900 Ocean BlvdStuart, FL 34994

Property Details for 900 Ocean Blvd

Year built

2001

Lot size

4.40 AC

Property size (Sq ft)

32,754 SF

Property type

Retail properties

Property subtype

Community centers

APN

31-37-42-000-000-00040-1

APU

313742000000000401

Description

This exceptional three-story medical office building, located at 900 SE Ocean Blvd in Stuart, Florida, offers a variety of suite sizes ideal for medical or professional practices. The building totals 33,726 square feet and sits on a 3.859-acre lot. Built in 1986, the property is meticulously maintained and features multiple stairwells and elevator access for convenient navigation. Currently, there are 300 square feet of vacant space available, with suites ranging from a minimum of 200 square feet to a maximum contiguous space of 300 square feet. The building is multi-tenant, providing a collaborative environment. Executive suites are available and include a comprehensive suite of services, such as phone and internet access, eight hours of monthly conference room usage (with four rooms of varying sizes to choose from), a full-time receptionist, and regular office cleaning. 24/7 building access is also provided. The property's prime location on SE Ocean Blvd in Martin County, Florida (zip code 34994) offers excellent visibility and accessibility. This is a rare opportunity to secure high-quality, well-appointed office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $18,762,670

  6.5%

  $17,319,386

  7%

  $16,082,288

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,040,292

  Geo Method

  $21,040,292

• Alternative Use

  Use

  Valuation

  Residential

  $14,609,551

  Hospitality

  $13,382,270

  Educational

  $11,133,892

  Medical

  $11,516,803

  Retail

  $17,319,386

Location Insight

City

Stuart

County

Martin

State

Florida

Latitude

27.2166

Longitude

-80.1779

CBSA code

38940

CBSA name

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

Property Tax & Assessments

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