20, 2002
Sold
$200,000
$118/sq ft
Oct 25, 2002
Listing Removed
—
Jun 19, 2002
Listed
$219,900
$130/sq ft
MCRTC #M190681
Jun 19, 2002
Listed
$219,900
$130/sq ft
Public Records
Mar 1, 1978
Sold
$30,000
$18/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,529 (+0.7%)
$178,150 + $188,210
$366,360
2024
$6,484 (−5.6%)
$178,150 + $188,210
$366,360
2023
$6,866 (+48.1%)
$154,396 + $213,254
$367,650
2022
$4,635 (+22.1%)
2021
$3,796 (+9.7%)
2020
$3,462 (−3.0%)
$89,060 + $85,510
$174,570
2019
$3,568 (−1.9%)
$89,060 + $89,440
$178,500
2018
$3,637 (+14.2%)
$89,060 + $89,440
$178,500
2017
$3,185 (+5.7%)
$89,060 + $77,000
$166,060
2016
$3,012 (−2.0%)
$70,060 + $84,320
$154,380
2015
$3,075 (−5.6%)
$70,060 + $86,490
$156,550
2014
$3,258
Tax history for 119 SW 5th St
Year
Property tax
Land + Additions
Assessment*
2025
$6,529 (+0.7%)
$178,150 + $188,210
$366,360
2024
$6,484 (−5.6%)
$178,150 + $188,210
$366,360
2023
$6,866 (+48.1%)
$154,396 + $213,254
$367,650
2022
$4,635 (+22.1%)
2021
$3,796 (+9.7%)
2020
$3,462 (−3.0%)
$89,060 + $85,510
$174,570
2019
$3,568 (−1.9%)
$89,060 + $89,440
$178,500
2018
$3,637 (+14.2%)
$89,060 + $89,440
$178,500
2017
$3,185 (+5.7%)
$89,060 + $77,000
$166,060
2016
$3,012 (−2.0%)
$70,060 + $84,320
$154,380
2015
$3,075 (−5.6%)
$70,060 + $86,490
$156,550
2014
$3,258
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
6,251 Sq. Ft.
Year renovated
2000
Sq. Ft.
1,698
Year built
1956
Style
Single Family Residential
County
Martin County
APN
05-38-41-005-016-00090-5
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
UN
Urban Neighborhood District
Urban neighborhood UN characterized by a predominantly residential nature located along low-volume pedestrian-friendly streets. In the North Point, UN is generally located in the non-waterfront portions of the Riverside Park subdivision that portion generally bound by North River Drive, Palm Street, SR 707/Dixie Highway and Fern Street. In the south point, UN is generally located in the Frazier Addition the triangular area generally bound by Frazier Creek, West Ocean Boulevard and the properties fronting Colorado Avenue and the non-waterfront portions of the Frazier Crescent subdivision along Channel Avenue and 6th and 7th Streets.
Property details
Parking
Parking
Features: Boat, Driveway, RV Access/Parking, Two Spaces
Interior
Virtual Tour
Bedroom Information
# of Bedrooms Possible: 3
Bathroom Information
# of Full Bathrooms: 3
Interior Features
Unfurnished
Exterior
Building Information
Stories: 1
Stories (Total): 1
Year Built Details: Resale
Roof Details: Metal
Construction Details: Block, Concrete
Lot Information
Lot Size Area: 0.1435
Lot Size Acres: 0.1435
Financial
Tax Information
Annual Tax Amount: $6,484
Tax Year: 2024
Rental Information
Pets Allowed Details: Yes
Utilities
Utility Information
Utilities: Electricity Connected
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central
Location
Community Information
Community Features: Boat Facilities, Non-Gated
Public facts
Beds: 2
Baths: 1.5
Sq. Ft.: 1,698
Stories: 1.0
Lot Size: 6,251 square feet
Style: Single Family Residential
Year Built: 1956
Year Renovated: 2000
County: Martin County
APN: 05-38-41-005-016-00090-5
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
J. D. Parker School Of Technology
Public PreK-5 • Assigned • 1.3mi
4/10
Stuart Middle School
Public 6-8 • Assigned • 0.5mi
6/10
Jensen Beach High School
Public 9-12 • Assigned • 3.1mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
2/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 106° expected this year, 23 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Stuart, FL • 34994
Average low and high temperatures (°F)
72
55
76
59
80
64
81
70
87
75
89
76
90
76
91
77
88
77
83
74
80
65
77
62
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.
9 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$670,000 – $811,000
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