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$1,899,000 Just Listed
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Property Description
Seven-unit, single-story multifamily in North River Shores on the Stuart / Jensen Beach line. All units 2 bed / 1 bath. In-place gross income approx. $147,600. Operating expenses approx. $36,000. NOI approx. $113,639.93 Owner pays water. Community laundry. One assigned space per unit plus guest parking. Short walk to Publix, bike ride to downtown Stuart, about 10 minutes to the beach. Easy single-story layout. Major updates: metal roof (2018); patio screen enclosure (2018); hurricane-impact windows and doors (2018); connected to city sewer with septic and drain field removed (2019); kitchen and bathroom renovations (2019); kitchen appliances updated over time; 6 of 7 A/C units replaced since 2023. Financials available to qualified buyers.
Full Property Details
Full Property Details for 860 NW River Shores Blvd
General
- Price: $1,899,000
- Taxes: $11,510 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: Martin_County
- MLS ID: M20056743
- Updated: 9/3/2026
- Added to Site: Today
Interior
- Flooring: Ceramic Tile, Vinyl
Additional Information
- Security/Safety: Closed Circuit Camera(s), Smoke Detector(s)
Exterior
- Exterior Features: Landscaping
Parking
- Covered Spaces: 12
- Total Spaces: 12
- Parking Features: Common
Location
- Area: 3-Jensen Bch Stuart - N Roosevelt Br
- County: Martin
- Subdivision: North River Shores Sec 05a 06 & Rep
- Driving Directions: From downtown Stuart, north over the Roosevelt Bridge on US-1. West into North River Shores. 860 NW North River Shores Blvd is in the neighborhood west of US-1, Stuart / Jensen Beach line. GPS: 860 NW N River Shores Blvd, Stuart, FL 34994.
Community
- Community Name: 3-Jensen Bch Stuart - N Roosevelt Br
- Assoc. Fees Include: Common Areas, Insurance, Laundry, Other, Pest Control, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Structural Information
- Architectural Style: Traditional
- Construction: Block, Concrete, Stucco
- Roof: Metal
- Stories/Levels: 1
- Year Built: 1977
- Year Built Source: Public Records
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.517
- Lot Size: .517
- Lot Features: Sprinklers None
Financial Considerations
- Operating Expenses: $52,954.86
- Tax Amount: $11,510
- Tax Year: 2025
- Tenant Pays: Cable TV, Electricity
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Listed As-Is
- Documents Avail.: Lease
- Legal Description: NORTH RIVER SHORES SEC 6 LOT 2 & W 2' OF LOT 3 BLK 27
- Property ID: 303741011027000209
Listed by Tucker Realty LLC
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Schools
Schools serving 860 NW River Shores Blvd
School District:Martin County School District
| Name | Grades | Distance |
|---|---|---|
Felix A Williams Elementary School 401 Northwest Baker Road, Stuart, FL 34994 | PK-5 | 0.6 mi |
Stuart Middle School 575 Southeast Georgia Avenue, Stuart, FL 34994 | 6-8 | 1.8 mi |
Jensen Beach High School 2875 Northwest Goldenrod Road, Jensen Beach, FL 34957 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 860 NW River Shores Blvd
Date
Details
Price
Change
Source
9/03/2026
Listed
$1,899,000
886.49%
MLS
11/18/2019
Sold
$192,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 860 NW River Shores Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,514
—
$753,780
16%
2024
$13,514
8%
$652,190
10%
2023
$12,473
9%
$592,900
10%
2022
$11,431
5%
$539,000
10%
2021
$10,892
-2%
$490,000
—
2019
$11,071
6%
$490,000
8%
2018
$10,405
3%
$455,000
—
2017
$10,094
—
$455,000
—
2016
$10,140
-1%
$455,000
—
2015
$10,249
25%
$455,000
34%
2014
$8,205
—
$339,150
—
2013
$8,205
—
$339,150
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 860 NW River Shores Blvd
860 NW River Shores Boulevard, Stuart, FL 34994 (MLS# M20056743) is a Commercial Multi-Family property. 860 NW River Shores Boulevard is currently listed for $1,899,000 and was received on September 03, 2026. Want to learn more about 860 NW River Shores Boulevard? Do you have questions about finding other Commercial Multi-Family real estate for sale in Stuart? You can browse all Stuart real estate or contact a Coldwell Banker agent to request more information.

