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.
3162 SE Hawthorne Street, Stuart, FL 34997
- Price:
- $458,795.00
- Original List Price:
- $495,000.00
- Close Price:
- $375,000.00
- Transaction closed on:
- May 15, 2026
- 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
- Living Area:
- 1,486 Sqft
- Built-Up Area:
- 1,546 Sqft
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Ceiling Fan(s), Wall/window Unit(s)
- 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
- Tax Annual Amount:
- $7,783.00
- Tax Year:
- 2025
- Utilities Available:
- Cable Available, Sewer Available
- Subdivision Name:
- GOLDEN GATE
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- GOLDEN GATE LOTS 11 13 & 15 BLK 150
- Real Estate Folio Number (Parcel Number):
- 373841007150001109
- Zoning:
- Golden Gate Redevmp.
- Elementary School:
- Gerald Adams
- High School:
- Jensen Beach
- Middle Or Junior School:
- Dr. David L. Anderson
- 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
- Courtesy of:
- Lundstrom & Company
- Attribution:
- Not provided
- 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

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