For Sale
$3,500,000

101 Ocean BlvdStuart, FL 34994

Live/work opportunity: garage & apartments

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property in Stuart, Florida, presents a rare investment chance. Located at 101 SW Ocean Blvd, this 8,114 square foot property boasts two buildings on a 0.36-acre lot (APN: 05-38-41-014-013-00050-9), situated in the vibrant downtown area. Built in 1925, the property features classic storefronts, multiple roll-up doors allowing for convenient thru-traffic, and integrated office spaces within the two commercial buildings. These buildings are connected by a fenced courtyard-style parking lot, offering excellent frontage on two sides and a prominent monument sign for high visibility. Adding to its appeal, the property includes two one-bedroom, one-bathroom rental apartments, perfectly positioned near popular shops and restaurants. The property is zoned UC—Urban Center, offering flexibility for various uses. Priced at $3,500,000 ($431.35/sq ft), this two-story property presents a unique blend of commercial and residential income potential. The property's prime location and versatile design make it an ideal investment for discerning buyers seeking a high-return opportunity in a thriving downtown setting. This is a turn-key operation with existing tenants.

Property Details for 101 Ocean Blvd

Property type
Mixed-use properties
Square Feet
8,114 SF
Year Built
1925
Buildings
2
Stories
2
Lot Size (sq. ft)
15,682 SF
Units
2

Location Insight

City
Stuart
County
Martin
State
Florida
Latitude
27.197741419197
Longitude
-80.253582092632
101 Ocean Blvd, Stuart, Florida

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101 Ocean Blvd
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