37 Seminole StStuart, FL 34994

This exceptional 0.404-acre waterfront property, located at 31 and 37 SE Seminole St, Stuart, FL 34994, presents a unique investment opportunity. Priced at $3,000,000 (or $1,600,000 individually), this parcel boasts stunning riverfront views and is zoned R3, allowing for diverse development options. The permitted density is 12 units at 30 units per acre, subject to major urban code conditional use. The property's legal description is Porters Addition Lots 3 and 4 Block 1, and its parcel ID is 04-38-41-015-001-00030-1. Situated in the thriving City of Stuart, this location benefits from the recently extended Downtown Boardwalk, which runs along the Seminole Street waterfront from Saint Lucie Blvd to Colorado Ave. This revitalization has spurred significant growth in the area, evident in developments like the Stuart Boathouse Restaurant and Sailfish Cove luxury residences. The property's versatility allows for a range of uses, including restaurant, retail, office, or residential development, making it an ideal investment for discerning buyers seeking a prime location in a rapidly developing waterfront community. The wide waterfront views and urban waterfront zoning combine to create a truly exceptional opportunity.