Price Reduced 21.16%
Price History
$950,000
3/3/2026
$749,000
3/19/2026
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
Copyright ©2026 Beaches Multiple Listing Service, Inc
Listing courtesy of Serhant 561-203-2762