Archived about 2 months ago

$250,000

1 bd 1 ba 1011 sqft

3071 SE Aster Ln, Stuart, FL 34994

Residential Condo

Current Rent

$3,000

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Turn Key Luxury Condo S. Florida

Coveted 1/1 huge luxury condo in desirable southeast Florida. The size of most 2 bedrooms, this 1,011sf Upper Corner unit is fully upgraded and exquisitely furnished . All furnishings to convey, as well as all appliances and W/D. New HVAC one year old with warranty. New ss fridge with french doors and water and ice on the door, with warranty. New Bausch dishwasher. Gorgeous highend Plantation Shutters elevate the space. Tons of storage closets, full pantry, large walk in closet and large maintenance closet with room for bikes. Hard floors throughout. No carpet. This active short term furnished rental rents for $3,000/mo, stays booked and often has a waiting list. HOA, Taxes, Insurance, Electric and Wifi run around $10,500 annually. Rentals are allowed with a 3 month minimum lease. Trucks are allowed (non-commercial) up to 3/4 ton. No age restrictions and pets are allowed. Community club house, heated pool, tennis and picnic area. HOA fees $507/mo include Water/Sewer, Trash, HD Cable, lawn maintenance, building insurance, maintenanace of common areas, roof and exterior of building. Manage from anywhere using your smart phone to change the Yale Keyless Entry passcodes between guests or let the cleaning crew in with their own code for scheduled times. Monitor self check in with the Blink camera installed at the front entry and set the temperature for the A/C using the smart thermostat from your phone. Established local cleaning professional manages turnovers and inspects inventory. Online landlording software makes listing and booking a breeze with online signatures and payments.

Check out the area. Martin County, also called the Treasure Coast, borders north Palm Beach County and is an exceptional place to live or vacation. Very low crime rates and beautiful beaches make it a destination for all. Indian Pines is located in the heart of Stuart, FL. You can bike to the beach or walk to several shops and restaurants of your choice.

Call or text me directly: Wendy 423-534-5017

Link to rental listing to see more pictures:
https://www.avail.co/l/29058

Location:

3071 SE Aster Ln, Stuart, FL 34994

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*The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.