701 Federal HwyStuart, FL 34994

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

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.

• 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

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