520 Federal HwyStuart, FL 34994

Property Details for 520 Federal Hwy

Year built

1973

Lot size

0.25 AC

Property size (Sq ft)

2,720 SF

Property type

Office properties

Property subtype

Other office properties

APN

05-38-41-001-000-01040-2

APU

53841001000010402

Description

This exceptional 2,720-square-foot freestanding office building in Stuart, Florida, offers high visibility from US-1, averaging over 36,000 cars daily. Built in 1973 and extensively renovated in 2020, the two-story building features a single tenancy and is zoned B-2. The property boasts ample parking and its own monument sign. Interior highlights include a spacious reception area with a conference room, partitioned offices, a kitchen, private restrooms, a print/copy room, and secure storage. High-end finishes such as marble flooring, 8-foot finished wood ceilings, recessed lighting, a brand-new roof, and impact glass windows are present throughout. The former general contractor's office space is ideal for similar uses. Located at 520 SW Federal Hwy, Stuart, FL 34994, in Martin County, this property presents a unique opportunity for businesses seeking a prominent location with modern amenities. The building's excellent condition and prime location make it an attractive investment.

• CAP approach

  CAP return

  Valuation

  6%

  $960,730

  6.5%

  $886,828

  7%

  $823,483

• Comparable approach

  Method

  Valuation

  Relative Method

  $693,355

  Geo Method

  $693,355

• Alternative Use

  Use

  Valuation

  Residential

  $1,099,666

  Hospitality

  $1,007,289

  Educational

  $838,052

  Medical

  $866,874

  Retail

  $1,303,637

Location Insight

City

Stuart

County

Martin

State

Florida

Latitude

27.1954

Longitude

-80.2574

CBSA code

38940

CBSA name

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

Property Tax & Assessments

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