101 Ocean BlvdStuart, FL 34994
- Other commercial real estate
- 1,206 SF
Property Details for 101 Ocean Blvd
- Year built
- 2007
- Lot size
- 0.03 AC
- Property size (Sq ft)
- 1,206 SF
- Property type
- Other commercial real estate
- APN
- 04-38-41-034-001-01010-0
- APU
- 43841034001010100
Description
This exceptional mixed-use property at 101 SW Ocean Boulevard in Stuart, Florida, presents a rare investment opportunity. The offering encompasses two connected commercial buildings totaling 8,114 square feet, situated on a lot with a fenced courtyard-style parking area. Built in 1925, the buildings boast classic storefronts, multiple roll-up doors allowing for convenient thru-traffic, and integrated office spaces. The property benefits from excellent frontage on two sides and a prominent monument sign, ensuring high visibility and attracting significant foot traffic. Adding to its appeal, the property includes two one-bedroom, one-bathroom rental apartments, ideally located within walking distance of Stuart's vibrant downtown area, filled with trendy shops and restaurants. The asking price for this well-maintained property is $3,999,000. This is a unique chance to acquire a substantial mixed-use asset in a thriving Florida coastal community. The property's location in the heart of Stuart's downtown provides immediate access to a diverse range of amenities and a strong local economy. The combination of commercial space and rental apartments offers a diversified income stream and significant potential for future growth. The property's size and layout provide flexibility for a variety of uses and potential expansion. This is an exceptional opportunity for investors seeking a high-return, mixed-use property in a desirable location. The zip code is 34994.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $520,410
- Hospitality
- $476,693
- Educational
- $396,603
- Medical
- $410,243
- Retail
- $616,938
Location Insight
- City
- Stuart
- County
- Martin
- State
- Florida
- Latitude
- 27.1977
- Longitude
- -80.2508
- 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
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