611 Federal HwyStuart, FL 34994

Property Details for 611 Federal Hwy

Year built

1983

Construction

WOOD

Lot size

0.94 AC

Property size (Sq ft)

13,785 SF

Property type

Office properties

APN

05-38-41-006-001-00050-4

APU

53841006001000504

Description

Northgate Plaza, a meticulously maintained two-story office building in Stuart, Florida, offers 13,785 square feet of traditional office space for lease. Located at 611 SW Federal Hwy, 34994, this prime location boasts excellent visibility on US1, just steps from downtown Stuart and less than half a mile from Kanner Highway, providing easy access to Florida's Turnpike and I-95. The property features multiple units available, ranging from 315 to 2,560 contiguous square feet, ideal for a variety of medical and professional businesses. The 0.945-acre site benefits from ample parking. Recent improvements include brand new HVAC units (2022) and a freshly restriped and sealed parking lot. The surrounding area offers convenient access to numerous national retailers, including Publix, Subway, Dunkin' Donuts, Wawa, and the Cleveland Clinic North. The property is zoned Urban Highway and features a single building constructed in 1963. This is an excellent opportunity to secure executive office space in a thriving location. The APN is 05-38-41-006-001-00050-4, Martin County. Contact us today to learn more about available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $4,868,994

  6.5%

  $4,494,456

  7%

  $4,173,424

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,513,934

  Geo Method

  $3,513,934

• Alternative Use

  Use

  Valuation

  Residential

  $5,573,126

  Hospitality

  $5,104,954

  Educational

  $4,247,262

  Medical

  $4,393,332

  Retail

  $6,606,851

Location Insight

City

Stuart

County

Martin

State

Florida

Latitude

27.1948

Longitude

-80.2561

CBSA code

38940

CBSA name

PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].