701 Federal HwyStuart, FL 34994
- Office properties
- 57,698 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
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