101 Ocean BlvdStuart, FL 34994

  • Other commercial real estate
  • 1,206 SF
For Sale
$3,999,000 View listing

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
101 Ocean Blvd, Stuart, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,464
-
$180,900
$180,900
-
-
$180,900
$180,900

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