Price Reduced 21.16%

$749,000 ($272.56 per sqft)

Est. Mortgage $3,689/mo *

Quick Pre-Approval

Price History

$950,000
3/3/2026

$749,000
3/19/2026


516 NW North River Drive, Stuart, FL, 34994

516 NW North River Drive, Stuart, FL, 34994

7 rooms

4 beds

3 Full / 1 Half baths

2007

Key West

2,748 sqft

Key West Style CBS Home with Income-Producing Apartment in Walkable Riverside Park Welcome to a rare Key West style retreat offering unmatched flexibility, modern updates, and an income-producing bonus--all in one of Stuart's most walkable neighborhoods. This solid concrete block 3 bedroom 2 and a half bath home with a detached garage and apartment is built for peace of mind, featuring full impact windows and metal roofs on both structures. Set in the charming Riverside Park community, right next to prestigious North River Shores and just minutes from Downtown Stuart, the home provides the perfect blend of quiet residential living and vibrant city convenience. With no HOA, you have the freedom to personalize, enhance, or expand the property to match your vision. Inside, the main home impresses with a bright and airy atmosphere, 10' ceilings on the lower level, and brand-new solid wood flooring throughout. The gourmet kitchen serves as the home's centerpiece, complete with an oversized island ideal for gatherings and everyday living. Fresh interior paint, updated finishes, and inviting natural light create a move-in-ready experience. Upstairs, the generous primary suite offers a private balconya peaceful spot for morning coffee or evening sunsets. A major advantage is the detached 2-car garage with a fully equipped efficiency apartment above, currently tenant-occupied. With its own kitchen, full bath, and washer/dryer, it's a perfect setup for steady income, visiting guests, or a private studio/office. This desirable location is truly walkable, placing you steps away from local cafés, restaurants, specialty shops, and a waterfront park across the street with direct access to kayaking, paddleboarding, and a small dog park along the St. Lucie River. Exciting neighborhood improvements are underway including new sidewalks, on-street parking, improved crosswalks, upgraded street lighting, fresh landscaping, and resurfaced streetsadding long-term value, improved curb appeal, and exceptional walkability to the area. Unique Offering: The current owners may consider selling the adjacent home as well, giving buyers the opportunity to acquire two neighboring properties. Together, the combined parcels offer options rarely found in Stuartspace for an expanded yard, pool, additional outdoor living areas, or a multigenerational compound with multiple revenue-producing units. Experience the best of Riverside Park living with income potential, modern upgrades, and room to growall in one of Stuart's most desirable and up-and-coming neighborhoods.


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Laundry Remarks:

Inside

Zoning:

res

Subdivision:

RIVERSIDE PARK

Garage:

2-car Detached

Heating:

Central, Electric

Cooling:

Central Air, Ceiling Fan(s), Electric

Levels:

2

Parking:

Garage Door Opener, Garage, Detached Garage

Lot Size:

0.1033 acres

Acreage:

0.1

Est. Taxes:

$10,063

Construction

Stucco, CBS, Second/Third Floor Concrete

Utilities

Cable Available, Sewer Available, Water Available

Lot Description:

Corner Lot

View Description:

Other

Amenities:

Dog Park, Park, Playground, Sidewalks

Elementary School:

Felix A. Williams

Middle School:

Stuart

High School:

Jensen Beach

Days on Market:

102

Pet Policy:

Yes, No Restrictions

Appliances:

Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Water Heater, Washer

MLS #:

RX-11144774


Community Info

School Info

Walk Score

Yelp

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