701 Federal HwyStuart, FL 34994

  • Office properties
  • 57,698 SF
For Lease
$10/SF/YR View listing

Property Details for 701 Federal Hwy

Year built
1986
Lot size
4.00 AC
Property size (Sq ft)
57,698 SF
Zone code
CRA1S
Property type
Office properties
Property subtype
Other office properties
APN
32-37-41-000-000-00130-2
APU
323741000000001302

Description

This vibrant downtown Stuart plaza offers three exceptional commercial spaces, ideal for diverse businesses. A prominent, turnkey restaurant/club space (~6,000 sq ft) is available for $7,500/month plus taxes, offering ample time for setup. Two additional turnkey office/medical spaces are also available: a second-floor standalone building (~2,000 sq ft) for $2,500/month plus taxes, and a highly visible first-floor unit (~300 sq ft) for $700/month plus taxes. All units are fully renovated and boast excellent visibility, situated near the Roosevelt Bridge with easy access to Federal Hwy (US-1) and Dixie Hwy. The plaza enjoys high foot traffic, surrounded by a thriving mix of restaurants and offices. Additional units within the same plaza are also available, providing further options to suit your business needs. The area already features a diverse culinary scene, including barbecue, Colombian, Italian, and a soon-to-open Mexican restaurant. These spaces present a unique opportunity to establish or expand your business in a bustling and convenient location. High-quality photos and videos are available online. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,753,312
    6.5%
    $20,079,980
    7%
    $18,645,696
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,707,797
    Geo Method
    $14,707,797
  • Alternative Use

    Use
    Valuation
    Residential
    $24,899,176
    Hospitality
    $22,807,510
    Educational
    $18,975,580
    Medical
    $19,628,180
    Retail
    $29,517,570
701 Federal Hwy, Stuart, Florida

Location Insight

City
Stuart
County
Martin
State
Florida
Latitude
27.2144
Longitude
-80.2597
CBSA code
38940
CBSA name
PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$68,215
$1,393,920
$2,480,410
$3,874,330
-
$1,393,920
$2,480,410
$3,874,330

FAQs

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