Triplex in 3162 SE Hawthorne Street, Stuart, FL 34997 with MLS# A11978315

Rare opportunity to acquire a vacant triplex investment property in the Golden Gate neighborhood of Stuart, offering immediate lease-up potential and rental upside. The property features three 1BR / 1BA units within a two-story building constructed in 1990 on an approximately 0.202 acre lot.Each unit offers an efficient floor plan with living area, kitchen, bedroom, and bath-well suited for long-term workforce housing tenants. The practical layouts support durable ownership and manageable operating costs. A newer roof adds long-term value and may help reduce near-term capital expense concerns.Because the property is currently fully vacant, the new owner can set market rents immediately and select new tenants, providing full operational control without inherited leases. Comparable rents for 1BR units in the area indicate solid income potential once stabilized.Located in the Golden Gate area of Stuart, the property benefits from convenient access to US-1, downtown Stuart, shopping, parks, and local employment centers, supporting steady rental demand for affordable housing in Martin County.Opportunities to acquire small multifamily properties in Stuart are very limited, particularly with three units under one roof and immediate leasing flexibility. This property presents a compelling opportunity for investors seeking stable rental income and the ability to execute a clean lease-up strategy in a strong rental market.

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3162 SE Hawthorne Street, Stuart, FL 34997

Price
Price:
$458,795.00
Original List Price:
$495,000.00
Close Price:
$375,000.00
Transaction closed on:
May 15, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Triplex
Description of Last Important Update:
Status Change
Last Major Update on:
May 15, 2026 4:00 am
Measures
Living Area:
1,486 Sqft
Built-Up Area:
1,546 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Ceiling Fan(s), Wall/window Unit(s)
Construction
Year Built:
1990
Roof:
Shingle
Number of Units Total:
1
Levels:
Two
Construction Materials:
Frame, Stucco
Flooring:
Vinyl, Ceramic Tile
Number of stories:
2
Number of Units in the Community or Building:
1
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$7,783.00
Tax Year:
2025
Utilities
Utilities Available:
Cable Available, Sewer Available
Community
Subdivision Name:
GOLDEN GATE
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
GOLDEN GATE LOTS 11 13 & 15 BLK 150
Real Estate Folio Number (Parcel Number):
373841007150001109
Zoning:
Golden Gate Redevmp.
Public Schools Assigned
Elementary School:
Gerald Adams
High School:
Jensen Beach
Middle Or Junior School:
Dr. David L. Anderson
Listing History
Active on the market since:
March 6, 2026
Listing Agreement executed on:
March 6, 2026
Purchase Contract Date:
April 28, 2026
Price change occurred on:
April 17, 2026 12:54 am
Listing Status Last Changed On:
May 15, 2026 4:00 am
Photos updated on:
May 15, 2026 8:42 pm
Last Modified:
August 17, 2026 6:09 pm
Additional Information
Courtesy of:
Lundstrom & Company
Attribution:
Not provided
Location
Street Name:
Hawthorne
Street Number:
3162
City:
Stuart
State:
Florida
Zip Code:
34997
County:
Martin
Latitude:
N27° 9' 52.4''
Longitude:
W81° 47' 19.8''
Street Suffix:
Street
Street Direction Prefix:
SE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $75,705
Median Home Value $335,200
Median Rent $1,520/mo
Median Age 53
Population 45,947
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.