15 Seminole StStuart, FL 34994

This exceptional 0.5167-acre property in downtown Stuart, Florida, presents a rare redevelopment opportunity. Located at 15 SE Seminole Street, 34994, this waterfront gem boasts Urban Waterfront zoning (CBD), allowing for diverse uses including residential (up to 30 units per acre), retail, restaurant, and office space. The existing three-story building, constructed in 1913, comprises 12,622 square feet and currently features 25 multifamily units, offering potential for short-term rentals or conversion into larger suites. Recent improvements (2022/2023) include a new metal roof, restuccoing, and repainting. The property includes an estimated 240-foot dock and a large on-site parking lot. The site's prime location offers direct riverfront views and walkability to downtown amenities. This unique property presents significant value-add potential, with the possibility of developing up to 15 luxury townhomes or condos, each with private garages, docks, and rooftop decks overlooking the river. The property's historical appeal and flexible zoning make it an ideal investment for discerning developers seeking a high-scale waterfront project in a thriving downtown location.