Emerald Lakes 2 bedroom 2 ½ bath Townhome with Existing Tenant of 10 years in place. Lease effective until May 31, 2026. Current income is $1700 per month. Florida Law dictates lease to be honored, such that SALE is SUBJECT TO LEASE. Tenant has rights under the lease. **Please note: Emerald Lakes at this time has a POLICY whereby owners MAY NOT LEASE. However, this is an existing tenant with leasehold rights! Unit was Built in 1983, and unit is mostly original! However the fence was replaced in 2024. NEW Mansards installed 2024. Tenant reports all mechanicals in working condition. (Tenant owns washer and dryer). Very Low HOA fees of $249 per month, and a Buyer application fee of $150. 2 pets up to 35 lb allowed. Two parking spaces. Subject is close to clubhouse and pool. This is your opportunity to Buy a reasonably priced unit, collect rent until end of next May and then remodel the unit to your personal taste.
|
DAYS ON MARKET
|
2
|
LAST UPDATED
|
9/19/2025
|
|
TRACT
|
Emerald Lakes Ph 2
|
YEAR BUILT
|
1983
|
|
COMMUNITY
|
Emerald Lakes Ph 2
|
COUNTY
|
Martin
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Condo/Townhouse/Co-Op
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AMENITIES |
Maintenance Grounds, Security, Trash |
| APPLIANCES |
Dishwasher, Electric Range, Refrigerator |
| AREA |
14-Hobe Sound Stuart S of Cove Rd |
| CONSTRUCTION |
Concrete, Stucco |
| EXTERIOR |
Balcony, Tennis Court(s) |
| HEAT |
Central |
| INTERIOR |
Walk-In Closet(s) |
| LOT |
1437 sq ft |
| PARKING |
Assigned |
| POOL |
Yes |
| POOL DESCRIPTION |
Community |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
Emerald Lakes Ph 2 |
| TAXES |
3850 |
| UTILITIES |
Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected |
| WATER |
Public |
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Listing provided by Dean Baumgartner, Berkshire Hathaway Florida Realty, 772-708-3396
The content relating to real estate for sale on this web site comes in part from the IDX program of the Regional Multiple Listing Service, Inc. Listing content is © 2025
This information is not verified for authenticity or accuracy and is not guaranteed.
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This information was last updated as of date specified below. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Please contact Water Pointe Realty Group LLC directly for additional information pertaining to the status and availability of properties displayed on this website.
Data last updated: 9/20/25 10:59 PM PDT.
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor Association of Martin County, Inc. MLS. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
Copyright 2025 Realtor Association of Martin County, Inc. MLS. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.
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